ABN AMRO Bank NV (OTCPK:ABMRF)
$ 17.01 0 (0%) Market Cap: 14.17 Bil Enterprise Value: 48.83 Bil PE Ratio: 5.18 PB Ratio: 0.51 GF Score: 66/100
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Q3 2021 ABN Amro Bank NV Earnings Call Transcript

Nov 10, 2021 / 10:00AM GMT
Release Date Price: $18.35
Operator

Good morning, ladies and gentlemen. Thank you for holding and welcome to the ABN AMRO Q3 2021 Analyst and Investor Call. (Operator Instructions)

I would now like to hand over the conference to Robert Swaak, CEO of ABN AMRO. Please go ahead, sir.

Robert Swaak
ABN AMRO Bank N.V. - CEO & Chairman of Management Board

Thank you, and good morning, everyone. Welcome to ABN AMRO's Q3 results. I'm joined by Lars Kramer, our CFO, and as always Tanja Cuppen, our CRO. I will take you through the progress of our strategic agenda and then Lars will take you through our third quarter results in a bit more detail, and after which Tanja will update you on impairment developments in our loan portfolio and on capital.

So let's turn to our third quarter results on Slide 2. Over the last quarter we did see the economy rebounding at the start of Q3, most restrictions were lifted and society continued to take a significant step towards normalization. Now this did have a modest positive effect on our results. Fee income was helped by higher credit card payment

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