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RNS Number : 2166H NIBC Bank N.V. 12 November 2025
The Hague, 12 November 2025
ABN AMRO to acquire 100% of NIBC shares
§ ABN AMRO to acquire 100% of the shares in NIBC from Blackstone, subject to
regulatory approvals and works council consultation processes;
§ With ABN AMRO, NIBC is joining forces with a strong player in the Dutch
market; and
§ This combines NIBC's well recognised client proposition and networks with
the scale and strength of ABN AMRO, thereby expanding the client offering.
Today, NIBC announces that its shareholder Blackstone has agreed to sell 100%
of its shares in NIBC to ABN AMRO. The transaction marks an important
milestone in NIBC's development and provides a strong platform for its next
phase of growth. Completion of the transaction is expected in the second half
of 2026.
The combination of NIBC and ABN AMRO will strengthen the banks' joint position
in the Dutch retail market. With a natural fit of strategies, cultures and
mindset, ABN AMRO is a natural long-term owner for NIBC. Over the past year,
NIBC has sharpened its strategic focus and further de-risked its balance
sheet, notably through the sale of its shipping franchise and the transfer of
ownership of the platform activities Beequip and yesqar.
These steps have shaped NIBC as a focused and entrepreneurial bank, positioned
for enhanced commercial success together with ABN AMRO.
Statement of the CEO, Nick Jue: "Today marks an important moment in our long
history. We are proud of what we have achieved since our inception 80 years
ago together with our clients, partners and colleagues. We now look forward to
entering a new phase under ABN AMRO's ownership and are confident that this
will provide us with a strong platform for our further development. In a
consolidating European market, becoming part of ABN AMRO will give us the
scale and capabilities to reinforce our offering to clients. Our focus remains
on continuity and serving our clients with the same dedication and
entrepreneurial spirit that defines NIBC. I would like to sincerely thank
Blackstone for its support and partnership over the past years."
Marguerite Bérard, CEO of ABN AMRO, commented: "We are delighted to welcome
NIBC and its employees to ABN AMRO. NIBC's entrepreneurial mindset, expertise,
culture and client relationships are a strong fit with our strategy and
values. NIBC's customers will become part of a large and solid bank, ABN
AMRO, that always aims to give the best service possible. NIBC's team and
clients can count on getting the help and support they need, now and in the
future."
Qasim Abbas, Head of Tactical Opportunities International at Blackstone, said:
"Working closely with the management team and supervisory board, we are proud
to have joined NIBC on this journey in creating a stronger, more resilient
bank and wish the team every success moving forward."
Next steps
Completion of the transaction is subject to receipt of the required regulatory
approvals and works council consultation processes within ABN AMRO and NIBC
and is expected in the second half of 2026. Until completion, NIBC and ABN
AMRO will continue to operate as separate entities.
Please click here
(https://www.abnamro.com/en/overview/news?startingIndex=0&limit=10) for
the press release of ABN AMRO.
Press and debt investor contacts NIBC
Eveline van Wesemael
Press Relations
T: +31 70 342 5412
E: eveline.van.wesemael@nibc.com (mailto:eveline.van.wesemael@nibc.com)
Toine Teulings
Debt Investor Relations
T: +31 70 342 9836
E: toine.teulings@nibc.com (mailto:toine.teulings@nibc.com)
About NIBC
NIBC is an entrepreneurial bank for individuals and companies. We offer
savings products, mortgages for private housing to rental property, and
finance commercial real estate and digital infrastructure. As a professional
and reliable partner, we build long-term relationships based on knowledge and
expertise.
Renowned for our entrepreneurial spirit, we are committed to always making a
difference, for our clients and for society around us. Shaped by almost 80
years of experience, we support our clients in realising their ambitions and
actively helping to build a sustainable, resilient and inclusive society for
future generations.
NIBC employs around 600 people and is headquartered in The Hague, the
Netherlands. We serve clients internationally with a focus on Europe.
You can read more about NIBC on www.nibc.com.
Disclaimer
This document contains information that qualifies as inside information with
respect to NIBC Bank N.V. within the meaning of Article 7(1) of the Market
Abuse Regulation.
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intentions. The forward-looking statements included in this press release with
respect to the business, results of operation and financial condition of NIBC
Bank N.V. are subject to a number of risks and uncertainties that could cause
actual results to differ materially from such forward-looking statements,
including but not limited to the following: changes in economic conditions in
Western Europe, changes in credit spreads or interest rates, the results of
our strategy and investment policies and objectives. NIBC Bank N.V. undertakes
no obligation to update or revise any forward-looking statement to reflect
events or circumstances that may arise after the date of this release.
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