Top 11 Banks in the Netherlands

Overview

As per Moody’s Investors Service, the Dutch banking system looks stable. And as a result, Moody’s rating for the same is positive. Moreover, Moody’s Investors Service expects that in the next 12 to 18 months, the creditworthiness of the Dutch banking system will improve a lot more.

There are a few reasons for which Moody’s Investors Service has rated the Dutch banking system so well: –

One of the most important factors behind such a positive rating is that Moody believes that the domestic environment in the Netherlands is positive for the banking system. The right domestic environment will allow the banks to preserve the performance of their assets.
The economyEconomy An economy comprises individuals, commercial entities, and the government involved in the production, distribution, exchange, and consumption of products and services in a society.read more of the Netherlands has been recovering well, comparatively better than its peers in the Euro-area.
The loanLoan A loan is a vehicle for credit in which a lender will give a sum of money to a borrower or borrowing entity in exchange for future repayment.read more performance of the Dutch banks has also been quite noteworthy and stable.

Overview

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Source: Top 11 Banks in the Netherlands (wallstreetmojo.com)

Structure of Banks in the Netherlands

As per the last data received in 2017, the Netherlands has around 99 banks. The banking sector in the Netherlands amounts to the country’s GDPGDP GDP or Gross Domestic Product refers to the monetary measurement of the overall market value of the final output produced within a country over a period.read more. In 2008, the ratio between the banking assets and the GDP of the Netherlands was 600%. However, in 2016, it dropped down to 365%.

The Bank of the Netherlands acts as the Central Bank of the country. It is also a state-owned bank and offers lending services.

Only one bank is listed publicly among these banks in the Netherlands; the Government partially owns some, and one major bank is a cooperative institution. However, after the global financial crisisFinancial Crisis The term "financial crisis" refers to a situation in which the market's key financial assets experience a sharp decline in market value over a relatively short period of time, or when leading businesses are unable to pay their enormous debt, or when financing institutions face a liquidity crunch and are unable to return money to depositors, all of which cause panic in the capital markets and among investors.read more, the large banks in the Netherlands dominate the whole banking.

Digital Banking In The Netherlands

The Netherlands’ digital banking landscape showcases advanced online banking platforms, innovative payment solutions, and a customer-centric approach to financial services. It is characterized by a progressive and tech-savvy environment. Established banks were actively embracing digital transformation, offering innovative online banking services and mobile apps to cater to customers’ needs. The country’s fintech sector is also thriving, with a growing number of startups disrupting the industry with specialized financial solutions. The Dutch government’s support for open banking and fintech innovation plays a significant role in driving the evolution of the digital banking sector in the Netherlands.

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List of Top 11 Banks in the Netherlands

Revolut
ING Bank NV
Coöperatieve Rabobank U.A.
ABN AMRO Bank N.V.
De Volksbank N.V.
NIBC Bank N.V.
Achmea Bank N.V.
Van Lanschot Kempen NV (F. van Lanschot Bankiers NV)
Tridos Bank N.V.
Delta Lloyd Bank N.V.
KAS Bank N.V.

Let us look at each one of them in terms of the total assets acquired: –

#1. Revolut:

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#2. ING Bank NV:

ING Bank NV is the largest in the Netherlands regarding total assets acquired; as of 2020, the total assets acquired by this bank were €937.38 billion. It had a 35.79% share of the total consolidated assets in 2016. In 2020, the net incomeNet Income Net income for individuals and businesses refers to the amount of money left after subtracting direct and indirect expenses, taxes, and other deductions from their gross income. The income statement typically mentions it as the last line item, reflecting the profits made by an entity.read more of this bank was €2,415 million. ING Bank NV specializes in insurance and banking. Its headquarter is situated in Amsterdam.

#3. Coöperatieve Rabobank U.A.:

Coöperatieve Rabobank U.A. is the second-largest bank in the Netherlands regarding total assets acquired. In 2018, the total assets acquired by this bank were €590.437 billion. It had a 28.52%% share of the total consolidated assets in 2016. In the same year, the net income of this bank was €1960 million. It was established in 1898, around 124 years ago, specializing in asset managementAsset Management Asset management is a method of managing funds and investing in both traditional and specialized products in order to generate returns consistent with the investor's risk tolerance. read more, leasing, real estate, insurance, and banking. Its headquarter is located in Utrecht.

