Rijkman Groenink
Rijkman Groenink
Rijkman Willem Johan Groeninkis a Dutch banker. He is best known as the CEO of the Dutch bank ABN AMRO at the time that the bank was sold to a consortium of banks. The consortium was led by the Royal Bank of Scotland, Fortis and Banco Santander in 2007...
challenge conditions equal prevail profits record rest
Should these conditions prevail in the rest of this year, it will be a challenge to equal the record profits of 2000.
conditions continue current expect market year
We expect current market conditions to continue for the remainder of the year and, indeed, into the new year.
aspect conditions current economic increased level market quarter
An undesirable aspect of the current economic and market conditions is the level of provisioning. Provisioning has increased this quarter again.
faster
We can't go any faster than we are going right now.
achieved benefits client commercial consumer continuing driven focus growth local organic reflects relationships results strong
We achieved strong results during the year, driven by strong organic growth in all our consumer and commercial client businesses. This organic growth reflects the benefits of continuing focus on the strong local relationships we have with our mid-market clients.
change corporate focus implies major systematic value
This systematic focus on maximizing shareholder value implies a major top-down change in the bank's corporate culture,
china
At this stage, an acquisition in China is not on our short-list.
difficult economic given predict year
Given the economic uncertainties, it is difficult to predict how the remainder of the year will transpire,
compliance further highest improving priority
Further improving our compliance is the highest priority of the bank.
announced bank coming focus further future increase managerial revised sound strategy structure
These are sound results, but we know we can do even better in the future, ... The revised strategy and new structure for the bank that we announced at the end of May will give us the focus and managerial accountability we need to further increase profitability in the coming years.
banking boom branch cash changing due electronic euro partly reduction role
The boom in electronic banking and the reduction in cash transactions - partly due to the introduction of the euro - are changing the role of the branch network,
legal procedures safely
You can safely take that any legal procedures will be stopped.
client commercial consumer good growth months nine north organic performance strong year
The group's performance in the first nine months of the year was good and was underpinned by strong organic growth of our consumer and commercial client revenues in our mid-market franchises in Brazil, North America, the Netherlands and Asia,