ABN AMRO Bank N.V. (OTCPK:AAVMY) Bank of America 30th Annual Financials CEO Conference 2025 September 17, 2025 9:00 AM EDT
Company Participants
Marguerite Bérard-Andrieu – Chief Executive Officer
Conference Call Participants
Tarik El Mejjad – BofA Securities, Research Division
Presentation
Tarik El Mejjad
BofA Securities, Research Division
Good afternoon, everyone. Thanks for joining us after lunch session. We had time to get lunch. Marguerite I’m very pleased to welcome you to our conference. I think it’s — this is your first time meeting the investors community as new CEO of ABN AMRO. I mean, your attendance is highly appreciated.
So clearly, I mean, ABN is seen among the remaining fuel profitability turnaround stories and your appointment is seen as a catalyst to drive this change. The shares performed well this year, up 70% year-to-date outperforming sector at 30%. So clearly, the market is on board, and there will be positioning ahead of your CMD on 25th November. So we keep that in mind in our interaction, of course.
Question-and-Answer Session
Tarik El Mejjad
BofA Securities, Research Division
So before we start talking about your strategic vision and your profitability, I want to start with the — talk about the budget day, which was, I think, this week. And then the Dutch elections, to see what’s been any highlights in these budgets and what you expect that will impact banks in terms of bank taxes or any policies?
Marguerite Bérard-Andrieu
Chief Executive Officer
Good afternoon. Thank you so much for having me. And I hope indeed that you had time to have lunch, because I know this afternoon can be really long.
To your question on the budget in the Netherlands and the political landscape, I was in the Hague yesterday because it was an important day it’s called Prinsjesdag Day. So
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