Dutch Banks' Interim Reports Show Improved Overseas Forex Gains

BANKS

The two Dutch banks to report foreign exchange gains at the interim stage show inconsistent revenue patterns with income down at ABN Amro Bank but up at ING Group, which earlier this year swallowed failed U.K. merchant bank Barings. Both banks recognised the importance of contributions from their international network to their performance in FX.

Foreign exchange income at ABN Amro Bank in the first half of 1995 fell 8.5 per cent, from Fl272 million in the six months to June 1994 to Fl249 mill