Friday, March 27, 2015

Dijsselbloem sets IPO ABN AMRO Bank out because of unrest – Elsevier

                 LauraVanDijk
                         due to
                             Laura van Dijk
                         
                     

                 
 
                 

                 The salary increases of the ABN AMRO summit last week led to much unrest that Finance Minister Jeroen Dijsselbloem (PvdA) has decided to postpone the IPO of the state bank.
             

The House responded angrily to the salary increases and proposed parliamentary questions.

Dijsselbloem now let the House know that the sale of the state bank is postponed in light of the indignant reactions and asked parliamentary questions. Earlier it seemed that the bank after the summer to the fair would go, but in recent weeks lead too many things around the ABN AMRO deflect attention, says the minister.

He first wants the House to debate . There is the need rest around the bank, which is now missing, according Dijsselbloem.



Starting signal

A spokesman for ABN AMRO responded that the choice entirely to the minister is. “That’s him. We await further. ” According to the spokesman, the bank is ready for privatization, but Dijsselbloem is the one to give the starting signal. “The minister is in the Lead . If he says that we go, we go. Otherwise not. “

   Dijsselbloem spoke last week outraged about the salary increases. “I think this is the wrong signal. At a time when banks are engaged in recovery, in which there is a lot of restructuring and loss of jobs in this sector, this is poorly understood. It’s me and many like a bone in the throat. “



Burn

According to MP Pieter Omtzigt (CDA) must after this drastic decision soon get clarification. “The CDA wants immediate response from the Minister to the parliamentary questions.

MP Arnold Merkies (SP) agrees with the decision of the minister:” I think it’s good that there is now no decision is pushed, while there are still so many questions about the irresponsible behavior of the top of ABN. The board and the supervisory board do not seem to realize what social role of the bank.



Mirror

“I just do not know what the consequences are this delay. What is the timeframe that the minister now has in mind for the IPO? from D66 MP Wouter Koolmees worries. Marquis also hopes that no adjustment is postponed.

Trade union CNV is very happy that their concerns about the salary increases are taken seriously. “We called him last week when the news came out, to look in the mirror. And he does. This is a strong signal to the top of the bank. I hope they listen to it. They should now consider to reverse the salary increases “

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