DOCSLIB.ORG

Annual Report SNS Bank NV 2015

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

Banking with a human The original financial statements were drafted in Dutch. This document is an English translation of the original. In the touch case of any discrepancies between the English and the Dutch text, the latter will prevail. Annual report 2015 2 SNS Bank NV Annual report 2015 > 86 168 192 268 30 286 1 SNS BANK AT A GLANCE 8 5 SNS BANK PERFORMANCE 50 1.1 Mission and vision 9 5.1 Financial and commercial developments 51 1.2 Strategy 9 5.2 Our strategic themes 58 1.3 History 10 5.3 Brand performance 67 1.4 Value creation 11 5.4 Our People 76 5.5 The importance of information technology 81 5.6 Tax policy 83 2 FOREWORD 14 3 REPORT OF THE 20 6 RISK, CAPITAL & LIQUIDITY 88 SUPERVISORY BOARD MANAGEMENT 6.1 Summary 90 4 SNS BANK AND ITS STRATEGY 32 6.2 Risk management organisation 91 6.3 Risk profile and risk appetite 96 4.1 Developments 33 6.4 Capital management 104 4.2 Developments in the regulatory environment 39 6.5 Credit risk 116 4.3 Stakeholder engagement 42 6.6 Market risk 143 4.4 SWOT Analysis 45 6.7 Liquidity management and funding 149 4.5 Mission and strategy 46 6.8 Credit ratings 159 6.9 Key non-financial risks 161 SNS Bank NV Annual report 2015 > Table of contents 3 86 168 192 268 30 286 7 CORPORATE GOVERNANCE 170 Independent auditor's report 272 Independent Auditor's Assurance Report 282 7.1 Composition, appointment and duties of the 171 Board of Directors 7.2 Composition, appointment and duties of the 173 Supervisory Board ADDITIONAL INFORMATION 286 7.3 Bank and society 175 Composition of the Board of Directors 288 7.4 Dutch Corporate Governance Code 177 Composition of the Supervisory Board 292 7.5 Transfer of SNS Bank and EC commitments 178 Definitions 296 7.6 Management statements 179 Abbreviations 300 7.7 Remuneration Report 182 About this report 302 Additional Stakeholder Information 312 ANNUAL REPORT 194 EDTF references 318 Consolidated financial statements 196 Notes to the consolidated financial statements 201 Company financial statements 257 Notes to the company financial statements 259 OTHER INFORMATION 268 Provisions regarding profit or loss appropriation 270 4 SNS Bank NV Annual report 2015 > Table of contents SNS Bank is the 4th largest bank in the Netherlands with One bank with five strong brands with a clear focus on the Dutch 3 million customers Our mission: Banking with a retail segment human touch For the world of tomorrow a balance sheet total of AMBITIONS ASN Bank is a sustainable bank that wants to contribute to a more sustainable society respec- €63 billion ting the following pillars: climate, human rights and biodiversity. Payments, savings, investments Distribution: Online and mobile and substantial market shares in retail mortgages, Feel at home €46 billion We are a MORTGAGES BLG Wonen serves customers through inter- PEOPLE-ORIENTED BANK mediaries and wants to offer housing-related Personal banking solutions that meet the needs of the customer’s financial situation. Mortgages retail savings, Distribution: Independent advisers €37 billion Nearby and committed RegioBank wants to be a truly local bank with face-to-face contact for every customer and a full and payments. range of services. We are a Payments, savings, mortgages SAVINGS Distibution: 538 independent advisers, online and mobile 1.1 million current SOCIAL BANK accounts Financial resilience, benefit rather than return Perfectly normal. SNS SNS presents itself as a no-nonsense bank with simple products that benefit the customer. We thus change course and challenge the major In 2015 we realised a profit of banks. Payments, savings, mortgages, insurance products €348 million Distribution: 189 SNS Shops, online and mobile We are a PAYMENTS Saving for later SUSTAINABLE BANK with a solid capitalisation. On our way to a climate neutral bank ZwitserlevenBank offers various savings products based on the ‘Simplicity for later’ strategy. 25.3% Savings Common Equity Tier 1-ratio Distribution: Online SNS Bank NV Annual report 2015 > Introduction 5 SNS Bank is the 4th largest bank in the Netherlands with One bank with five strong brands with a clear focus on the Dutch 3 million customers Our mission: Banking with a retail segment human touch For the world of tomorrow a balance sheet total of AMBITIONS ASN Bank is a sustainable bank that wants to contribute to a more sustainable society respec- €63 billion ting the following pillars: climate, human rights and biodiversity. Payments, savings, investments Distribution: Online and mobile and substantial market shares in retail mortgages, Feel at home €46 billion We are a MORTGAGES BLG Wonen serves customers through inter- PEOPLE-ORIENTED BANK mediaries and wants to offer housing-related Personal banking solutions that meet the needs of the customer’s financial situation. Mortgages retail savings, Distribution: Independent