Overview
As per Moody’s Investors Service, the Dutch banking system looks quite stable. And as a result, Moody’s rating for the same is quite positive. Moody’s Investors Service expects that in the next 12-18 months, the creditworthiness of the Dutch banking system will improve a lot more.
There are 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 because Moody believes that the domestic environment in the Netherlands is quite positive for the banking system. The right domestic environment will allow the banks to preserve the performance of their assets.
- The economy of the Netherlands has been recovering quite well, comparatively better than its peers in the Euro-area.
- The loan performance of the Dutch banks has also been quite noteworthy and stable.
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Source: Top 10 Banks in Netherlands (wallstreetmojo.com)
Structure of Banks in the Netherlands
As of the last data received in the year 2017, there are around 99 banks in the Netherlands. The banking sector in the Netherlands amounts to the most part of the GDP of the country. In the year 2008, the ratio between the banking assets and the GDP of the Netherlands was 600%. In the year 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.
Among all of these banks in the Netherlands, only one bank is listed publicly; some are partially owned by the Government, and one major bank is a cooperative institution. After the global financial crisisFinancial CrisisThe 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.
List of Top 10 Banks in the Netherlands
- ING Bank NV
- Cooperative Rabobank U.A.
- ABN AMRO Bank N.V.
- De Volksbank N.V.
- NIBC Bank N.V.
- Achmea Bank N.V.
- van Lanschot Bankiers N.V.
- Tridos Bank N.v.
- Delta Lloyd Bank
- KAS Bank N.V.
Let’s look at each one of them in terms of the total assets acquired –
#1. ING Bank NV:
In terms of total assets acquired, this bank is the largest bank in the Netherlands. At the end of 2016, the total assets acquired by this bank were EUR 843919 million. It has a 35.79% share of the total consolidated assets. In the same year, the net income of this bank was EUR 4227 million. This bank specializes in insurance and banking. Its head-quarter is situated in Amsterdam.
#2. Cooperative Rabobank U.A.:
In terms of total assets acquired, this bank is the second-largest bank in the Netherlands. At the end of 2016, the total assets acquired by this bank were EUR 672484 million. It has a 28.52%% share of the total consolidated assets. In the same year, the net income of this bank was EUR 1960 million. It was established in the year 1898, around 119 years ago. This bank specializes in asset management, leasing, real estate, insurance, and banking. Its head-quarter is located at Utrecht.
#3. ABN AMRO Bank N.V.:
In terms of total assets acquired, this bank is the third largest bank in the Netherlands. At the end of 2016, the total assets acquired by this bank were EUR 394482 million. It has a 16.73% share of the total consolidated assets. In the same year, the net income of this bank was EUR 1806 million. This bank specializes in mortgages, savings, consumer loansConsumer LoansA 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 head-quarter is situated in Amsterdam.
#4. De Volksbank N.V.:
In terms of total assets acquired, this bank is the fourth largest bank in the Netherlands. At the end of 2016, the total assets acquired by this bank were EUR 61561 million. It has a 2.61% share of the total consolidated assets. In the same year, the net income of this bank was EUR 329 million. It was established in the year 1817, around 200 years ago. This bank specializes in payment products, mortgage, and savings banking. Its head-quarter is located at Utrecht.
#5. NIBC Bank N.V.:
In terms of total assets acquired, this bank is the fifth-largest bank in the Netherlands. At the end of 2016, the total assets acquired by this bank were EUR 23580 million. It has a 1.00% share of the total consolidated assets. In the same year, the net income of this bank was EUR 102 million. It was established in the year 1945, around 72 years ago. This bank specializes in corporate banking. Its head-quarter is located at S Gravenhage.
#6. Achmea Bank N.V.:
In terms of total assets acquired, this bank is the sixth-largest bank in the Netherlands. At the end of 2016, the total assets acquired by this bank were EUR 14985.32 million. It has a 0.64% share of the total consolidated assets. In the same year, the net income of this bank was EUR 13.31 million. This bank specializes in savings products and residential mortgage loans. Its head-quarter is located at Apeldoorn.
#7. van Lanschot Bankiers N.V.:
In terms of total assets acquired, this bank is the seventh largest bank in the Netherlands. At the end of 2016, the total assets acquired by this bank were EUR 14877.41 million. It has a 0.63% share of the total consolidated assets. In the same year, the net income of this bank was EUR 69.80 million. It is the oldest bank of the Netherlands. It was established in the year 1737. This bank specializes in private banking. Its head-quarter is located at `s-Hertogenbosch.
#8. Tridos Bank N.V.:
In terms of total assets acquired, this bank is the eighth largest bank in the Netherlands. At the end of 2016, the total assets acquired by this bank were EUR 9081.24 million. It has a 0.39% share of the total consolidated assets. In the same year, the net income of this bank was EUR 29.34 million. It was established in the year 1980. This bank specializes in lending and investment products. Its head-quarter is situated in Zeist.
#9. Delta Lloyd Bank:
In terms of total assets acquired, this bank is the ninth-largest bank in the Netherlands. At the end of 2016, the total assets acquired by this bank were EUR 5490.75 million. It has a 0.23% share of the total consolidated assets. In the same year, the net income of this bank was EUR 14.47 million. This bank specializes in mortgage loans, savings, and investments. Its head-quarter is situated in Amsterdam.
#10. KAS Bank N.V.:
In terms of total assets acquired, this bank is the tenth largest bank in the Netherlands. At the end of 2016, the total assets acquired by this bank were EUR 4398.68 million. It has a 0.19% share of the total consolidated assets. In the same year, the net income of this bank was EUR 14.85 million. This bank specializes in wholesale securities services. Its head-quarter is situated in Amsterdam.
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