ABN Amro CEO Rijkman Groenik told the Dutch newspaper NRC Handelsblad that an unspecified number of other investors have purchased one per cent stakes in the company gives a clear signal that TCI's plan has significant support.
However, since TCI, who own a one per cent stake in ABN Amro, proposed the break-up, the Dutch Central Bank, who have the legal right to deny permission to hedge funds wishing to buy over ten per cent of a Dutch bank, has expressed disquiet over the scheme.
Commenting on the developments, Nout Wellink, the chairman of the Dutch Central Bank, told NRC Handelsblad that: "TCI's letter implies, 'you work out what you are going to sell, but send the proceeds to us'. For us, that is a bridge too far."
TCI's moves to break up ABN follow their winning campaign to prevent a takeover of the London Stock Exchange by Deutsche Boerse in 2005.
As yet ABN Amro have not responded to TCI's overtures.