303:
678:
342:
34:
318:. Investors were expropriated as a result of the nationalization and originally, the Ministry of Finance did not want to provide any compensation at all, but in February 2021, after years of legal proceedings, a Dutch court ruled that the government must pay 804 million euros plus interest to them.
321:
In
September 2016 it was announced that SNS Bank would be called De Volksbank as of 1 January 2017. De Volksbank has a single banking permit and continues to operate under multiple brand names, including SNS Bank,
1218:
666:
302:
980:
950:
133:
965:
1068:
1083:
1078:
860:
784:
188:
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.
291:
The holding company was listed on the
Euronext stock exchange in Amsterdam on 18 May 2006. On 4 December 2006 it was announced that SNS REAAL would purchase
223:. 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
1088:
1073:
870:
644:
610:
1121:
380:
789:
659:
1213:
875:
1058:
754:
554:
257:
The second half of the 20th century saw a big consolidation of spaarbanks in the
Netherlands. Some joined SBS Bank, while others joined VSB (
1162:
652:
327:
1053:
1063:
992:
819:
1043:
700:
440:
1048:
1022:
1017:
970:
419:
674:
1208:
1203:
1184:
314:
On 1 February 2013 SNS Bank and its parent SNS REAAL were nationalized by the Dutch government to save it from
578:
603:
172:
offering financial products to both companies and individuals. Prior to a 2017 restructuring, it was called
558:
192:
985:
799:
384:
138:
880:
769:
492:
461:
20:
184:
in 1997 when the holding company bought the insurance company Reaal. The bank and its parent were
405:
227:
to individuals who would otherwise not have the ability to buy their own house, much like the
196:
191:
De
Volksbank has been designated as a Significant Institution since the entry into force of
845:
764:
420:"The list of significant supervised entities and the list of less significant institutions"
8:
885:
307:
840:
682:
525:
1002:
955:
315:
1147:
270:
228:
1131:
1007:
945:
273:. In 1990, following several more mergers, SNS Bank N.V. and its holding company
251:
850:
794:
258:
212:
128:
62:
1197:
1167:
930:
809:
824:
347:
208:
855:
686:
169:
66:
555:"Staat moet SNS-beleggers 804 miljoen betalen om nationalisatie in 2013"
1027:
975:
177:
95:
935:
804:
723:
533:
355:
283:
224:
207:
The history of the bank goes back to 1817 when the first
Netherlands
181:
84:
33:
1152:
1116:
1111:
997:
925:
814:
759:
749:
728:
323:
296:
1012:
310:
reveal the new logo at the
Utrecht headquarters (September 2016).
920:
639:
282:
In 1997, SNS Groep N.V. and insurer REAAL Group N.V. merged into
195:
in late 2014, and as a consequence is directly supervised by the
185:
79:
44:
1126:
960:
940:
910:
865:
1157:
915:
905:
774:
107:
1219:
Banks under direct supervision of the
European Central Bank
779:
634:
234:
In 1987 a merger with several regional banks, including
306:
CEO Maurice
Oostendorp and Dutch minister of Finance
337:
250:(English: "Co-operating Dutch savings banks"). The
1195:
660:
19:For other banks with the name Volksbank, see
493:"Tree structure of SNS history (1817-1999)"
153:
667:
653:
32:
526:"Geschiedenis Stichting Beheer SNS REAAL"
301:
701:Financial history of the Dutch Republic
579:"SNS Bank gaat verder als de Volksbank"
1214:1817 establishments in the Netherlands
1196:
648:
604:"Even voorstellen: de Volksbank N.V."
375:
373:
371:
248:Samenwerkende Nederlandse Spaarbanken
834:Private banks & asset management
520:
518:
516:
487:
485:
13:
368:
14:
1230:
628:
513:
482:
1185:List of banks in the Netherlands
676:
406:"Major Banks in the Netherlands"
340:
613:from the original on 2016-10-01
596:
571:
547:
454:
433:
412:
398:
381:"SNS Bank - Voor journalisten"
269:), which later became part of
254:was called Sanes Holding N.V.
