Return on equity (ROE) of ABN AMRO Group 2013-2020
The return on equity (ROE) of ABN AMRO Group fluctuated considerably between 2013 and 2020. In 2020, the ABN AMRO Group reached a ROE of negative 0.8 percent. This was a decrease when compared to the previous year. This indicates the profitability of ABN AMRO decreased between 2019 and 2020.
Banking is an important service industry in the Netherlands, being responsible for the funding of both international as well as domestic trade. Dutch banking has two important characteristics. Firstly, only a few large institutions dominate its financial markets. In 2018, for example, the five largest Dutch credit institutions, which includes ING, Rabobank and ABN AMRO, held approximately 85 percent of the total assets. Secondly, the Dutch banking sector is one of the most concentrated in Europe.
In the period between 2007 and 2018, the total number of banks in the Netherlands decreased from 99 banks in 2007 to 50 banks in 2016. In this period of time, the size of the banking sector as a whole in the Netherlands decreased. The total number of bank offices, for example, reached a total number of approximately 3,400 in 2008. In 2019, this was less than 1,300.
Banking is an important service industry in the Netherlands, being responsible for the funding of both international as well as domestic trade. Dutch banking has two important characteristics. Firstly, only a few large institutions dominate its financial markets. In 2018, for example, the five largest Dutch credit institutions, which includes ING, Rabobank and ABN AMRO, held approximately 85 percent of the total assets. Secondly, the Dutch banking sector is one of the most concentrated in Europe.
In the period between 2007 and 2018, the total number of banks in the Netherlands decreased from 99 banks in 2007 to 50 banks in 2016. In this period of time, the size of the banking sector as a whole in the Netherlands decreased. The total number of bank offices, for example, reached a total number of approximately 3,400 in 2008. In 2019, this was less than 1,300.
