On December 12, 2008, De Nederlandsche Bank (DNB), the Dutch central bank, announced that ABN AMRO no longer considers valid the sale of part of its Dutch assets to Deutsche Bank AG, an investment bank, to comply with antitrust concerns.
Byline: Amsterdam The Dubai Financial Services Authority (DFSA) has entered into a memorandum of understanding (MoU) with the De Nederlandsche Bank (DNB) regarding cooperation and exchange of regulatory information.
Amsterdambased De Nederlandsche Bank (DNB), the equivalent to the Bank of England, which runs the scheme, assured Money Mail: 'Deposits of UK clients with UK branches of Dutch savings banks are covered by the Dutch deposit guarantee scheme.
According to recent information released by De Nederlandsche Bank, the central bank of The Netherlands, the country's private-sector consumption will expand by 4.
Basel II: risk sensitive capital reserve The solvency demands placed by De Nederlandsche Bank on credit institutions amount to 8%, a figure laid down in the Capital Accord 'Basel I' which dates from 1988.
European technical services provider Imtech NV (Euronext:IM) announced today that it has received orders worth up to EUR25m, from financial institutions in the Netherlands, for 'green' and total technical data centres to be delivered by mid-2010 The company said that stricter requirements for continuity and security of financial transactions imposed by De Nederlandsche Bank (National Dutch Bank), along with the increasing intensity of digital payments, has necessitated investments to expand capacity and improve the security in data centres of financial institutions in the Netherlands.
Ahead of this De Nederlandsche Bank, the regulator of banks in the Netherlands, said: "From a prudential point of view, an offer by a consortium would constitute a strong risk-increasing and complicating factor, both in the preparation of the transaction and in its execution and implementation.