advisers €37 billion Nearby and committed RegioBank wants to be a truly local bank with face-to-face contact for every customer and a full and payments. range of services. We are a Payments, savings, mortgages SAVINGS Distibution: 538 independent advisers, online and mobile 1.1 million current SOCIAL BANK accounts Financial resilience, benefit rather than return Perfectly normal. SNS SNS presents itself as a no-nonsense bank with simple products that benefit the customer. We thus change course and challenge the major In 2015 we realised a profit of banks. Payments, savings, mortgages, insurance products €348 million Distribution: 189 SNS Shops, online and mobile We are a PAYMENTS Saving for later SUSTAINABLE BANK with a solid capitalisation. On our way to a climate neutral bank ZwitserlevenBank offers various savings products based on the ‘Simplicity for later’ strategy. 25.3% Savings Common Equity Tier 1-ratio Distribution: Online 6 SNS Bank NV Annual report 2015 > Introduction Key figures Balance sheet Profit and loss account Total assets 2015 in € millions 2015 2014 2013 2012 2011 in € millions 2015 2014 2013 2012 2011 Total income (in € millions) Balance sheet total 62,690 68,159 74,537 81,341 81,272 8% Net Interest Margin 994 1,024 957 705 803 10% Loans and advances to customers 49,217 52,834 53,405 61,768 64,797 1,200 1,099 1,125 Net provision and management fees 48 44 50 54 86 1,042 1,043 - of which mortgages 45,631 47,281 48,458 50,841 52,920 842 Other income 83 31 36 83 153 800 Amounts due to customers 47,440 46,208 43,904 42,344 40,557 Total income 1,125 1,099 1,043 842 1,042 4% - of which savings 36,860 35,666 33,276 32,815 30,342 400 Impairments 37 207 224 228 410 Debt instruments 6,941 11,252 16,439 21,990 27,361 0 Goodwill impairments 67 2011 2012 2013 2014 2015 5% Equity 3,302 2,963 2,582 1,337 1,723 Operating expenses 590 498 522 479 573 Capital and funding Other expenses 22 76 8 8 0 73% Total expenses 649 848 754 715 983 Operating expenses in € millions 2015 2014 2013 2012 2011 (in € millions) Result before taxes 476 251 289 127 59 Tier 1 core capital 2,916 2,520 2,266 1,253 1,879 600 590 Taxes 128 100 105 33 21 573 522 Mortgage loans to customers Risk Weighted Assets (RWA) 11,513 13,771 15,121 20,592 20,534 479 498 Net result discontinued operations (1,536) (813) Other loans and advances to customers 400 Ratios Cash and cash equivalents Net result 348 151 (1,352) (719) 38 200 Investments CET 1 ratio 25.3% 18.3% 15.0% 6.1% 9.2% - Net result Property Finance (1,536) (813) (243) Other Tier 1 ratio 25.3% 18.3% 15.0% 7.7% 12.2% - One-off items 13 (143) (79) (36) (20) 0 Total capital ratio 29.5% 18.4% 15.0% 9.3% 14.4% 2011 2012 2013 2014 2015 Adjusted net result 335 294 263 130 301 CET 1 ratio (fully loaded) 25.8% 17.4% 12.3% Total liabilities 2015 Leverage ratio 4.7% 3.8% 3.1% Leverage ratio (fully loaded) 4.8% 3.6% 2.5% Number of employees (FTE) Performance indicators Loan-to-deposit ratio 105% 113% 122% 148% 159% 5% 3,340 6% 2015 2014 2013 2012 2011 3,000 2,426 2,506 2,133 Quality loan portfolio NIM (Net Interest Margin as % average assets) 1.52% 1.43% 1.23% 0.87% 1.00% 2,000 2,009 2015 2014 2013 2012 2011 Efficiency ratio 51.2% 44.7% 50.0% 56.9% 55.0% 11% 1,000 Loan-to-Value mortgage portfolio 84% 86% 89% 87% 82% Loan impairments as % of gross loans 0.07% 0.38% 0.39% 0.40% 0.63% 0 2% Loans in arrears (%) 3.1% 4.3% 4.5% 3.9% 3.6% Retun on Equity (ROE) 11.1% 5.4% -69.0% -44.7% 2.2% 2011 2012 2013 2014 2015 Impaired ratio 2.3% 3.1% 3.1% Return on assets 0.53% 0.21% -1.73% -0.88% 0.05% Coverage ratio 29% 27% 25% 76% Net Promoter Score Other key figures Market shares 2015 2014 2013 2012 2011 2015 2014 2013 2012 2011 Brand 2015 2014 Savings and other debts to customers ASN Bank 19 12 Payments (new current accounts) 25% 21% Number of SNS Shops 189 188 166 162 155 Amounts due to banks BLG Wonen -42 -14 Number of independent advisers RegioBank 538 535 526 536 529 Debt instruments Retail savings 10.9% 10.7% 10.1% 10.3% 10.0% RegioBank 5 -7 Other Mortgages Number of ATMs 438 539 537 519 507 SNS -26 -28 Equity Mortgages - Portfolio (in €) 6.9% 7.2% 7.4% 7.4% 7.8% Carbon neutral balance sheet 22% 16% Mortgages - New production (#) 4.1% 3.7% 1.8% 2.1% 5.8% Employee satisfaction (eNPS) 34 18 SNS Bank NV Annual report 2015 > Introduction 7 Key figures Balance sheet Profit and loss account Total assets 2015 in € millions 2015 2014 2013 2012 2011 in € millions 2015 2014 2013 2012 2011 Total income (in € millions) Balance sheet total 62,690 68,159 74,537 81,341 81,272 8% Net Interest Margin 994 1,024 957 705 803 10% Loans and advances to customers 49,217 52,834 53,405 61,768 64,797 1,200 1,099 1,125 Net provision and management fees 48 44 50 54 86 1,042 1,043 - of which mortgages
Recommended publications
  • Outlook for the Global Economy, Interest Rates and the Impact on the Re/Insurance Industry Astrid Frey, Swiss Re Economic Research & Consulting

