ABN AMRO Bank NV (OTCPK:AAVMY)
$ 16.8975 0.0075 (0.04%) Market Cap: 14.08 Bil Enterprise Value: 42.13 Bil PE Ratio: 4.90 PB Ratio: 0.52 GF Score: 67/100

Q1 2022 ABN Amro Bank NV Earnings Call Transcript

May 18, 2022 / 09:00AM GMT
Release Date Price: $10.89 (-13.02%)
Operator

Good morning. Welcome to the ABN AMRO First Quarter 2022 Analyst and Investor Call. (Operator Instructions) I would now like to hand the call over to the Chairman, Mr. Robert Swaak. Please go ahead, sir.

Robert Swaak
ABN AMRO Bank N.V. - CEO & Chairman of Executive Board

Thanks, Lance. Good morning, and welcome, as always, to ABN AMRO's Q1 results. Today, I'm joined by Lars Kramer, our CFO; Tanja Cuppen, our CRO. I will update you on the progress of our strategic agenda. Lars will then go through our first quarter results in more detail, and Tanja will update you on impairment developments in our loan portfolio and on capital.

So let's turn to our first quarter results as shown on Slide 2. As we all know, our world changed significantly in the last quarter. The War in Ukraine shook our sense of security and stability causing further economic uncertainty and a sharp increase in inflation. And our thoughts continue to be with all those affected by the war and we aim to provide support where possible. Thanks to a joint effort with other Dutch banks

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