Smooth IPO of ABN Amro is still not in, even though political parties happy with the “sensible” decision from the top of ABN Amro to abandon a hotly contested salary increase. More is needed according to the House for the IPO, which was postponed last week, pulling back on track. D66 and CDA to first clarify the malpractice at a branch in Dubai and a critical DNB report on control systems at the bank, which the FD reported Saturday. Government Party PvdA even imposes additional requirements on the IPO. The party wants a heavy protection structure and a social status

Labour MP Henk Nijboer
Dutch Height
After criticism of its own employees, customers and politicians made the board of ABN Amro announced Sunday afternoon to return the salary increase of € 100,000. That was their previously granted by the Supervisory Board as of early this year. When it recently became known through the annual report, responded MPs and society as if stung by a wasp. The resulting turmoil was Minister Jeroen Dijsselbloem (PvdA) of Finance Friday surprised many reason to postpone the decision on the IPO. The minister said not too happy with the salary increase, but can do nothing about it.

Minister Jeroen Dijsselbloem: “The government will reconsider the start of the planned IPO”
The bank directors propose” that now is our reward for discussion and future of ABN Amro below threatens to suffer, as we always banking and general interest to let go. We waive the conversion. Finance Minister Dijsselbloem welcomes the decision of the bank. After consultation with the House on the issue will “reconsider the start of the planned IPO ‘the Cabinet, he writes.
According to the minister delivers banktop ‘now a major contribution to the restoration of peace and confidence around the bank. The good results of ABN Amro achieved thanks to the efforts of the employees and directors of the bank, can now receive the attention and appreciation they deserve “
The PvdA the genuflection enough, though she calls the gesture ‘reasonable and necessary’. It wants ABN Amro in its Statutes that she ”s service to society. ” Also demands MP Henk Nijboer ‘good protection structure to ensure that the bank “not again fall prey to hedge fund locusts.”

Aukje de Vries
Dutch Height
VVD MP Aukje de Vries will now Minister Dijsselbloem know what path he has in mind for the IPO. “This salary increase was bad to explain,” she says. CDA MP Pieter Omtzigt want to know if the banktop still want a raise. Together with D66 wants he clarification on a number of integrity issues such as the issue of Dubai and the DNB report on how the bank deals with corruption risks.
” Better late than never, “responds SP MP Arnold Merkies. “It is of course good that they heed the call from society, ‘says Merkies. For his party, the genuflection of banktop not change their views on the proposed IPO. According to the SP, ABN Amro ‘function fine in government hands.

SP MP Arnold Merkies
Dutch Height
D66 MP Wouter Koolmees calls it a good decision banktop. “The bank only operates in a legal but also in a social context.” About the IPO, he says: “In the banking sector should be sufficient and fair competition. D66 looks like ABN Amro does not remain in government hands.
Green MP Jesse Klaver the decision mentions a good step. However, he wonders “whether the banktop does this to prevent further damage to reputation or because they’re well aware that they were wrong.”
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