Dutch banks ready for Greece financial problems
Dutch banks are ready for the expected financial turmoil in Greece this week. The country announced that banks would be closed on Monday to introduce capital controls, news agency Reuters reports. ABN Amro spokesperson Jeroen Maarschalkerweerd told Reuters that the bank is focusing on anticipating what may happen and advising the bank's clients. "Risk management is part of our business", he said. "Thinking about scenarios is what we do, and we are prepared. ING also told the news agency that they are well-prepared. During talks on Greece's financial crisis this weekend, the country's international creditors refused to extend the country's bailouts. This has led to Greek citizens queuing at banks to withdraw their savings. The Athens stock exchange will also be closed on Monday.