ABN AMRO Bank NV

Current Accounts
from 37.20 EUR p.a.
Savings Accounts
up to 0.80 %
Time Deposit Accounts
up to 1.05 %
Consumer Loans
from 6.00 %
Mortgage Loans
from 3.65 %

ABN AMRO Bank serves retail, private and corporate banking clients with a primary focus on the Netherlands. ABN AMRO Bank is one of the largest banks of the Netherlands. The bank also conducts selected operations internationally. ABN AMRO Bank offers a comprehensive range of products and services via multichannel distribution including mobile applications and internet banking. In particular, MoneYou is a subsidiary of ABN AMRO Bank, specialising in online financial services (savings, mortgages and consumer loans) for retail clients and also offering savings products outside the Netherlands (Germany, Belgium and Austria). ABN AMRO Bank NV is the head bank of ABN AMRO Group (Netherlands).

ABN AMRO Bank NV is the 3rd largest bank in the Netherlands in terms of total assets. In 2016 its total assets were 394,48 bln EUR. In 2016 the bank's net income was 1 806,00 mln EUR.

ABN AMRO Bank NV is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality). Long-term credit rating assigned to the bank by Moody's is A2 (upper medium grade). ABN AMRO Bank NV participates in deposit guarantee scheme of the Netherlands. This scheme covers accounts up to 100 000 EUR per bank per depositor.

ABN AMRO Bank NV is headquartered in Amsterdam.

Address
Gustav Mahlerlaan 10, 1082 PP, Amsterdam, Netherlands
P.O. Box
283
Website
https://www.abnamro.nl/
Total Assets (2016)
394.48 bln EUR  (+1.07%)
Net Income (2016)
1 806.00 mln EUR  (-6.13%)
Credit Ratings (as of Apr 2016)
A+/A2
Deposit Guarantee
100 000 EUR
BIC (SWIFT)
ABNANL2A
MFI ID
NL149

Business Summary

Eligible Clients
private individuals and companies, resident and non-resident in the Netherlands
Services
retail banking
private banking
corporate banking
insurance
Products
current accounts
debit cards
credit cards
savings accounts (0.70 - 0.80 %)
time deposit accounts (0.70 - 1.05 %)
investment funds
consumer loans (6.00 - 6.00 %)
mortgage loans (3.65 - 6.00 %)
car loans (5.80 - 6.40 %)
trading accounts

Products

Current Accounts

Current accounts are non-interest bearing deposit accounts that are used to perform day-to-day banking transactions. Current accounts are often offered with a payment card (a debit card and/or a credit card) and may also include overdraft possibility. Annual costs of having a current account (also known as account management fees) can depend on monthly income input to the account or amount of money deposited into the account.

Current accounts made with ABN AMRO Bank NV are covered by deposit guarantee scheme of the Netherlands up to 100 000 EUR per depositor. The following current accounts are offered by ABN AMRO Bank NV.

Last updated 23 August 2017

Prive Pakket
Sales Region
Netherlands
Account Currency
EUR
Annual Costs (EUR)
37.20
Overdraft Rate (p.a.)
14.10 %
Credit Card
Current Account Details
Product Name
Prive Pakket
Account Currency
EUR
Annual Costs
37.20 EUR
Interest Rate (p.a.)
0.00 %
Overdraft Rate (p.a.)
14.10 %
Debit Card
Debit Card Costs (p.a.)
0.00 EUR
Credit Card
Credit Card Costs (p.a.)
0.00 EUR
Online Banking
Telephone Banking
Branch Banking
Mobile Banking
Indexed TAN (iTAN)
pushTAN
photoTAN
Mobile TAN (mTAN)
chipTAN

Netherlands: This product is offered to the Netherlands' residents only. When clicking on the product link you will be redirected to the product page in Dutch.

See Also

Savings Accounts

Savings accounts are interest-bearing deposits accounts which allow to withdraw money at any time. While providing more flexibility, savings accounts usually offer lower interest rates and shorter deposit terms than time deposit accounts.

Savings accounts made with ABN AMRO Bank NV are covered by deposit guarantee scheme of the Netherlands up to 100 000 EUR per depositor. ABN AMRO Bank NV offers the following savings accounts.

