By
Elena VardonShareResizeListen
(2 min)
The bank expects to distribute all of the capital it generates between 2026 and 2028 to shareholders. piroschka van de wouw/ReutersDutch bank ABN Amro plans to slash thousands of jobs and sell its personal loans subsidiary as part of its new strategic plan to boost profitability and capital returns in the next three years.
The lender on Tuesday said that it targets a return on equity—a key profitability metric—of at least 12% in 2028, supported by more than 10 billion euros ($11.52 billion) in income and a cost-to-income ratio below 55%.
Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8