BNG Bank N.V. is a Dutch bank specializing in providing financing for (semi-)publicly owned organizations. Ranked by assets alone, it is ranked as the 4th bank in the Netherlands. The Dutch state owns 50% of the company, while the remainder is owned by the municipalities and provinces.
The company was founded in 1914 in The Hague as the Gemeentelijke Credietbank (Municipal Credit Bureau) in 1922 and then changed its name to Bank voor Nederlandsche Gemeenten (lit.'Bank of the local governments of the Netherland') in the 1990s, before finally changing it to BNG Bank in 2018.
The magazine Global Finance rated BNG Bank the third safest bank in the world in its "World’s 50 Safest Banks 2019" rating. The rating is based on long-term foreign currency ratings from Fitch Ratings and Standard and Poor’s and the long-term bank deposit ratings from Moody’s Investors Service.[3]
Referencesedit
^"The list of significant supervised entities and the list of less significant institutions" (PDF). European Central Bank. 4 September 2014.
^"List of supervised entities" (PDF). European Central Bank. 1 January 2023.
^"Global Finance Names The World's 50 Safest Banks 2019" (PDF). Global Finance. September 17, 2019.
bank, dutch, bank, specializing, providing, financing, semi, publicly, owned, organizations, ranked, assets, alone, ranked, bank, netherlands, dutch, state, owns, company, while, remainder, owned, municipalities, provinces, company, typeprivateindustryfinancia. BNG Bank N V is a Dutch bank specializing in providing financing for semi publicly owned organizations Ranked by assets alone it is ranked as the 4th bank in the Netherlands The Dutch state owns 50 of the company while the remainder is owned by the municipalities and provinces BNG Bank N V Company typePrivateIndustryFinancial servicesFounded1914 110 years ago 1914 HeadquartersThe Hague NetherlandsKey peopleGita Salden CEOProductsFinancing for semi public organisationsOperating income 459 million 2018 Net income 337 million 2006 Number of employees302 2019 Websitewww wbr bngbank wbr nl Contents 1 History 2 Awards 3 References 4 Further reading 5 External linksHistory editThe company was founded in 1914 in The Hague as the Gemeentelijke Credietbank Municipal Credit Bureau in 1922 and then changed its name to Bank voor Nederlandsche Gemeenten lit Bank of the local governments of the Netherland in the 1990s before finally changing it to BNG Bank in 2018 BNG Bank does not provide financing to private customers but exclusively to semi public organizations such as municipalities provinces public utilities health care organisations and public housing BNG has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014 and as a consequence is directly supervised by the European Central Bank 1 2 Awards editThe magazine Global Finance rated BNG Bank the third safest bank in the world in its World s 50 Safest Banks 2019 rating The rating is based on long term foreign currency ratings from Fitch Ratings and Standard and Poor s and the long term bank deposit ratings from Moody s Investors Service 3 References edit The list of significant supervised entities and the list of less significant institutions PDF European Central Bank 4 September 2014 List of supervised entities PDF European Central Bank 1 January 2023 Global Finance Names The World s 50 Safest Banks 2019 PDF Global Finance September 17 2019 Further reading edit nbsp Banks portalwww wbr bngbank wbr comExternal links editDocuments and clippings about BNG Bank in the 20th Century Press Archives of the ZBW nbsp This Dutch bank or insurance related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title BNG Bank amp oldid 1200742514, wikipedia, wiki, book, books, library,
