SNS Bank
Encyclopedia
SNS Bank is a Dutch retail bank offering financial products to both companies and individuals. SNS Bank was formed out of a merger of several savings banks in the Netherlands. SNS is an abbreviation of "Samenwerkende Nederlandse Spaarbanken" (Co-operating Dutch Savings banks). In 1997, SNS Bank's holding company
bought all shares in major Dutch insurance provider Reaal. Since the 18th of May 2006, the company is listed on the Euronext stock exchange in Amsterdam. On the 4th of December 2006, it was announced that SNS Bank is taking over Regio Bank from ING in a €50.000.000 deal.
SNS Reaal
SNS Reaal N.V. is a Dutch financial services provider, offering insurance and banking services to private individuals and medium and small enterprises. The banking services are offered through SNS Bank, while the insurances are offered through independent intermediaries. The company was formed in...
bought all shares in major Dutch insurance provider Reaal. Since the 18th of May 2006, the company is listed on the Euronext stock exchange in Amsterdam. On the 4th of December 2006, it was announced that SNS Bank is taking over Regio Bank from ING in a €50.000.000 deal.