1:
585:(in Dutch). 27 September 2016
441:"List of supervised entities"
361:
246:. SNS is an abbreviation for
559:Nederlandse Omroep Stichting
462:"History of SNS (1817-1999)"
193:European Banking Supervision
180:. It became a subsidiary of
7:
800:Nederlandse Waterschapsbank
333:
236:Gelders-Utrechtse Spaarbank
10:
1235:
881:Theodoor Gilissen Bankiers
770:Bank Nederlandse Gemeenten
202:
176:, which remains its major
18:
1209:Banks established in 1817
1182:
1140:
1104:
1097:
1036:
898:
833:
742:
716:
709:
693:
266:
127:
117:
105:
93:
72:
58:
50:
40:
31:
1204:Banks of the Netherlands
981:Klaverblad Verzekeringen
609:(in Dutch). 2016-10-01.
134:NL Financial Investments
966:De Goudse Verzekeringen
16:Bank in the Netherlands
1069:ONVZ Zorgverzekeringen
861:Oyens & van Eeghen
500:SNS Historical Archive
469:SNS Historical Archive
311:
262:
216:
1084:DSW Zorgverzekeringen
1079:Salland Verzekeringen
448:European Central Bank
427:European Central Bank
305:
219:) was established as
197:European Central Bank
846:Insinger de Beaufort
765:Amsterdam Trade Bank
640:De Volksbank Website
231:movement in the UK.
886:Van Lanschot Kempen
429:. 4 September 2014.
308:Jeroen Dijsselbloem
267:United Savings Bank
263:Verenigde Spaarbank
119:Number of employees
101:€116 million (2009)
28:
871:Schretlen & Co
683:Financial services
312:
240:Spaarbank Limburg,
26:
1191:
1190:
1178:
1177:
1089:Zorg en Zekerheid
1074:PNO Ziektenkosten
894:
893:
685:companies of the
530:beheersnsreaal.nl
450:. 1 January 2023.
163:The People's Bank
147:
146:
27:De Volksbank N.V.
1226:
1171:
1122:Bankgirocentrale
1102:
1101:
1098:Payment services
1037:Health insurance
989:
714:
713:
681:
680:
679:
669:
662:
655:
646:
645:
635:SNS Bank website
622:
621:
619:
618:
600:
594:
593:
591:
590:
575:
569:
568:
566:
565:
551:
545:
544:
542:
541:
522:
511:
510:
508:
507:
497:
489:
480:
479:
477:
476:
466:
458:
452:
451:
445:
437:
431:
430:
424:
416:
410:
409:
402:
396:
395:
393:
392:
383:. Archived from
377:
350:
345:
344:
343:
326:, BLG Wonen and
299:in a €50M deal.
