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French Bank BNP Paribas Approached Dutch Government to Buy 57% State-Owned Bank ABN Amro

24th June 2022 | Hong Kong

French bank BNP Paribas had approached the Dutch government to buy the 57% state-owned bank ABN Amro.  BNP Paribas is reported to be interested in acquiring ABN Amro retail and corporate banking business in Northern Europe.  Since the 2008 financial crisis, ABN Amro had been majority owned by the Dutch government, which was publicly listed in late 2015 and the Dutch government selling down its stake in the Dutch Bank.  ABN Amro has a market capitalisation of over $5.6 billion (24/6/22) while BNP Paribas has a market capitalisation of around $62 billion (24/6/22).  

“ French Bank BNP Paribas Approached Dutch Government to Buy 57% State-Owned Bank ABN Amro “

 

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