The ABN AMRO Clearing Annual Report 2016 is online

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ABN AMRO Clearing has published its annual report for 2016.

The year 2016

2016 was a challenging but profitable year for AACB, marked by macroeconomic uncertainty, geopolitical tensions and ongoing regulatory changes for financial institutions. The outcome of the United States presidential election and the United Kingdom’s vote to leave the EU brought additional market volatility and raised concerns about possible protectionism and budgetary discipline, and consequently, their impact on domestic economies and regulatory frameworks. Against this backdrop, AACB revenues once again rose in 2016, showing strong growth in fee income and improved treasury efficiencies. Along with our ongoing cost focus, this delivered an increase in net profit of EUR 4 million to EUR 68 million for the year despite a higher liquidity buffer and regulatory costs.



ABN AMRO Clearing Communications