September 30, 2016 8:58 PM ET

Banks

Company Overview of The Royal Bank of Scotland N.V.

Company Overview

The Royal Bank of Scotland N.V. provides retail, private, and corporate banking products and services to corporations and financial institutions primarily in Europe and Asia. The company offers residential mortgage products, consumer loans, credit cards, saving and mortgage accounts, and life and non-life insurance products, as well as working capital funding on debtors and inventory; and management related, derivatives and equity clearing, and finance lease services; and administrative services related to mortgage loans. It also offers corporate and institutional banking services, including debt financing, transaction, and risk management services. The company, formerly known as ABN AMRO Ba...

Gustav Mahlerlaan 350

P.O. Box 12925

Amsterdam,  1100 AX

Netherlands

Founded in 1825

800 Employees

Phone:

31 20 464 9999

Key Executives for The Royal Bank of Scotland N.V.

Chairman of Management Board and Chief Risk Officer
Age: 55
Chief Financial Officer and Member of Management Board
Age: 50
Senior Executive Vice President and Head of BU Global Markets
Head of Global Markets - Korea
Senior Executive Vice President and Head of BU Global Clients
Compensation as of Fiscal Year 2016.

The Royal Bank of Scotland N.V. Key Developments

The Royal Bank of Scotland N.V. Reports Unaudited Consolidated Earnings Results for the Half Year Ended June 30, 2016

The Royal Bank of Scotland N.V. reported unaudited consolidated earnings results for the half year ended June 30, 2016. For the period, the company reported net interest loss of EUR 30 million compared to EUR 11 million a year ago. Total income was EUR 204 million compared to EUR 139 million a year ago. Profit before impairment losses was EUR 168 million compared to EUR 43 million a year ago. Operating profit before tax was EUR 177 million compared to operating loss before tax of EUR 53 million a year ago. Profit was EUR 132 million compared to loss of EUR 46 million a year ago. Net cash inflows from operating activities were EUR 3,193 million compared to net cash outflows from operating activities of EUR 503 million a year ago.

Abn Amro Bank N.V Opens Econic Innovation Hub in Eindhoven, Netherlands

ABN AMRO Bank N.V. has announced that it will open the Econic innovation hub in Eindhoven, Netherlands. Fintechs and the bank's employees will meet each other here in an independent environment to develop and test their ideas together. Day-to-day management of the hub will be carried out by external innovation experts. Econic will start out by developing seven innovations and four participating companies. Econic will work with a proven innovation process, which the experts leading the hub have used previously for High Tech XL and various Dutch top 100 companies. The process, which will now be applied to fintechs for the first time, involves continuous monitoring of the innovation teams, workshops and master classes to achieve a ready-to-market proposition in six months. Besides fintechs, other companies with new ideas for business banking are also welcome at Econic.

The Royal Bank of Scotland N.V. Announces Unaudited Consolidated Earnings Results for the Half Year Ended June 30, 2015

The Royal Bank of Scotland N.V. announced unaudited consolidated earnings results for the half year ended June 30, 2015. For the half year, the company reported net interest loss was €11 million against net interest income of €106 million a year ago. Other operating income was €137 million against €168 million a year ago. Operating loss/loss before tax was €53 million against operating profit /profit before tax of €61 million a year ago. Loss from continuing operations was €52 million against profit from continuing operations of €52 million a year ago. Loss for the period attributable to controlling interests was €46 million against profit for the period attributable to controlling interests €60 million a year ago. Net cash flows from operating activities was €503 million against €3,204 million a year ago.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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