... .. business

     
   

AMSTERDAM: Dutch bank ABN AMRO beat its own projections yesterday with a 31 per cent rise in 2003 net profit and its chief raised the possibility of a merger after announcing the group had scrapped a takeover defence.

Chief Executive Rijkman Groenink, who has overseen a billion-euro restructuring that included closing non-core units and slashing 10,000 jobs worldwide to cope with hard times, said earnings would grow again this year.

Cost control, better stock markets and lower bad-debt provisions for the year helped the bank's bottom line and its wholesale investment banking and brokerage unit to return strongly to profit.

The Netherlands' biggest bank posted a record 2003 net profit of 3.161 billion euros (US$3.92 billion) from 2.207 billion euros (US$2.82 billion) previously. ABN AMRO had forecast net profit growth of 25 per cent.

Analysts had expected a 28 per cent rise. "ABN AMRO again managed to post very strong and better-than-expected results," said Bank Oyens & Van Eeghen analyst Ivo Geijsen, who has a "buy" on the stock.

The bank's wholesale division made a net profit of 387 million euros (US$495.36 million) compared with a 294 million euro (US$376.32 million) loss in 2002 when the stock-market downturn was at its worst.

(China Daily 02/05/2004 page12)

     

 
Copyright by chinadaily.com.cn. all rights reserved.
主站蜘蛛池模板: 动漫人物将机机桶机机网站| 毛片在线看免费版| 天天影视综合网| 亚洲中文字幕久久精品无码va | 99久久国产综合精品五月天| 日韩欧美亚洲国产精品字幕久久久 | 两个人一上一下剧烈运动| 日本卡一卡二新区| 久久青草亚洲AV无码麻豆 | 717影院理伦午夜论八戒| 无码一区二区三区亚洲人妻| 乱色精品无码一区二区国产盗| 精品久久久久香蕉网| 国产精品久久久久影院免费| 99久久国语露脸精品国产| 好男人资源在线手机免费| 乱理电影不卡4k4k| 欧美性生恔XXXXXDDDD| 午夜无码国产理论在线| 适合男士深夜看的小说软件| 国产成人综合野草| 男人天堂资源站| 国产精品无码一区二区三级| 一级成人a做片免费| 杨幂精品国产专区91在线| 免费无码又爽又黄又刺激网站 | 亚洲免费人成视频观看| 欧美激情在线精品video| 亚洲第一页国产| 美女黄网站人色视频免费| 国产精品无码久久久久| 99在线精品免费视频| 我就想添50多的老女人水很多| 亚洲国产成人精品无码区花野真一| 精品视频中文字幕| 国产成人精品综合在线观看| 尤物视频www| 婷婷久久综合网| 久久人午夜亚洲精品无码区| 欧美深夜福利视频| 亚洲精品自在在线观看|