ABN Amro reports unexpected 14% increase in third quarter net profit By Reuters

© Reuters.

AMSTERDAM (Reuters) – Dutch bank ABN Amro on Wednesday reported an unexpected 14% increase in third-quarter net profit to 343 million euros ($ 396.3 million), as the economic recovery pushed the application for business loans and mortgages.

Analysts in a business survey predicted net profit would fall to $ 147 million on average, from $ 301 million a year ago.

($ 1 = € 0.8655)

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