The Hague, 12 November 2025

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.

Press and debt investor contacts NIBC

About NIBC

NIBC is an entrepreneurial bank for individuals and companies. We offer savings products, mortgages for private housing to rental property, and finance commercial real estate and digital infrastructure. As a professional and reliable partner, we build long-term relationships based on knowledge and expertise.

Renowned for our entrepreneurial spirit, we are committed to always making a difference, for our clients and for society around us. Shaped by almost 80 years of experience, we support our clients in realising their ambitions and actively helping to build a sustainable, resilient and inclusive society for future generations.

NIBC employs around 600 people and is headquartered in The Hague, the Netherlands. We serve clients internationally with a focus on Europe.

You can read more about NIBC on www.nibc.com.

Disclaimer

This document contains information that qualifies as inside information with respect to NIBC Bank N.V. within the meaning of Article 7(1) of the Market Abuse Regulation.

This press release may include forward-looking statements. All statements other than statements of historical facts may be forward-looking statements. These forward-looking statements may be identified by the use of forward-looking terminology, including but not limited to terms such as guidance, expected, step up, announced, continued, incremental, on track, accelerating, ongoing, innovation, drives, growth, optimising, new, to develop, further, strengthening, implementing, well positioned, roll-out, expanding, improvements, promising, to offer, more, to be or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. The forward-looking statements included in this press release with respect to the business, results of operation and financial condition of NIBC Bank N.V. are subject to a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements, including but not limited to the following: changes in economic conditions in Western Europe, changes in credit spreads or interest rates, the results of  our strategy and investment policies and objectives. NIBC Bank N.V. undertakes no obligation to update or revise any forward-looking statement to reflect events or circumstances that may arise after the date of this release.