ABN AMRO Bank

Iwoca has obtained new credit lines totalling 185 million euro from ABN Amro and Neuberger, raising available capacity in Germany to more than half a billion euro. The German loan portfolio currently stands at about 400 million euro across 13,000 customers and has more than doubled within twelve months; the target is a 1 billion euro loan book by mid-2028. The average default rate is in the mid single-digit percentage range, customers pay on average around 20 percent interest, and Iwoca refinances through a fund in Luxembourg with additional partner banks such as Barclays, Citi and Lloyds. » More on handelsblatt.com

State holding company NLFI plans to reduce its stake in ABN Amro from 20.7 to 10.5 percent via a trading plan, bringing full privatization closer. The announcement weighed slightly on the stock after it had gained around 40 percent year-to-date. ABN Amro is undergoing a restructuring with job cuts, the sale of unprofitable business units and the takeover of NIBC to strengthen its retail banking business. The state’s gradual withdrawal fuels speculation about possible takeover interest from other banks. » More on handelsblatt.com

NIBC published its 2026 half-year report and reports solid results for the first half. The report was aligned with the previously communicated financial figures of 12 August. The takeover by ABN AMRO, completed on 3 August 2026, makes NIBC a subsidiary; the The Hague–based bank employs around 600 staff and offers savings products, mortgages and financing for commercial real estate and digital infrastructure. » More on de.investing.com