Last updated 23 August 2017

Tagesgeld
Sales Region
Austria
Account Currency
EUR
Interest Rate (p.a.)
0.70 %
Deposit Term (months)
1
Savings Account Details
Product Name
Tagesgeld
Account Currency
EUR
Interest Rate (p.a.)
0.70 %
Deposit Term (months)
1
Investment Amount
1 - 999999 EUR
Interest Frequency
1 times a year
Tagesgeld
Sales Region
Austria
Account Currency
EUR
Interest Rate (p.a.)
0.70 %
Deposit Term (months)
3
Savings Account Details
Product Name
Tagesgeld
Account Currency
EUR
Interest Rate (p.a.)
0.70 %
Deposit Term (months)
3
Investment Amount
1 - 999999 EUR
Interest Frequency
1 times a year
Tagesgeld
Sales Region
Austria
Account Currency
EUR
Interest Rate (p.a.)
0.70 %
Deposit Term (months)
6
Savings Account Details
Product Name
Tagesgeld
Account Currency
EUR
Interest Rate (p.a.)
0.70 %
Deposit Term (months)
6
Investment Amount
1 - 999999 EUR
Interest Frequency
1 times a year
Tagesgeld
Sales Region
Austria
Account Currency
EUR
Interest Rate (p.a.)
0.70 %
Deposit Term (months)
9
Savings Account Details
Product Name
Tagesgeld
Account Currency
EUR
Interest Rate (p.a.)
0.70 %
Deposit Term (months)
9
Investment Amount
1 - 999999 EUR
Interest Frequency
1 times a year
Tagesgeld
Sales Region
Austria
Account Currency
EUR
Interest Rate (p.a.)
0.70 %
Deposit Term (months)
12
Savings Account Details
Product Name
Tagesgeld
Account Currency
EUR
Interest Rate (p.a.)
0.70 %
Deposit Term (months)
12
Investment Amount
1 - 999999 EUR
Interest Frequency
1 times a year
MoneYou Sparen - Vrij Opneembaar
Sales Region
Netherlands
Account Currency
EUR
Interest Rate (p.a.)
0.80 %
Deposit Term (months)
1
Savings Account Details
Product Name
MoneYou Sparen - Vrij Opneembaar
Account Currency
EUR
Interest Rate (p.a.)
0.80 %
Deposit Term (months)
1
Investment Amount
1 - 999999 EUR
Interest Frequency
1 times a year
MoneYou Sparen - Vrij Opneembaar
Sales Region
Netherlands
Account Currency
EUR
Interest Rate (p.a.)
0.80 %
Deposit Term (months)
3
Savings Account Details
Product Name
MoneYou Sparen - Vrij Opneembaar
Account Currency
EUR
Interest Rate (p.a.)
0.80 %
Deposit Term (months)
3
Investment Amount
1 - 999999 EUR
Interest Frequency
1 times a year
MoneYou Sparen - Vrij Opneembaar
Sales Region
Netherlands
Account Currency
EUR
Interest Rate (p.a.)
0.80 %
Deposit Term (months)
6
Savings Account Details
Product Name
MoneYou Sparen - Vrij Opneembaar
Account Currency
EUR
Interest Rate (p.a.)
0.80 %
Deposit Term (months)
6
Investment Amount
1 - 999999 EUR
Interest Frequency
1 times a year
MoneYou Sparen - Vrij Opneembaar
Sales Region
Netherlands
Account Currency
EUR
Interest Rate (p.a.)
0.80 %
Deposit Term (months)
9
Savings Account Details
Product Name
MoneYou Sparen - Vrij Opneembaar
Account Currency
EUR
Interest Rate (p.a.)
0.80 %
Deposit Term (months)
9
Investment Amount
1 - 999999 EUR
Interest Frequency
1 times a year
MoneYou Sparen - Vrij Opneembaar
Sales Region
Netherlands
Account Currency
EUR
Interest Rate (p.a.)
0.80 %
Deposit Term (months)
12
Savings Account Details
Product Name
MoneYou Sparen - Vrij Opneembaar
Account Currency
EUR
Interest Rate (p.a.)
0.80 %
Deposit Term (months)
12
Investment Amount
1 - 999999 EUR
Interest Frequency
1 times a year

Austria: This product is offered to Austrian residents only. When clicking on the product link you will be redirected to the product page in German.

