ABN AMRO Bank NV (LTS:0RDM)
€ 15.04 -0.0425 (-0.28%) Market Cap: 12.48 Bil Enterprise Value: 58.55 Bil PE Ratio: 5.21 PB Ratio: 0.48 GF Score: 62/100
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ABN Amro Bank NV at Goldman Sachs European Financials Conference Transcript

Jun 09, 2022 / 10:45AM GMT
Release Date Price: €10.79 (-0.87%)
Andreas Scheriau
Goldman Sachs Group, Inc., Research Division - Associate

We can start. It's a great pleasure to welcome our next speaker, Lars Kramer, CFO of ABN AMRO. Lars has been appointed a year ago to his function. Lars was previously, 20 years, with ING, several functions, CFO for its wholesale banking at ING Direct, as an example. And very prior to ABN, he's been CFO of Hellenic Bank. So I'd like to just thank you very much for joining us in Rome here, making the way.

Questions & Answers

Andreas Scheriau;Lars
Goldman Sachs Group, Inc., Research Division - Associate

And yes, I think let's dive straight into the first question perhaps to start with the macro outlook to set the scene. Inflation has been top of mind and part of several discussions. So perhaps we start off with that one. How intense do you see the inflationary pressures in the Netherlands? In general, how do you see the monetary policy response and the impact on economic activity, the outlook for it? And are you picking up any signs of stress in the economy?

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