    Outlook for the Global Economy, Interest Rates and the Impact on the Re/Insurance Industry Astrid Frey, Swiss Re Economic Research & Consulting

    Outlook for the global economy, interest rates and the impact on the re/insurance industry Astrid Frey, Swiss Re Economic Research & Consulting The economic environment in 2009… Real GDP growth (%) Source: Swiss Re Economic Research & Consulting Astrid Frey | Swiss Re Economic Research & Consulting 2 … and in 2014 Real GDP growth (%) Source: Swiss Re Economic Research & Consulting Astrid Frey | Swiss Re Economic Research & Consulting 3 Table of Contents / Agenda • Outlook for the global economy, inflation and interest rates • How do interest rates affect re/insurers? • How can insurers manage interest rate risk? • Conclusions Astrid Frey | Swiss Re Economic Research & Consulting 4 Outlook for the global economy, inflation and interest rates Astrid Frey | Swiss Re Economic Research & Consulting 5 Economic indicators imply global growth acceleration Purchasing Managers Indices, monthly data PMIs are survey based indicators. Values above 50 indicate economic expansion, Sources: Datastream, values below 50 contraction Bloomberg Astrid Frey | Swiss Re Economic Research & Consulting 6 Economic recovery at different speeds Real GDP of selected euro area countries (indexed Q1 2008 = 100) Source: Datastream Astrid Frey | Swiss Re Economic Research & Consulting 7 Global economic outlook and key risks . The US expansion is expected to strengthen into 2014, driven by consumer spending, business investment and housing construction . Europe is growing again and will continue to improve – a huge improvement for global growth prospects, but growth is hampered by fiscal austerity, private deleveraging and tight credit conditions . Chinese growth will stay close to 7.5% for next several years. Some EM economies have been unsettled by Fed "tapering" discussions, but a strengthening global economy will alleviate the downside risks.
  • Cross-Border Financial Institutions in the EU: Analysis of Total Assets and Ultimate Ownership

    Cross-Border Financial Institutions in the EU: Analysis of Total Assets and Ultimate Ownership