Netherlands: This product is offered to the Netherlands' residents only. When clicking on the product link you will be redirected to the product page in Dutch.

See Also

Time Deposit Accounts

Time deposits accounts are interest-bearing deposit accounts offering higher interest rates than savings accounts. However the money deposited to such account cannot be withdrawn for a specified period of time (term).

Time deposit accounts made with ABN AMRO Bank NV are covered by deposit guarantee scheme of the Netherlands up to 100 000 EUR per depositor. ABN AMRO Bank NV offers the following time deposit accounts.

Last updated 23 August 2017

Festgeld
Sales Region
Austria
Account Currency
EUR
Interest Rate (p.a.)
0.70 %
Deposit Term (months)
6
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Interest Rate (p.a.)
0.70 %
Deposit Term (months)
6
MoneYou Sparen - 6 Maanden Vast
Sales Region
Netherlands
Account Currency
EUR
Interest Rate (p.a.)
1.00 %
Deposit Term (months)
6
Time Deposit Account Details
Product Name
MoneYou Sparen - 6 Maanden Vast
Account Currency
EUR
Interest Rate (p.a.)
1.00 %
Deposit Term (months)
6
Festgeld
Sales Region
Austria
Account Currency
EUR
Interest Rate (p.a.)
0.70 %
Deposit Term (months)
12
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Interest Rate (p.a.)
0.70 %
Deposit Term (months)
12
MoneYou Sparen - 1 Jaar Vast
Sales Region
Netherlands
Account Currency
EUR
Interest Rate (p.a.)
1.05 %
Deposit Term (months)
12
Time Deposit Account Details
Product Name
MoneYou Sparen - 1 Jaar Vast
Account Currency
EUR
Interest Rate (p.a.)
1.05 %
Deposit Term (months)
12

Austria: This product is offered to Austrian residents only. When clicking on the product link you will be redirected to the product page in German.

Netherlands: This product is offered to the Netherlands' residents only. When clicking on the product link you will be redirected to the product page in Dutch.

See Also

Consumer Loans

Consumer loans are secured or unsecured (i.e., backed or non-backed by a collateral) loans provided to retail customers for personal, family, or household purposes or for purchase of goods and services. In terms of repayment, consumer loans can be revolving (when a credit limit can be spent, repaid and spent again) or installment (such a loan is repaid in equal installments until the loan is paid off at the end of its term). Consumer loans offered by ABN AMRO Bank NV are shown in the table below.

Last updated 23 August 2017

Persoonlijke lening
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
6.00 %
Loan Amount (EUR)
10000 - 14999
Loan Term (months)
24
Persoonlijke lening
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
6.00 %
Loan Amount (EUR)
10000 - 14999
Loan Term (months)
36
Persoonlijke lening
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
6.00 %
Loan Amount (EUR)
10000 - 14999
Loan Term (months)
48
Persoonlijke lening
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
6.00 %
Loan Amount (EUR)
10000 - 14999
Loan Term (months)
60
Persoonlijke lening
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
6.00 %
Loan Amount (EUR)
10000 - 14999
Loan Term (months)
72
Persoonlijke lening
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
6.00 %
Loan Amount (EUR)
10000 - 14999
Loan Term (months)
84
Persoonlijke lening
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
6.00 %
Loan Amount (EUR)
10000 - 14999
Loan Term (months)
96
Persoonlijke lening
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
6.00 %
Loan Amount (EUR)
10000 - 14999
Loan Term (months)
120

Netherlands: This product is offered to the Netherlands' residents only. When clicking on the product link you will be redirected to the product page in Dutch.

See Also

Car Loans

Car loans are secured or unsecured (i.e., backed or non-backed by a collateral) installment loans provided to retail customers for the purpose of buying a new or used car. Used cars purchased privately are often financed through unsecured loans, while new cars are financed via secured loans with the car used as the loan collateral. Car loans offered by ABN AMRO Bank NV are shown in the table below.

