ABN AMRO to sell Alfam to Rabobank

Core Insights - ABN AMRO has agreed to sell its personal loan subsidiary Alfam to Rabobank, while continuing to offer personal loans through a third-party arrangement with Rabobank [1][2] Company Summary - The personal loans market is highly competitive, making scale increasingly important; the partnership with Rabobank is expected to enhance service quality for clients [2] - The transaction is projected to positively impact ABN AMRO's CET1 capital ratio by approximately 5 basis points, with an estimated reduction of €1.2 billion in risk-weighted assets (RWA) and an anticipated book loss of around €100 million [3] - The closing of the transaction is expected in Q3 2026, pending regulatory approvals and works council consultation [3]