KCNIB schreef op 23 januari 2021 16:08:
Bericht 06-2020, ING staat op 3 en Rabo op 4
www.consultancy.nl/nieuws/29168/europ...2: ABN Amro
Voor het tweede jaar op rij is ABN Amro door Roland Berger uitgeroepen tot de op één na best presterende bank van Europa. ABN Amro heeft met name een sterke kapitaalpositie, met een CET1-ratio van 18%, ver boven het gemiddelde van 14,3%. De bank kan daarnaast rekenen op een relatief solide ROE-ratio van 9,4%.
ABN Amro is de derde bank van ons land (na ING en Rabobank) en is momenteel nog gedeeltelijk in handen van staat, na de nationalisatie door de Nederlandse regering na de ineenstorting van moederbedrijf Fortis. In 2015 werd ABN Amro opnieuw een beursgenoteerd bedrijf. Toch heeft de Nederlandse overheid nog steeds een belang in de organisatie. ABN Amro heeft circa 18.000 medewerkers en wordt momenteel geleid door voormalig PwC-partner Robert Swaak.
Strong Credit Profile: ABN AMRO Bank N.V.'s ratings reflect its strong domestic universal banking franchise, complemented by a solid European private banking foothold. The bank's strong capitalisation and sound funding and liquidity profile are rating strengths. The ratings also consider ABN AMRO's well-executed strategy, good asset quality and sound revenue generation. Asset Quality Under Pressure: Fitch Ratings expects asset-quality pressure in cyclical sectors such as oil and gas, offshore and other sectors directly affected by the pandemic (about 8% of loans). The extent of problems will depend on the resilience of Dutch economy after the wind-down of state aid measures. Mortgage loans should perform well given prudent underwriting and assuming an only moderate unemployment increase. At end-June 2020, the impaired mortgage loan ratio was low at 0.8% compared with 3.1% total ratio for the bank. Weakened Profitability Outlook: In 2020, ABN AMRO is likely to incur an annual loss due to high loan impairment charges (LICs) and additional restructuring costs related to the wind- down of non-core assets. We expect revenue to remain resilient (underpinned by its well-performing mortgage loan portfolio), despite deposit margin compression and weaker growth prospects. Expenses should be modestly lower owing to cost-saving programmes. Strong Capitalisation: ABN AMRO’s risk-weighted capital ratios are sound although, at end-June 2020, the bank's Common Equity Tier 1 (CET1) ratio declined slightly to 17.3%, modestly below its target of 17.5%-18.5%. This was equivalent to a CET1 ratio of about 14% including future regulatory-driven risk-weighted assets inflation, notably the Basel III end-game rules.
www.fitchratings.com/research/banks/a...