ABN AMRO : A stairway to haven; recommendations raised to ‘Buy’ on a strong credit operating in a solid economy
In uncertain times and volatile markets, we do not dare to promise investment heaven, but would suggest investors climbing a stairway to haven. A bank such as ABN AMRO with strong fundamentals, limited event risk and operating in a solid ‘core’ European economy with healthy prospects is an appealing investment call in our view in the current environment. Arguably, this comes with a price, and ABN AMRO’s debt instruments are not particularly cheap. While some flight to quality has...ABN Amro Bank NV is a bank based in the Netherlands. The Bank provides various financial products and services across a variety of channels, including its Mobile Banking app and Internet Banking. The Bank's product portfolio includes insurances, mortgages, savings, investments, loans and payments, among others. The Bank serves retail, private and corporate clients worldwide.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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