ABN Amro 1994 FX Income Falls 18.5% With Bigger Drop At Home Than Abroad

BANKS

Foreign exchange income at ABN Amro Bank in 1994 fell off 18.5 per cent, from Fl672 million in 1993 to Fl548 million last year. The bank reported improved pre-tax profits on March 9, but overall dealing income fell nearly 30 per cent year-on-year.

ABN Amro's report further divides its FX dealing income into that earned in the Netherlands and that earned abroad. The bank's dealing operations did much better outside the country than domestically last year: Netherlands FX income dropped more tha

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: