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ABN Amro profit hurt by low interest rates, rising impairments

FILE PHOTO: ABN AMRO logo is seen at the headquarters in Amsterdam
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AMSTERDAM (Reuters) - Dutch bank ABN Amro reported on Wednesday fourth-quarter net income that missed analysts' estimates, hurt by lower interest income and higher impairments.ABN Amro posted flat quarterly net income of 316 million euros compared with the same period the year before. Analysts polled by the company had on average predicted a rise to 429 million euros.Impairments jumped 51% to 314..
Date Published: Feb 12, 2020
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