NIBC Bank announces intention for partial IPO

On March 2 NIBC Bank's (A-/A3/A) chairman of the managing board, Michael Enthoven, announced during the presentation of the bank's 2006 earnings that it is preparing for a listing of up to 49.9 per cent of its shares in Amsterdam. Timing for the launch of the IPO was not available at the time of going to press (March 20).