268:
229:building society
167:
164:
161:
158:
155:
142:
110:
36:
29:
25:
1234:
1233:
1229:
1228:
1227:
1225:
1224:
1223:
1194:
1193:
1192:
1187:
1174:
1165:
1136:
1132:EquensWorldline
1093:
1032:
983:
946:Centraal Beheer
890:
851:Kempen & Co
829:
738:
705:
689:
677:
675:
673:
631:
626:
625:
616:
614:
602:
601:
597:
588:
586:
583:BNR Nieuwsradio
577:
576:
572:
563:
561:
553:
552:
548:
539:
537:
524:
523:
514:
505:
503:
495:
491:
490:
483:
474:
472:
464:
460:
459:
455:
443:
439:
438:
434:
422:
418:
417:
413:
404:
403:
399:
390:
388:
379:
378:
369:
364:
346:
341:
339:
336:
205:
165:
162:
159:
156:
136:
120:
106:
98:
89:
24:
17:
12:
11:
5:
1232:
1222:
1221:
1216:
1211:
1206:
1189:
1188:
1183:
1180:
1179:
1176:
1175:
1173:
1172:
1160:
1155:
1150:
1144:
1142:
1138:
1137:
1135:
1134:
1129:
1124:
1119:
1114:
1108:
1106:
1099:
1095:
1094:
1092:
1091:
1086:
1081:
1076:
1071:
1066:
1061:
1056:
1051:
1046:
1040:
1038:
1034:
1033:
1031:
1030:
1025:
1020:
1015:
1010:
1005:
1000:
995:
990:
978:
973:
968:
963:
958:
953:
948:
943:
938:
933:
928:
923:
918:
913:
908:
902:
900:
896:
895:
892:
891:
889:
888:
883:
878:
873:
868:
863:
858:
853:
848:
843:
837:
835:
831:
830:
828:
827:
822:
817:
812:
807:
802:
797:
795:Friesland Bank
792:
790:ELQ Hypotheken
787:
785:De Lage Landen
782:
777:
772:
767:
762:
757:
752:
746:
744:
740:
739:
737:
736:
731:
726:
720:
718:
711:
707:
706:
704:
703:
697:
695:
691:
690:
672:
671:
664:
657:
649:
643:
642:
637:
630:
629:External links
627:
624:
623:
595:
570:
546:
512:
481:
453:
432:
411:
397:
366:
365:
363:
360:
359:
358:
352:
351:
335:
332:
275:SNS Groep N.V.
204:
201:
145:
144:
131:
125:
124:
121:
118:
115:
114:
111:
103:
102:
99:
94:
91:
90:
88:
87:
82:
76:
74:
70:
69:
60:
56:
55:
52:
48:
47:
42:
38:
37:
15:
9:
6:
4:
3:
2:
1231:
1220:
1217:
1215:
1212:
1210:
1207:
1205:
1202:
1201:
1199:
1186:
1181:
1169:
1164:
1161:
1159:
1156:
1154:
1151:
1149:
1146:
1145:
1143:
1139:
1133:
1130:
1128:
1125:
1123:
1120:
1118:
1115:
1113:
1110:
1109:
1107:
1105:Organisations
1103:
1100:
1096:
1090:
1087:
1085:
1082:
1080:
1077:
1075:
1072:
1070:
1067:
1065:
1062:
1060:
1057:
1055:
1052:
1050:
1047:
1045:
1042:
1041:
1039:
1035:
1029:
1026:
1024:
1021:
1019:
1016:
1014:
1011:
1009:
1006:
1004:
1001:
999:
996:
994:
991:
987:
982:
979:
977:
974:
972:
969:
967:
964:
962:
959:
957:
954:
952:
949:
947:
944:
942:
939:
937:
936:AXA Nederland
934:
932:
931:ASR Nederland
929:
927:
924:
922:
919:
917:
914:
912:
909:
907:
904:
903:
901:
897:
887:
884:
882:
879:
877:
876:Staalbankiers
874:
872:
869:
867:
864:
862:
859:
857:
854:
852:
849:
847:
844:
842:
839:
838:
836:
832:
826:
823:
821:
818:
816:
813:
811:
808:
806:
803:
801:
798:
796:
793:
791:
788:
786:
783:
781:
778:
776:
773:
771:
768:
766:
763:
761:
758:
756:
753:
751:
748:
747:
745:
741:
735:
732:
730:
727:
725:
722:
721:
719:
717:Bancassurance
715:
712:
708:
702:
699:
698:
696:
692:
688:
684:
670:
665:
663:
658:
656:
651:
650:
647:
641:
638:
636:
633:
632:
612:
608:
605:
599:
584:
580:
574:
560:
556:
550:
535:
531:
527:
521:
519:
517:
501:
494:
488:
486:
470:
463:
457:
449:
442:
436:
428:
421:
415:
407:
401:
387:on 2010-12-30
386:
382:
376:
374:
372:
367:
357:
354:
353:
349:
338:
331:
329:
325:
319:
317:
309:
304:
300:
298:
294:
289:
288:
285:
280:
279:
276:
272:
264:
260:
255:
253:
249:
245:
241:
237:
232:
230:
226:
222:
221:Nutsspaarbank
218:
214:
210:
200:
198:
194:
189:
187:
183:
179:
175:
171:
168:) is a Dutch
151:
143:(state-owned)
140:
135:
132:
130:
126:
122:
116:
112:
109:
104:
100:
97:
92:
86:
83:
81:
78:
77:
75:
71:
68:
64:
61:
57:
53:
49:
46:
43:
39:
35:
30:
22:
1059:De Friesland
1028:Zwitserleven
951:Conservatrix
825:Triodos Bank
734:De Volksbank
733:
615:. Retrieved
606:
598:
587:. Retrieved
582:
573:
562:. Retrieved
557:(in Dutch).
