ABN Amro cautious on NII growth into 2025 amid expected rates decrease
Dutch lender ABN Amro (ABNd.AS), opens new tab said on Wednesday it does not see a significant positive trend in net interest income into 2025 compared to 2024 amid an expected gradual normalisation of deposit margin as interest rates are likely to decrease.
“The question is how fast this margin normalization will be, but we do not expect NII into 2025 to increase at the same rate as we have seen this year,” CFO Ferdinand Vaandrager told reporters.
Source: REUTER