ABN Amro CFO on Earnings, Dividend, Cost Savings

The transcript discusses ABN Amro's financial strategies amidst economic challenges. Key topics include dividend policy, cost management, client charges, and regulatory compliance. The bank maintains a payout policy, prioritizes capital position, and focuses on detecting financial crime. Despite economic pressures, ABN Amro aims to safeguard its capital and maintain strong client relationships.

What is ABN Amro's commitment regarding dividends?

• To increase nominal dividends annually

• To maintain a payout policy

• To reduce dividends every year

• To pay dividends only in profitable years

How does ABN Amro plan to manage its cost-to-income ratio?

• By increasing interest rates

• By reducing staff

• By passing on negative rates to large savers

• By closing branches

What is the expected impact of charging large savers at ABN Amro?

• A significant outflow of deposits

• An increase in small savers

• A decrease in bank profits

• Retention of important clients

What is ABN Amro's primary key performance indicator?

• Market share

• Cost-to-income ratio

• Return on equity

• Net profit

How much did ABN Amro spend on detecting financial crime in 2019?

• €500 million

• €400 million

• €200 million

• €300 million

What is the CT1 ratio of ABN Amro's balance sheet?

• 10%

• 15%

• 18%

• 20%

What role does ABN Amro play in society according to the CFO?

• A competitive role

• A minor role

• A regulatory role

• An important role