    Directorate-General for Internal Policies Directorate A - Economic and Scientific Policy Policy Department A.: Economic and Scientific Policy and Quality of Life Unit Cross-Border Financial Institutions in the EU: Analysis of Total Assets and Ultimate Ownership Briefing Note IP/A/ECON/NT/2008-10 PE 408.550 Only published in English. Author: Josina KAMERLING Policy Department Economy and Science DG Internal Policies European Parliament Rue Wiertz 60 - ATR 00L046 B-1047 Brussels Tel: +32 (0)2 283 27 86 Fax: +32(0)2 284 69 29 E-mail: [email protected] Arttu MAKIPAA Policy Department Economy and Science DG Internal Policies European Parliament Rue Wiertz 60 - ATR 00L042 B-1047 Brussels Tel: +32 (0)2 283 26 20 Fax: +32(0)2 284 69 29 E-mail: [email protected] Manuscript completed in August 2008. The opinions expressed in this document do not necessarily represent the official position of the European Parliament. Reproduction and translation for non-commercial purposes are authorised provided the source is acknowledged and the publisher is given prior notice and receives a copy. Rue Wiertz – B-1047 Bruxelles - 32/2.284.43.74 Fax: 32/2.284.68.05 Palais de l‘Europe – F-67000 Strasbourg - 33/3.88.17.25.56 Fax: 33/3.88.36.92.14 E-mail: [email protected] IP/A/ECON/NT/2008-10 PE 408.550 Table of Contents 1. The Data on Financial Institutions in EU27 ......................................................................1 2. Largest Financial Institutions in Europe (Tables 1-5) .......................................................2
  • Report on Environmental and Social Responsibility 07

    Report on Environmental and Social Responsibility 07

    Report on Environmental and Social Responsibility 07 The bank for a changing world CONTENTS Statement from the Chairman and Chief Executive Officer 2 Compliance within BNP Paribas 81-86 Key figures 3-4 Dedicated teams 82-84 Group's activities in 2007 5-73 • Up-to-date standards 83 • Monitoring financial security mechanisms 83-84 Corporate & Investment Banking 6-21 Business continuity 85-86 Advisory and Capital Markets 11-16 • Organisation of continuity efforts 85 • Equities and Derivatives 11-12 • Operational management of business continuity plans 85-86 • Fixed Income 13-14 BNP Paribas and its stakeholders • Corporate Finance 15-16 87-158 Financing businesses 17-21 Organised dialogue with stakeholders 88-89 • Specialised Finance 17-19 Shareholder information 90-99 • Structured Finance 20-21 Human Resources development 100-126 French Retail Banking 22-33 • Group values underpinning HR management 100 • Human Resources policy framework 101-103 • Individual clients 25-27 • Key challenges of human resources management 104 • Entrepreneurs and freelance professionals 28-29 • Clearly identified operational challenges 105-126 • Corporate and institutional clients 30-32 • After-sales organisation 33 Relations with clients and suppliers 127-137 International Retail Services 34-47 • A closely-attuned relationship 127-132 • Socially Responsible Investment 132-136 • Personal Finance 37-38 • Supplier relations 137 • Equipment Solutions 39-40 Impact on the natural environment 138-150 • BancWest 41-42 • Areas 138-140 • Emerging Markets 43-47 • Levers
  • F. Van Lanschot Bankiers N.V. Credit Update

    F. Van Lanschot Bankiers N.V. Credit Update

    F. van Lanschot Bankiers N.V. Credit Update May 2013 Content Profile of Van Lanschot 2012 annual results and Q1 2013 trading update Funding and liquidity 1 1 Executive summary Profile of Van Lanschot Key financials Who•The weoldest are independent bank in the Netherlands with Q1 2013 FY 2012 history dating back more than 275 years Core Tier 1 ratio (%) 11.9% 11.0% •A relationship-oriented bank, with genuine personal Funding ratio (%) 83.1% 84.4% attention, whereby the interests of the client really do What we do Leverage ratio (%) 7.4% 7.5% come first Client assets (€) 53.0 billion 52.3 billion •Local visibility with 34 offices and client meeting centres Underlying profit (€) 26.3 million 2 million in the Netherlands, Belgium and Switzerland What sets us apart Strategy Financial targets 2017 •Our objective is to preserve and create wealth for clients Core Tier I ratio > 15% •We choose to be a pure-play, independent wealth manager Return on Core Tier I equity of 10-12% •We strongly believe that wealth management offers attractive growth opportunities and that we have inherent Cost-income ratio of 60-65% and distinctive strengths •Private banking, asset management and merchant 2 banking are the areas in which we excel 2 Evolution into an independent Private Bank 1737 2013 1737 29-6-1999 30-9-2004 1-1-2007 14-05-2013 Established as Listed on Acquisition Acquisition Strategic Review: a trading Euronext CenE Bankiers Kempen & Co focus on private house in Amsterdam banking, asset ‘s-Hertogenbosch management and merchant banking • Our objective
  • Dutch Institutional Investors and Climate Change

