Dutch bank ABN Amro to cut 5,200 jobs by 2028

ABN Amro Bank NV

25/11/2025 06:18

Nov 25 (Reuters) - ABN Amro ABNd.AS plans to cut 5,200 jobs by 2028, it said on Tuesday ahead of its capital markets day, as the Dutch bank seeks to deliver on its cost-cutting promises and focus on its mortgage business.

The lender also announced the sale of its personal loan business Alfam to domestic peer Rabobank, and said it would trim its risk-weighted assets in the corporate bank division by 10 billion euros ($11.5 billion) over the next three years.

($1 = 0.8684 euros)

(Reporting by Jakob Van Calster in Gdansk, editing by Milla Nissi-Prussak)

((jakob.vancalster@thomsonreuters.com))