Dutch lender ABN Amro has logged a reversal of impairments in the fourth quarter.

It said a strong domestic economy had allowed it to release EUR 34m ($41.71m) of loan loss provisions to 31 December, against a loss of EUR 35m in the same period of 2016.

Net profit jumped to EUR 542m, from EUR 333m previously.

CEO Kees van Dijkhuizen said the result was "solid."