549:
538:. Retrieved
536:. April 2009
529:
504:. Retrieved
502:. 2 May 2007
499:
473:. Retrieved
468:
456:
447:
435:
426:
414:
400:
389:. Retrieved
385:the original
348:Banks portal
320:
313:
292:
290:
287:
281:
278:
277:were formed.
274:
256:
247:
243:
239:
235:
233:
220:
209:savings bank
206:
190:
173:
150:De Volksbank
149:
148:
108:Total assets
59:Headquarters
1166: [
984: [
956:Delta Lloyd
856:MeesPierson
743:Other banks
687:Netherlands
265:, English:
170:retail bank
137: [
113:€80 billion
67:Netherlands
1198:Categories
1163:Acceptgiro
976:Interpolis
617:2020-01-05
607:snsbank.nl
589:2020-01-05
564:2020-02-11
540:2020-01-05
506:2020-01-04
475:2020-01-04
471:(in Dutch)
391:2010-11-29
362:References
178:brand name
96:Net income
899:Insurance
805:NIBC Bank
724:ING Group
534:SNS REAAL
356:SNS REAAL
328:RegioBank
293:RegioBank
284:SNS REAAL
225:mortgages
217:spaarbank
182:SNS Reaal
85:Insurance
21:Volksbank
1153:Chipknip
1141:Products
1117:Currence
1112:Interpay
1054:CZ Groep
998:NN Group
926:Atradius
815:SNS Bank
810:Postbank
760:ASN Bank
750:ABN Amro
729:Rabobank
611:Archived
334:See also
324:ASN Bank
297:ING Bank
244:SNS Bank
174:SNS Bank
73:Products
41:Industry
921:Allianz
694:History
316:default
252:holding
242:formed
203:History
186:rescued
157:
80:Banking
63:Utrecht
51:Founded
45:Banking
1127:BeaNet
1064:Menzis
993:Monuta
961:Eureko
941:Cardif
911:Achmea
866:Robeco
820:Sparck
271:Fortis
129:Parent
1170:]
1158:iDEAL
1044:Azivo
1013:Univé
988:]
916:Ageas
906:Aegon
775:Binck
710:Banks
496:(PDF)
465:(PDF)
444:(PDF)
423:(PDF)
295:from
259:Dutch
213:Dutch
141:]
1049:AZVZ
1023:VVAA
1018:Uvit
1003:Ohra
971:FBTO
780:Bunq
755:Alex
286:N.V.
154:lit.
123:3000
54:1817
1148:PIN
1008:TVM
841:APG
238:en
1200::
1168:nl
986:nl
581:.
532:.
528:.
515:^
498:.
484:^
467:.
446:.
425:.
370:^
330:.
261::
215::
199:.
139:nl
65:,
668:e
661:t
654:v
620:.
592:.
567:.
543:.
509:.
478:.
408:.
394:.
211:(
166:'
160:'
152:(
23:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.