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SNS Bank
De Volksbank (, ) is a Dutch retail bank offering financial products to both companies and individuals. Prior to a 2017 restructuring, it was called SNS Bank, which remains its major brand name. It became a subsidiary of SNS Reaal in 1997 when the holding company bought the insurance company Reaal. The bank and its parent were Bailout, rescued by the Dutch government in 2013 and have been state owned since then. In 2016, SNS Bank was the fourth-largest bank in the Netherlands in terms of total assets. De Volksbank has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank. History The history of the bank goes back to 1817, when the first savings bank () in the Netherlands was established as Nutsspaarbank. The saving bank movement was part of a campaign to encourage individual citizens to save for their future. The savings banks used these fund ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share capital, stock of other companies to create a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding Share capital, stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' uses the term ''parent holding company''. Holding companies can be subsidiaries in a Subsidiary#Tiered subsidiaries, tiered structure. Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1817
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancien ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of The Netherlands
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ASN Bank
ASN Bank is a Dutch bank, now a brand name for some consumer banking operations by de Volksbank. ASN focusses on socially responsible and sustainable investments. ASN Bank was founded on May 1, 1960, by the union of ''Federatie Nederlandse Vakbeweging (Federation Dutch Labour Union)'' ( FNV) and the insurance company de Centrale (now Reaal insurances). Until the 1990s it was possible to open an ASN savings account through the Postbank, which were known as 'vakbondsspaarrekeningen' (union savings accounts). ASN Bank is currently the second largest sustainability-driven bank in the Netherlands, and was elected as the second most climate-friendly bank in the Netherlands (in both instances behind Triodos Bank Triodos Bank N.V. is an ethical bank based in the Netherlands with branches in Belgium, Germany, United Kingdom, and Spain. It was founded in 1980. History The name Triodos is derived from the Greek "τρὶ- (tri, three) and ὁδος (hod ...). ASN Bank has experi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nederlandse Omroep Stichting
The (; NOS or rarely ; ) is one of the broadcasting organisations making up the Dutch public broadcasting system. It has a special statutory obligation to make news and sports programmes for the three Dutch public television channels and the Dutch public radio services. It is funded by the Dutch government. The foundation's remit derives from the Dutch Media Act 2008, which stipulates that the NOS produce regular and frequent programming of a public service nature, including, notably, a full and impartial news service and coverage of parliamentary procedures and debates, as well as reporting on sporting and other national events. The NOS also acts as a technical coordinator for the Dutch public broadcasting system as a whole. In the event of emergencies and/or the breaking of a major news story, it can assume control of the public networks to provide coordinated coverage of events in cooperation with the other members of the systems. The NOS has correspondents in multiple cou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Default (finance)
In finance, default is failure to meet the legal obligations (or conditions) of a loan, for example when a home buyer fails to make a mortgage payment, or when a corporation or government fails to pay a bond which has reached maturity. A national or sovereign default is the failure or refusal of a government to repay its national debt. The biggest private default in history is Lehman Brothers, with over $600 billion when it filed for bankruptcy in 2008 (equivalent to over $ billion in ). The biggest sovereign default is Greece, with $138 billion in March 2012 (equivalent to $ billion in ). Distinction from insolvency, illiquidity and bankruptcy The term "default" should be distinguished from the terms "insolvency", illiquidity and "bankruptcy": * Default: Debtors have been passed behind the payment deadline on a debt whose payment was due. * Illiquidity: Debtors have insufficient cash (or other "liquefiable" assets) to pay debts. * Insolvency: A legal term meani ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jeroen Dijsselbloem (minister Van Financiën) En Maurice Oostendorp (ceo Van De Volksbank) Bekijken Het Nieuwe Logo
Jeroen René Victor Anton Dijsselbloem (; born 29 March 1966) is a Dutch politician and economist serving as Mayor of Eindhoven since 13 September 2022, succeeding John Jorritsma (VVD). A member of the Labour Party (PvdA), he has also been Chairman of the supervisory board of Wageningen University since 1 April 2019. Dijsselbloem was Minister of Finance in the Second Rutte cabinet, serving from 5 November 2012 to 26 October 2017. He also served as President of the Eurogroup from 21 January 2013 to 12 January 2018 and President of the Board of Governors of the European Stability Mechanism (ESM) from 11 February 2013 until 12 January 2018. He was successively Chairman of the Dutch Safety Board from 1 May 2019 to September 2022. Early life and education Jeroen René Victor Anton Dijsselbloem was born on 29 March 1966 in Eindhoven, Netherlands. His parents were both schoolteachers. He was raised as a Roman Catholic. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ING Bank
ING Group N.V. () is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, wholesale banking, private banking, asset management, and insurance services. With total assets of US$967.8 billion, it is one of the biggest banks in the world, and consistently ranks among the largest banks globally. ING is the Dutch member of the Inter-Alpha Group of Banks, a co-operative consortium of 11 prominent European banks. Since in 2012, ING Bank is a member in the list of global systemically important banks. It has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank. In 2020, ING had 53.2 million clients in more than 40 countries. The company is a component of the Euro Stoxx 50 stock market index. The long-term debt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fortis (finance)
Fortis N.V./S.A., was a Benelux-centered global financial services group active in insurance, banking and investment management, initially formed in 1990 by a three-way Belgian-Dutch merger and headquartered in Brussels. It grew rapidly through multiple acquisitions, and in 2007 was the 20th largest financial services business in the world by revenue. It was listed on the Euronext, Euronext Brussels, Euronext, Euronext Amsterdam, and Luxembourg Stock Exchange, Luxembourg stock exchanges. Fortis encountered severe problems in the 2008 financial crisis, not least as a consequence of participating in 2007 in the joint acquisition of ABN AMRO together with Royal Bank of Scotland Group and Banco Santander. It received an emergency bailout from the governments of Belgium and the Netherlands and was broken up soon thereafter. As a consequence: * Fortis Bank Nederland was nationalisation, nationalised by the Dutch government and merged in July 2010 with ABN AMRO's former Dutch operation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SNS REAAL
SNS REAAL was a Dutch financial institution in insurance and banking which focused on the private market and small to medium businesses. It became a government-owned corporation after its nationalisation in 2013 and in 2017 . The services to private and corporate clients are mainly from SNS Bank and insurance brand ''REAAL''. SNS Bank served its customers through its own stores, independent intermediaries, internet, and telephone. REAAL sold its products and services exclusively through independent brokers. the company had assets amounting to €132 billion, with about 7,000 full-time equivalent employees. IPO SNS was listed on the Euronext Amsterdam from 18 May 2006 until 31 January 2013. The "Foundation SNS REAAL" sold part of its stake in the company, its share decreased from 100% to 65.5%. The sale resulted in proceeds of approximately €950 million. At the flotation, SNS REAAL also gave out about 25 million new shares, this yielded €415 million. The shares were placed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
