The Dutch government on Tuesday said it will reduce its stake in lender ABN Amro by a quarter to 30% through a trading plan.
Shares of the Dutch bank traded 1.2% lower at the market open and was last down 0.6% as of 9:15 a.m. London time.
The lender came into state ownership "to ensure the stability of the financial system and not as an investment to make a return," the Finance Minister Eelco Heinen said in a letter to parliament, reiterating previous statements on the government's intentions.
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