Rabo: limit market share ABN Amro
Rabobank wants the government to limit the market share of the ABN Amro and Fortis banks in the Netherlands now that they have been nationalised, reports Tuesday’s Het Financieele Dagblad.
‘Parties with state support should not be allowed to strengthen their positions at the cost of banks which do not receive such aid,’ Bert Heemskerk, chairman of Rabo, was quoted as saying.
In particular, Rabo, a cooperative bank, wants limits set on Fortis’ and ABN Amro’s share of the mortgage and savings markets.
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