ABN Amro has reported a net net profit of € 200 m , down 32 % YoY , due to increasing regulatory costs , including a new tax and contributions made to national funds for closing down banks and insuring deposits ; these measures accounted for a € 220 m increase in the quarter , up from € 200 m a year ago . Net income declined to 272 million euros ($304 million), compared with 400 million euros ($445.2 million) a year ago. However , underlying net profit increased by 24 % overall , to € ##500 .
ABN Amro has reported a net net profit of € 200 m , down 32 % YoY , due to increasing regulatory costs , including a new tax and contributions made to national funds for closing down banks and insuring deposits ; these measures accounted for a € 220 m increase in the quarter , up from € 200 m a year ago . However , underlying net profit increased by 24 % overall , to € ##500 .