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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 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. History The history of the bank goes back to 1817 when the first Netherlands savings bank ( nl, spaarbank) 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 funds to provide mortgages to individuals who would otherwise not have the ability to buy their own house, much like the building society movement in the UK. In 1987 a merger with several regional banks, including ''G ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking
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. Because 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 a ... [...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. Because 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of The Netherlands
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. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a Bank regulation, 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 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 concept ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ASN Bank
ASN Bank is a former 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 Postbank or Post bank may refer to: Postal savings systems (alphabetical by country) * Bulgarian Postbank, a Bulgarian retail bank * Chunghwa Post, a Taiwanese postal service that provides savings account services * Deutsche Postbank, a German reta ..., 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). ASN Bank has ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nederlandse Omroep Stichting
The Nederlandse Omroep Stichting (; NOS ; English: Dutch Broadcasting Foundation) is one of the broadcasting organisations making up the Netherlands 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 technical co-ordinator 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 in order to provide co-ordinated coverage of events in co-operation with the othe ... [...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. The biggest sovereign default is Greece, with $138 billion in March 2012. 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 meaning debtors are unable to pay their debts. * Bankruptcy: A legal finding tha ... [...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
The ING Group ( nl, ING Groep) 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$1.1 trillion, it is one of the biggest banks in the world, and consistently ranks among the top 30 largest banks globally. It is among the top ten largest European companies by revenue. ING is the Dutch member of the Inter-Alpha Group of Banks, a co-operative consortium of 11 prominent European banks. Since the creation in 2012, is a member in the list of global systemically important banks. 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 for the company as of December 2019 is €150 billion. ING is an abbreviation for ' (). The orange lion on ING ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fortis (finance)
Fortis, formally 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 Brussels, Euronext Amsterdam, and Luxembourg stock exchanges. Fortis encountered severe problems in the financial crisis of 2008, 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 nationalised by the Dutch government and merged in July 2010 with ABN AMRO's former Dutch operations, which had not yet been integrated with Fo ... [...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 securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding 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'' also refers to the term as ''parent holding company.'' 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 to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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