    Dutch Institutional Investors and Climate Change

    Dutch Institutional Investors and Climate Change Becoming part of the solution Colofon Lead Jacqueline Duiker Stijn Eekhof Mart van Kuijk Nina van Dam Utrecht, the Netherlands November 2019 More information Jacqueline Duiker Senior Manager [email protected] +31 (0) 30 234 00 31 This report has been made possible thanks to the contribution of The Shared Resources Joint Solutions programme. 2 Ranking RANKING DUTCH INSTITUTIONAL INVESTORS ON CONSIDERATION OF CLIMATE CHANGE RISKS AND OPPORTUNITIES 79 Institutional investors representing €1,48 trillion in assets under management 2,9 average score: Pension funds 3,4 & Insurance companies 1,9 a.s.r. Pensioenfonds ABP Pensioenfonds Metaal en Techniek (PMT) Bpf voor de Bouwnijverheid (bpfBOUW) Pensioenfonds PGB Pensioenfonds van de Metalektro (PME) Pensioenfonds Zorg en Welzijn (PFZW) Pensioenfonds voor de Woningcorporaties (SPW) Achmea VIVAT Bpf voor het Schilders- Afwerkings- en Glaszetbedrijf BPL pensioen Aegon Spoorwegpensioenfonds Pensioenfonds Horeca & Catering Algemeen Pensioenfonds Unilever Nederland: kring progress NN Ahold Delhaize Pensioen SBZ Pensioen Pensioenfonds SNS REAAL Scildon Pensioenfonds UWV Pensioenfonds PostNL Pensioenfonds KPN Pensioenfonds Openbaar Vervoer (SPOV) Pensioenfonds Werk- en (re)integratie Alianz Menzis Bpf voor het Levensmiddelenbedrijf Bpf voor het Bakkersbedrijf Bpf voor de Media PNO (PNO Media) Pensioenfonds Achmea Pensioenfonds DSM Nederland Bpf voor de Detailhandel Philips Pensioenfonds Shell Pensioen Fonds (SSPF) Bpf voor de Meubelindustrie en
  • Convertible Weekly: Focus on Financials and Energy

    Convertible Weekly: Focus on Financials and Energy

    Convertible Bond Research 4 February 2013 Convertible Weekly Volatility returns CB InsightTM Revisiting financial convertibles: After a buoyant period for returns and issuance, today’s https://live.barcap.com/keyword/ selloff follows some jitters and profit-taking last week. We now ask whether this bout of CBINSIGHT Our online convertibles portal, providing volatility will be sustained or transient. Although our strategists remain constructive on risky interactive analytical tools, market data assets and recommend the financials sector in both equities and credit, albeit mostly for and research core euro area subordinated debt, last week’s SNS REAAL nationalisation also raises concerns. We take the opportunity to survey financial convertibles, which offer a variety of Angus Allison equity, credit and structure risks. Our preferences include the Ageas FRESH, BES - Bradescos, +44 (0) 20 7773 5379 [email protected] Fortis CASHES, and Temasek - Standard Chartered. Barclays, London Also in this Weekly: Our equity strategist believes Oil & Gas is well positioned to benefit Luke Olsen in a shift from bonds to equities; we provide a screen of these bonds. The convexity +44 (0) 20 7773 8310 profile of Parpublica – Galp ‘17 makes it preferable to ENI – Galp ‘15. However, we [email protected] believe there is merit in diversifying between the bonds but recommend a slightly Barclays, London higher allocation towards the former. Kim Berg Upcoming action dates: Altran ’15 and Clariant ’14 are very close to becoming +44 (0)20 3555 0289 callable; KfW --- Deutsche Post ’14, Atos ‘16, Subsea 7 ‘13 and Eurazeo --- Danone ‘14 [email protected] remain just below their triggers.
  • ING Group Sustainability Report 2013

