ABN Amro Reports Solid First-Half Returns, Leading Dutch Banks In Higher FX Earnings

BANKS

In line with the strong results shown so far by their international competitors, Dutch banking giants ABN Amro Bank and ING Bank both report strong first half forex trading revenues on the back of higher across-the-board volatility during the period. Meanwhile, an official at Rabobank says the bank achieved "double digit" growth in FX, although the bank does not release a breakdown.

"The Dutch banks seemed to have benefited from opportunities in the dollar/major crosses, as well as emerging E

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