ABN AMRO has finalized a €960 million acquisition of Blackstone-owned NIBC Bank to strengthen its position in the Dutch retail and mortgage banking market.

Target Information

ABN AMRO has announced a €960 million acquisition of NIBC Bank, a financial institution currently owned by Blackstone. This strategic move aims to enhance ABN AMRO’s influence and operational capacity within the Dutch retail and mortgage banking sectors. The acquisition is based on a valuation of 0.85 times NIBC’s book value and is expected to be finalized in the latter half of 2026, subject to the necessary regulatory approvals and consultations with works councils.

NIBC Bank, founded in 1945, is primarily active in the Netherlands, with a client base that includes approximately 325,000 savings clients, 200,000 mortgage clients, and 175 corporate customers. The bank’s key areas of focus include mortgage lending, savings products, commercial real estate financing, and digital infrastructure investment.

Industry Overview

The Dutch banking industry has undergone substantial changes in recent years, influenced by evolving regulatory frameworks and a more competitive landscape. The growth trajectory is driven by increased demand for mort

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ABN AMRO

invested in

NIBC Bank

in 2026

in a Buyout deal

Disclosed details

Transaction Size: $1,020M

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