ABN AMRO's earnings declined for the first quarter, thanks to bad loans in offshore and other sectors.
The Europe-listed bank posted net income of EUR 595m ($712.6m), down from EUR 615m a year earlier.
Impairment charges on loans and other receivables skyrocketed 230% to EUR 208m, due to provisions for specialised loans in a "few specific sectors," the Amsterdam-based bank said.
