Rijkman Groenink, the CEO of ABN Amro, says the bids are being weighed.

A consortium of banks led by the Royal Bank of Scotland made a $96 billion bid for the company. Also, Barclays made a bid for the company that is valued at $64 billion. But Groenink says it is "too early to judge" which bid is "better."

"We are looking closely at the consortium's proposed offer and figuring out what the implications would be," says Groenink. Meanwhile, Dutch courts are deciding whether ABN Amro needs shareholder approval to go forward with a deal.

ABN Amro Holding NV Chief Executive Officer Rijkman Groenink told employees it is "too early to judge" which of two competing offers for the bank is "better."

Royal Bank of Scotland Group Plc, Santander Central Hispano SA and Fortis offered 71 billion euros ($96 billion) on May 29 for the biggest Dutch bank. A month earlier, ABN Amro backed an agreement with Barclays Plc now valued at about 64 billion euros.

(Continue reading this story on Bloomberg)

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