Europe · Business news · Corporate · 07 Oct 2026
EU Financials
The Netherlands plans to roughly halve its holding in ABN Amro, from 20.7% to 10.5%. The shares are to be sold in the market under a pre-agreed trading plan carried out by BofA Securities Europe, starting in the coming days and ending when the maximum number has been sold. It is the fifth such plan; the previous one, in July 2026, brought in about 2.5 billion euros. ABN Amro was valued at about 34.5 billion euros at Tuesday's close and its shares fell about 1% on the news. Chief executive Marguerite Berard welcomed the decision.
At Tuesday's value, a 10.2-point stake is worth about 3.5 billion euros, sold gradually into the market rather than in one block, which puts steady supply into the shares for the length of the plan. The bank itself receives nothing: the proceeds go to the Dutch treasury. The state has been selling down since the 2015 listing that followed the 2008 nationalisation, and a holding near 10% leaves the bank with a wider free float and a smaller government shareholder. The report says ABN Amro has committed to cutting more than 5,000 jobs and is about 45% through.
Reported by NL Times — “Dutch State to reduce stake in ABN Amro to 10.5 percent” ↗ on 07 Oct 2026.
Official series on 07 Oct 2026 or the last day before it, and the latest observation.
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