SNS REAAL

SNS REAAL was a Dutch insurance and banking company that catered to the individual market and small- to medium-sized businesses. After being nationalized in 2013 and 2017, it became owned by the government. SNS Bank and the insurance company provide the majority of the services to individual and business clients. SNS Bank provided client service via its own retail locations, unaffiliated middlemen, the internet, and the telephone. Exclusively using independent brokers, REAAL offered its goods and services for sale. Around 7,000 full-time equivalent employees and €132 billion in assets were the company's total assets as of 2011.

From May 18, 2006, through January 31, 2013, SNS was listed on Euronext Amsterdam. The "Foundation SNS REAAL" reduced its ownership of the business from 100% to 65.5% by selling a portion of its shareholding. The sale brought in about €950 million in revenue. SNS REAAL also distributed roughly 25 million additional shares during the flotation, generating a profit of €415 million. Each share of stock was sold for €17. SNS had a market value of €3.9 billion at the end of 2006. Later, the foundation's significance in SNS decreased to a little over 50%.

Founded: 1997
Headquarters: Utrecht, Netherlands
Website:https://srh.nl/