Dutch Government Cuts ABN Amro Stake to 30% as Privatisation Programme Advances
ABN AMRO sign at branch, Bjoern Wylezich / Shutterstock.com.

The Dutch government has further reduced its stake in ABN Amro to approximately 30%, with NLFI (Stichting administratiekantoor beheer financiele instellingen) taking the stake below one-third, as announced on 20 May 2025, under the trading plan announced on 15 October 2024 as part of the long-running privatisation of the Amsterdam-based lender. The sell-down began with ABN Amro's 2015 IPO; the latest trading plan, announced in October 2024, aimed to cut the stake from 40.5% to about 30%.

NL Financial Investments, the vehicle through which the Dutch state manages its financial sector holdings, has been reducing its ABN Amro position in stages. The latest reduction brings the government's share to around 30%, down from the majority stake it held following the bank's nationalisation. ABN Amro was relisted on Euronext Amsterdam in 2015.

EXIT PLAN

NL Financial Investments has used pre-arranged trading plans for its most recent sales.

Below one-third, NLFI loses its prior-approval rights over share issuances and over large investments or divestments by the bank.