Last updated 23 August 2017

Flexibel krediet
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
5.80 %
Loan Amount
10000 - 14999
Loan Term (months)
12
Doorlopend krediet
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
6.40 %
Loan Amount
5000 - 15000
Loan Term (months)
12
Flexibel krediet
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
5.80 %
Loan Amount
10000 - 14999
Loan Term (months)
24
Doorlopend krediet
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
6.40 %
Loan Amount
5000 - 15000
Loan Term (months)
24
Flexibel krediet
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
5.80 %
Loan Amount
10000 - 14999
Loan Term (months)
36
Doorlopend krediet
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
6.40 %
Loan Amount
5000 - 15000
Loan Term (months)
36
Flexibel krediet
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
5.80 %
Loan Amount
10000 - 14999
Loan Term (months)
48
Doorlopend krediet
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
6.40 %
Loan Amount
5000 - 15000
Loan Term (months)
48
Flexibel krediet
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
5.80 %
Loan Amount
10000 - 14999
Loan Term (months)
60
Doorlopend krediet
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
6.40 %
Loan Amount
5000 - 15000
Loan Term (months)
60
Flexibel krediet
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
5.80 %
Loan Amount
10000 - 14999
Loan Term (months)
72
Doorlopend krediet
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
6.40 %
Loan Amount
5000 - 15000
Loan Term (months)
72
Flexibel krediet
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
5.80 %
Loan Amount
10000 - 14999
Loan Term (months)
84
Doorlopend krediet
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
6.40 %
Loan Amount
5000 - 15000
Loan Term (months)
84
Flexibel krediet
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
5.80 %
Loan Amount
10000 - 14999
Loan Term (months)
96
Doorlopend krediet
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
6.40 %
Loan Amount
5000 - 15000
Loan Term (months)
96
Flexibel krediet
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
5.80 %
Loan Amount
10000 - 14999
Loan Term (months)
120
Doorlopend krediet
Sales Region
Netherlands
Loan Currency
EUR
Effective Rate (p.a.)
6.40 %
Loan Amount
5000 - 15000
Loan Term (months)
120

Netherlands: This product is offered to the Netherlands' residents only. When clicking on the product link you will be redirected to the product page in Dutch.

See Also

Mortgage Loans

Mortgage loans are secured loans used for real estate financing purposes (for example, purchase of a new or existing property, construction of an own property, property renovation) without paying the entire value up front. A mortgage loan is secured by the collateral of specified real estate property and is repaid in installments. Mortgage loans offered by ABN AMRO Bank NV are shown in the table below.

Last updated 23 August 2017

Woning Hypotheek
Sales Region
Netherlands
Loan Currency
EUR
Borrowing Rate (p.a.)
3.65 %
Lending Amount (%)
60
Loan Term (years)
5
Woning Hypotheek
Sales Region
Netherlands
Loan Currency
EUR
Borrowing Rate (p.a.)
4.45 %
Lending Amount (%)
80
Loan Term (years)
5
Woning Hypotheek
Sales Region
Netherlands
Loan Currency
EUR
Borrowing Rate (p.a.)
4.50 %
Lending Amount (%)
60
Loan Term (years)
10
Woning Hypotheek
Sales Region
Netherlands
Loan Currency
EUR
Borrowing Rate (p.a.)
5.30 %
Lending Amount (%)
80
Loan Term (years)
10
Woning Hypotheek
Sales Region
Netherlands
Loan Currency
EUR
Borrowing Rate (p.a.)
5.05 %
Lending Amount (%)
60
Loan Term (years)
15
Woning Hypotheek
Sales Region
Netherlands
Loan Currency
EUR
Borrowing Rate (p.a.)
5.85 %
Lending Amount (%)
80
Loan Term (years)
15
Woning Hypotheek
Sales Region
Netherlands
Loan Currency
EUR
Borrowing Rate (p.a.)
5.20 %
Lending Amount (%)
60
Loan Term (years)
20
Woning Hypotheek
Sales Region
Netherlands
Loan Currency
EUR
Borrowing Rate (p.a.)
6.00 %
Lending Amount (%)
80
Loan Term (years)
20

Netherlands: This product is offered to the Netherlands' residents only. When clicking on the product link you will be redirected to the product page in Dutch.

See Also

Trading Accounts

Trading accounts are used to execute trade transactions involving buying and selling various financial instruments, for example, stocks, bonds, futures and options. Trading accounts can hold both cash and securities.

Trading accounts made with ABN AMRO Bank NV are covered by investor compensation scheme of the Netherlands up to 20 000 EUR per investor. Trading accounts offered by ABN AMRO Bank NV are shown in the table below.

