Dutch Finance Minister Jeroen Dijsselbloem on Sunday said the government will again consider an initial public offering of shares for ABN Amro after managers agreed to sacrifice a pay raise.

In remarks confirmed by spokeswoman Geertje Janssen, Dijsselbloem said he “welcomed” the decision by the managers to give up their pay increase.

On Friday, Dijsselbloem had postponed movement toward an IPO due to widespread disapproval of the pay increase for managers proposed by the company’s board.

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