#4. ABN AMRO Bank N.V.:

ABN AMRO Bank N.V. is the third-largest bank in the Netherlands regarding total assetsTotal Assets Total Assets is the sum of a company's current and noncurrent assets. Total assets also equals to the sum of total liabilities and total shareholder funds. Total Assets = Liabilities + Shareholder Equityread more acquired. In 2018, the total assets acquired by this bank were €381.3 billion. It had a 16.73% share of the total consolidated assets in 2016. As of 2018, the net income of this bank was €2.325 billion. This bank specializes in mortgagesMortgages A mortgage loan is an agreement that gives the lender the right to forfeit the mortgaged property or assets in case of failure to repay the borrowed sum and interest.read more, savings, consumer loansConsumer Loans A consumer loan is a type of credit given to a consumer to finance specified set of expenditures. The borrower must pledge a specific asset as collateral for the loan, or it may be unsecured depending on the loan's monetary value.read more, and internet banking. Its headquarter is situated in Amsterdam.

#5. De Volksbank N.V.:

De Volksbank N.V. is the fourth largest bank in the Netherlands regarding total assets acquired. At the end of 2016, the total assets acquired by this bank were €61561 million. Consequently, it has a 2.61% share of the total consolidated assets. In the same year, the net income of this bank was €329 million. It was established in 1817, around 215 years ago, specializing in payment products, mortgage, and savings banking. Its head-quarter is located in Utrecht.

#6. NIBC Bank N.V.:

NIBC Bank N.V. is the fifth-largest bank in the Netherlands regarding total assets acquired. At the end of 2016, the total assets acquired by this bank were €23580 million. Consequently, it has a 1.00% share of the total consolidated assets. In the same year, the net income of this bank was €102 million. It was established in 1945, around 77 years ago, specializing in corporate banking. Its headquarter is located at S Gravenhage.

#7. Achmea Bank N.V.:

Achmea Bank N.V. is the sixth-largest bank in the Netherlands regarding total assets acquired. The total assets acquired by this bank in 2020 were €13,833.68 million. In 2016, it had a 0.64% share of the total consolidated assets. In 2020, the net income of this bank was €27.53 million. This bank specializes in savings products and residential mortgage loans. Its headquarter is located at Apeldoorn.

#8. Van Lanschot Kempen NV. (van Lanschot Bankiers NV):

This bank is the seventh-largest bank in the Netherlands regarding total assets acquired. At the end of 2016, the total assets acquired by this bank were €14877.41 million. It has a 0.63% share of the total consolidated assets. In 2020, the net income of this bank was

€49,8 million. The oldest bank in the Netherlands, Van Lanschot Kempen NV (formerly F. van Lanschot Bankiers NV), was established in 1737, specializing in private banking. Private Banking. Private banking refers to a type of banking and financial service offered by certain banks only to high-net-worth individuals (HNWIs). Clients opting for this service are individually assigned a financial representative who personally takes care of their banking needs.read moreIts headquarter is located at `s-Hertogenbosch.

#9. Tridos Bank N.V.:

Triodos Bank N.V. is the eighth largest bank in the Netherlands regarding total assets acquired. At the end of 2016, the total assets acquired by this bank were €9081.24 million. Therefore, it has a 0.39% share of the total consolidated assets. In 2020, the net income of this bank was €27.2 million. It was established in 1980; specializes in lending and investment products. Its headquarter is situated in Zeist.

#10. Delta Lloyd Bank:

Delta Lloyd Bank NV is the ninth-largest bank in the Netherlands regarding total assets acquired. As of 2017, the total assets acquired by this bank were €5,343.31 million, which had a 0.23% share of the total consolidated assets in 2016. In 2017, the net income of this bank was €-814,000.00. This bank specializes in mortgage loans, savings, and investmentsInvestments Investments are typically assets bought at present with the expectation of higher returns in the future. Its consumption is foregone now for benefits that investors can reap from it later.read more. Its headquarter is situated in Amsterdam.

#11. KAS Bank N.V.:

KAS Bank N.V. is the tenth largest bank in the Netherlands regarding total assets acquired. At the end of 2016, the total assets acquired by this bank were €4398.68 million. Consequently, it has a 0.19% share of the total consolidated assets. In the same year, the net income of this bank was €14.85 million. This bank specializes in wholesale securities services. Its headquarter is situated in Amsterdam.

Top 11 Banks in the Netherlands