February 01, 2015 7:45 PM ET

Banks

Company Overview of N.V. Bank Nederlandse Gemeenten

Company Overview

N.V. Bank Nederlandse Gemeenten provides specialized financial services primarily for the public sector in the Netherlands. It offers customized financial services, such as loans and advances, consultancy, payment services, electronic banking, and asset management. The company also participates in public-private partnership. It serves local authorities, public sector housing, healthcare and educational institutions, and public utilities. N.V. Bank Nederlandse Gemeenten was founded in 1914 and is based in The Hague, the Netherlands.

Koninginnegracht 2

PO Box 30305

The Hague,  2500 GH

Netherlands

Founded in 1914

273 Employees

Phone:

31 70 375 0750

Key Executives for N.V. Bank Nederlandse Gemeenten

Chairman of the Executive Board
Age: 62
Managing Director of Public Finance
Age: 55
Managing Director of Processing
Age: 56
Managing Director and Secretary
Age: 64
Managing Director of Treasury & Capital Markets
Age: 45
Compensation as of Fiscal Year 2014.

N.V. Bank Nederlandse Gemeenten Key Developments

The Bank Nederlandse Gemeenten Reports Earnings Results for the Six Months Ended June 30, 2014

The Bank Nederlandse Gemeenten reported earnings results for the six months ended June 30, 2014. The company has reported that net profit for the six months ended June 30, 2014 was EUR 153 million, compared to EUR 123 million for the same period ended June 30, 2013. Profit before tax for the six months ended June 30, 2014 was EUR 204 million, compared to EUR 171 million for the period ended June 30, 2013. Total income for the six months ended June 30, 2014 was EUR 244 million, compared to EUR 220 million for the period ended June 30, 2013.

BNG Bank Reports Earnings Results for 2014

BNG Bank reported earnings results for 2014. For the period, the company reported net profit increased by EUR 30 million to EUR 153 million compared with the same period in 2013.

BNG Bank Announces Supervisory Board Changes; Announces Earnings Results for 2013

At the General Meeting of Shareholders held on 25 April 2014, BNG Bank appointed Ms. Jantine Kriens, Mr. Kees Beuving and Mr. Lucas Bolsius as members of the Supervisory Board. Messrs. Ralph Pans and Hayo Apotheker stepped down from the Supervisory Board. Ms. Kriens chairs the Executive Board of the Association of Dutch Municipalities (VNG) since 2013. Mr. Beuving was the chairman of the Management Board of the Friesland Bank Holding N.V. from 2010 to 2012. Mr. Bolsius has been the mayor of Amersfoort since 2010. The company announced earnings results for 2013. For the year, the company reported net profit of EUR 283 million.

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