de Volksbank NV
The first savings bank in the Netherlands was SNS Bank, which opened its doors in 1817. Samenwerkende Nederlandse Spaarbanken, or "Co-operating Dutch Savings banks," is what "SNS" stands for. The bank's primary business offers domestic businesses and individuals savings, mortgage, and payment solutions.
To emphasize that SNS Bank is a dependable bank offering straightforward, practical, and inexpensive goods and accepting responsibility, the bank has been doing business as "de Volksbank" as of January 1, 2017. Since January 1, 2017, ASN Bank, Regio Bank, SNS Bank, BGL Wonen Bank, and Zwitserleven have all operated under the de Volksbank's single banking license.
Services
- retail banking
- business banking
Area Served
- Netherlands
Products
- current accounts
- savings accounts (0.80 - 0.90 %)
- time deposit accounts (0.90 - 1.70 %)
- credit cards
- consumer loans
- car loans (7.70 - 7.70 %)
- mortgage loans
Regarding total assets, de Volksbank NV is the sixth-largest bank in the Netherlands. Its total assets in 2022 were 73 155,00 million EUR. The bank's net income in 2022 was 191,000 million EUR.
Fitch and Moody's have assigned ratings to de Volksbank NV. Fitch has granted the bank an A- (excellent credit quality) long-term credit rating. Moody's granted the bank an Aa3 (high quality) long-term credit rating. The Volksbank NV is a member of the Dutch deposit guarantee scheme. This scheme applies to deposits of up to 100,000 EUR per bank and depositor.
Founded: 1817
Headquarters: Utrecht, Netherlands
Website: https://www.devolksbank.nl/
