ABN Amro reopens green bank, issues €2.9 billion in MTNs in third quarter

ABN Amro has reported a net profit of €725m for the third quarter of 2018, an increase of 8% on the same period last year. Net interest income was up 4% year-on-year on the back of a strong Dutch economy, according to the bank. On October 1, 2018, ABN Amro reopened Groenbank, which finances sustainable projects based on the green scheme as established by the Netherlands Enterprise Agency (Rijksdienst voor Ondernemend Nederland – RVO). The decision to reopen Groenbank is in line