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ABN Amro Sees €33 Million Hit To Q3 Post-Tax Profit From Ruling On Contribution To SRF

By Reuters News

Nov 4 (Reuters) - ABN Amro Bank NV ABNd.AS:

  • GENERAL COURT OF EU ISSUES RULING ON CONTRIBUTION TO EUROPEAN RESOLUTION FUND

  • RECOGNISES EXTRA CONTRIBUTION OF AROUND €120 MILLION AS A RECEIVABLE IN CONNECTION TO RULING

  • RULING RESULTS IN PART OF RECEIVABLE TO BE REPAID BY SINGLE RESOLUTION BOARD (SRB)

  • RESULTING NEGATIVE IMPACT ON Q3 PROFIT AFTER TAX IS APPROXIMATELY €33 MILLION

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Further company coverage: [ABNd.AS]

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