ABN Amro to launch digital wealth management platform in Germany

Dutch bank ABN Amro has announced plans to move into the robo-advisory space by launching a digital wealth management platform in Germany, CEO Kees van Dijkhuizen announced during the presentation of the group’s Q3 results.

The move follows the launch of New10, a digital lender offering business loans between €20.000 and €1m, in September this year.

ABN Amro’s new project, called Prospery, is a digital platform offering clients online wealth and investment management services at a fixed flat rate.

ABOUT THE AUTHOR
Mona Dohle
Mona Dohle speaks German and Dutch, she is DACH & Benelux Correspondent for InvestmentEurope. Prior to that, she worked as a journalist in Egypt and Palestine. She started her career as a journalist working for a local German newspaper. Mona graduated with an MSc in Development Studies from SOAS and has completed the CISI Certificate in International Wealth and Investment Management.

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