Dutch government to reduce its stake in ABN Amro by a quarter
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 15 2024
0mins
Source: CNBC
Dutch Government Reduces Stake in ABN Amro: The Dutch government plans to decrease its stake in ABN Amro from 40.5% to 30% through a trading plan executed by Barclays Bank Ireland, following previous reductions initiated last year.
Banking Sector Trends: This move aligns with a broader trend where governments are selling off shares in banks that were bailed out during the 2008 financial crisis, as seen with similar actions by the U.K. and German governments regarding NatWest and Commerzbank.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
