ABN AMRO to acquire 100% of NIBC shares

• ABN AMRO to acquire 100% of the shares in NIBC from Blackstone, subject to regulatory approvals and works council consultation processes;
• With ABN AMRO, NIBC is joining forces with a strong player in the Dutch market; and
• This combines NIBC's well recognised client proposition and networks with the scale and strength of ABN AMRO, thereby expanding the client offering.

Today, NIBC announces that its shareholder Blackstone has agreed to sell 100% of its shares in NIBC to ABN AMRO. The transaction marks an important milestone in NIBC’s development and provides a strong platform for its next phase of growth. Completion of the transaction is expected in the second half of 2026.

The combination of NIBC and ABN AMRO will strengthen the banks’ joint position in the Dutch retail market. With a natural fit of strategies, cultures and mindset, ABN AMRO is a natural long-term owner for NIBC. Over the past year, NIBC has sharpened its strategic focus and further de-risked its balance sheet, notably through the sale of its shipping franchise and the transfer of ownership of the platform activities Beequip and yesqar.

These steps have shaped NIBC as a focused and entrepreneurial bank, positioned for enhanced commercial success together with ABN AMRO.

Statement of the CEO, Nick Jue:

“Today marks an important moment in our long history. We are proud of what we have achieved since our inception 80 years ago together with our clients, partners and colleagues. We now look forward to entering a new phase under ABN AMRO’s ownership and are confident that this will provide us with a strong platform for our further development. In a consolidating European market, becoming part of ABN AMRO will give us the scale and capabilities to reinforce our offering to clients. Our focus remains on continuity and serving our clients with the same dedication and entrepreneurial spirit that defines NIBC. I would like to sincerely thank Blackstone for its support and partnership over the past years.”

Marguerite Bérard, CEO of ABN AMRO, commented:

“We are delighted to welcome NIBC and its employees to ABN AMRO. NIBC’s entrepreneurial mindset, expertise, culture and client relationships are a strong fit with our strategy and values. NIBC’s customers will become part of a large and solid bank, ABN AMRO, that always aims to give the best service possible. NIBC’s team and clients can count on getting the help and support they need, now and in the future.”

Qasim Abbas, Head of Tactical Opportunities International at Blackstone, said:

“Working closely with the management team and supervisory board, we are proud to have joined NIBC on this journey in creating a stronger, more resilient bank and wish the team every success moving forward.”

Next steps

Completion of the transaction is subject to receipt of the required regulatory approvals and works council consultation processes within ABN AMRO and NIBC and is expected in the second half of 2026. Until completion, NIBC and ABN AMRO will continue to operate as separate entities.

Please click here for the press release of ABN AMRO. 

For our full press release, please refer to the Download below.