Last updated 23 August 2017

Begeleid beleggen
Sales Region
Netherlands
Annual Costs (EUR)
156.00
Costs per Order (EUR)
10.00
Trading Account Details
Product Name
Begeleid beleggen
Annual Costs
156.00 EUR
Costs per Order
10.00 EUR
Traded Instruments
stocks
bonds
ETFs
funds
options
certificates
Stock Exchanges
XETRA
Frankfurt
NYSE

Netherlands: This product is offered to the Netherlands' residents only. When clicking on the product link you will be redirected to the product page in Dutch.

See Also

Financial Positions

Total Assets (2016)
394.48 bln EUR  (+1.07%)
Total Equity (2016)
18 937.00 mln EUR  (+7.69%)

In 2016 total assets of ABN AMRO Bank NV were 394.48 bln EUR. Growth compared to the previous period (2015) was 1.07%. The evolution of the total assets of ABN AMRO Bank NV is shown at Chart 1 below.

Total Assets of ABN AMRO Bank NV. Chart 1. Total Assets of ABN AMRO Bank NV.

Profit and Loss

Net Income (2016)
1 806.00 mln EUR  (-6.13%)

Recent changes in gross profit of ABN AMRO Bank NV and its main components are shown in Table 1.

2015 2016 % change
Interest Income 13 207.0 12 651.0 -4.21%
Interest Charges -7 130.0 -6 383.0 -10.48%
Net Interest Income 6 076.0 6 267.0 +3.14%
Commission Income 3 061.0 3 082.0 +0.69%
Commission Charges -1 233.0 -1 340.0 +8.68%
Net Commission Income 1 829.0 1 743.0 -4.70%
Net Income from Trading Operations 99.0 -211.0
Table 1. Recent changes in gross profit of ABN AMRO Bank NV (mln EUR).

In 2016 net income of ABN AMRO Bank NV was 1 806.00 mln EUR. Decline compared to the previous period (2015) was -6.13%. The evolution of the net income of ABN AMRO Bank NV is shown at Chart 2 below.

Net Income of ABN AMRO Bank NV. Chart 2. Net Income of ABN AMRO Bank NV.

Market Position and Market Share (among banks in the Netherlands)

Total Assets (2016)
3rd

Credit Ratings (as of Apr 2016)

Fitch Moody's
A+ (high credit quality) A2 (upper medium grade)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. ABN AMRO Bank NV is rated by Fitch and Moody's.

Credit ratings assigned to ABN AMRO Bank NV as of April 2016 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for ABN AMRO Bank NV it is set to A+ (high credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for ABN AMRO Bank NV is set to F1 (highest short-term credit quality).

Long-Term Issuer Default Rating  A+
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F1
Viability Rating  a
Support Rating  5
Support Rating Floor  NF

Viability rating for ABN AMRO Bank NV is set to a (high fundamental credit quality); support rating is 5 (there is a possibility of external support, but it cannot be relied upon); support rating floor is NF (no floor; no reasonable presumption of potential support being forthcoming).

Moody's

Long-term rating for ABN AMRO Bank NV it is set to A2 (upper medium grade). Long-term bank deposit rating is A2 (upper medium grade). Bank financial strength rating is baa2. Short-term rating is set to Ba2.

Long-Term Rating  A2
Long-Term Bank Deposit Rating  A2
Bank Financial Strength Rating  baa2
Short-Term Rating  Ba2
Outlook  stable

Outlook for the ratings of ABN AMRO Bank NV is set to stable (not likely to change).

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in the Netherlands are obliged to participate in the Netherlands' deposit guarantee scheme.

In the case of ABN AMRO Bank NV failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, small companies
Covered Accounts  nearly every payment or savings account, current account or term deposit is covered
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of ABN AMRO Bank NV and its components are shown in the table below.

BIC  ABNANL2A
Bank BIC Code  ABNA
Country Code  NL (Netherlands)
Location Code  2A
Branch Code  -

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of ABN AMRO Bank NV is shown in the table below.

MFI ID  NL149

European Presence: 9 banks in 8 countries

This bank operates in the following European countries and selected dependent territories of the European countries:

Belgium

Germany

Guernsey

Luxembourg

Netherlands

Norway

Spain

United Kingdom