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Articles for Volksbank

Volksbank to close more than half its 600 branches
2 weeks ago

Volksbank to close more than half its 600 branches

Dutch News  

State-owned Volksbank will close between 320 and 360 of its 600 bank branches, as part of the overhaul announced last month. In total, the number of SNS branches will shrink from 194 to between 110 and 130 and RegioBank will lose around half its 416 branches, Volksbank said on Monday. Volksbank said last month it would scrap 700 jobs and …

Bank Volksbank 600 Branches
Volksbank to cut workforce, close hundreds of branches in major restructuring
2 weeks ago

Volksbank to cut workforce, close hundreds of branches in major restructuring

NL Times  

Volksbank, the parent company of SNS, ASN, BLG Wonen, and RegioBank, announced plans to close up to 290 branches and cut 700 to 750 full-time jobs as part of a sweeping reorganization. The state-owned bank also set aside 340 million euros to 360 million euros to fund the restructuring, which will significantly impact profits but is expected to result in …

Financial Bank Volksbank Regiobank Sns Branches
Parliament poised to say "no" to Volksbank privatisation
3 weeks, 3 days ago

Parliament poised to say "no" to Volksbank privatisation

Dutch News  

A majority of MPs oppose the government’s plans to sell of the Volksbank and say it should be kept in state hands, the Financieele Dagblad reported on Friday. Finance minister Eelco Heinen’s own party, the right-wing Liberal VVD, was the only party to support his plan to sell the bank to the private sector during Thursday’s debate on state shareholdings. …

Volksbank
Volksbank to cut 700 jobs and three of its brands
Trending News
1 month ago

Volksbank to cut 700 jobs and three of its brands

Dutch News  

State-owned Volksbank is going to scrap 700 jobs and three separate brand names to save €70 million a year. Volksbank, which currently operates SNS, Regiobank, BLG Wonen and ASN Bank, also needs to invest in counteracting money laundering and in its IT systems, the company said in a press statement. “Our employees, customers and partners deserve clarity about the steps …

Bank Sns Volksbank Brands State
Volksbank to slash at least 700 jobs in major reorganization
1 month ago

Volksbank to slash at least 700 jobs in major reorganization

NL Times  

De Volksbank, the parent company of banks SNS and ASN, is cutting between 700 and 750 full-time jobs in a reorganization announced on Tuesday. Finance Minister Eelco Heinen informed parliament last month that this Cabinet plans to take the bank public or sell it to an investor. “The transformation is initiating fundamental changes that should lead to an agile, cost-efficient …

Bank Sns Volksbank De Volksbank
Parents can do a better job of teaching children about money, scams
2 years, 8 months ago

Parents can do a better job of teaching children about money, scams

NL Times  

Although almost all parents find it important that their children are able to handle money well, many parents can do even more to address the issue, concluded de Volksbank. The majority of parents do not make agreements with their children about how much pocket money they should save, according to the research. De Volksbank conducted a survey at the beginning …

Children Parents Money De Volksbank
Court: Volksbank was wrong to close accounts of "accidental American"
2 years, 11 months ago

Court: Volksbank was wrong to close accounts of "accidental American"

NL Times  

The Volksbank was not allowed to close the bank accounts of an "accidental American," the Central Netherlands District Court concluded in legal proceedings. The court ruled that Dutch banks are not required to pass on the bank account details of American citizens with a balance below 50,000 dollars to the American authorities. "Figures from the American authorities show that only …

Tax Court American Volksbank Bank Close
Court rules Volksbank could close Accidental American’s bank account
3 years, 11 months ago

Court rules Volksbank could close Accidental American’s bank account

NL Times  

An Utrecht court ruled on Wednesday that the Volksbank was allowed to close the bank account of a Dutch-American dual citizen after he refused to provide his American tax identification number. They must apply for and obtain a U.S. tax identification number and provide it to their Dutch bank as the financial institutions are required to pass along some data …

Dutch Bank American Volksbank