    ING Group Sustainability Report 2013

    ING Group Sustainability Report 2013 Simpler, stronger, sustainable 1 Contents Contents in this report ABOUT THis REPORT 2 6 Improving environmental performance 60 I Our approach to sustainability reporting 3 6.1 Improving environmental performance: at a glance 61 II Performance data 4 6.2 Driving efficiency 62 III Q&A CEO 5 6.3 Sustainable procurement 64 IV Q&A Global Head of Sustainability 7 6.4 Monitoring and reporting environmental performance 66 OVERVIEW 8 6.5 Progress report 70 1.1 Company overview 9 7 Engaging our employees 71 2 Our strategic approach to sustainability 11 7.1 Engaging our employees: at a glance 72 2.1 Sustainability at ING 12 7.2 Being a responsible employer 73 2.2 What matters most to us: materiality 14 7.3 Building a professional and accountable culture 75 2.3 Stakeholder engagement 17 7.4 Promoting an inclusive and balanced culture 77 2.4 Our sustainability roadmap 22 7.5 Measuring our performance as an employer 79 DELIVERING ON OUR COMMITMENTS 23 7.6 Progress report 80 3 Our sustainability performance 24 8 Creating positive change in communities 84 3.1 Progress report 25 8.1 Creating positive change in communities: at a glance 86 3.2 External review of ING’s sustainability performance 27 8.2 Educating children 87 4 Enhancing customer centricity 28 8.3 Promoting financial empowerment 4.1 Enhancing customer centricity: at a glance 29 and entrepreneurship 89 4.2 Putting customers’ interest first 30 8.4 Support for local themes 91 4.3 Helping customers manage their financial future 32 8.5 Progress report 93 4.4
  • Climate Statement Banks Update 2019

    Climate Statement Banks Update 2019

    ABN AMRO, BNG Bank, ING, NIBC, NWB Triodos Bank are energy positive and both Climate Statement Banks In addition to the earlier Standard Contract Mission 2030, the bank aims for an average Bank, Rabobank, Triodos Bank and de designs received the highest sustainability Solar Panels, the NVB will soon publish energy label A for real estate. Triodos Bank Volksbank are climate neutral in their business certification: BREEAM Outstanding. When the Update 2019 two other versions for lease arrangements provides mortgage loans to the residents operations. ABN AMRO aims to have all of its NIBC head office was renovated, the building and for companies on leasehold land of Schoon schip - the most sustainable own buildings meet the Paris Proof norm (a went from energy label G to A. BNG Bank subject to ground rent. This will simplify residential district in Europe. De Volksbank maximum energy consumption of 50 kWh per significantly reduced its own CO2 footprint in We, the banks in the Netherlands, united in the Dutch the financing of solar panels on the roofs of brands formulated a common vision on m²) by 2030. The new head offices of ING and 2018 by 12%. Banking Association (NVB): commercial property. ABN AMRO introduced sustainable housing, as a contribution to the Sustainable Home Mortgage. In its green living in the Netherlands. are transparent regarding the climate impact of our business operations and are working on constantly improving energy ASN Bank and ASN Investment Funds are in the Dutch province of Zeeland, which efficiency 118% climate neutral. In addition, ASN will provide energy to 825,000 households ABN AMRO, Rabobank and de Volksbank level in setting up energy cooperatives for Bank is probably the first bank in the world in 2021.
  • Van Lanschot Kempen

    Van Lanschot Kempen

    Van Lanschot Credit Update SEPTEMBER 2012 - Profile of Van Lanschot - 2012 half-year results - putting solidity before profit - The best Private Bank in the Netherlands and Belgium - Funding and liquidity 1 Evolution into an independent Private Bank 1737 2012 1737 29-6-1999 30-9-2004 2006 1-1-2007 30-11-2007 2012 Established as Listed on Acquisition Strategy to be the Acquisition Sale of 51% of Sale of Van Lanschot a trading Euronext CenE Bankiers best Private Bank Kempen & Co insurance arm Curacao and trust house in Amsterdam in the Netherlands to De Goudse activities ‘s-Hertogenbosch and Belgium Van Lanschot aims to be the best Private Bank in the Netherlands and Belgium • Van Lanschot’s strategy is focused on offering high quality financial services • Van Lanschot has a solid capital base, strong funding and liquidity position • Van Lanschot has offices in the Netherlands and Belgium and also has a presence in Switzerland (Zurich and Geneva), Edinburgh and New York 2 Van Lanschot: a local and authentic bank • Widespread presence in the Netherlands and Belgium • Around 15% market share in the Private Banking market making it the number 2 player in the Netherlands and Belgium • Almost 2,000 employees • International Private Banking concentrated in Switzerland • Target client groups: - wealthy individuals - entrepreneurs and their businesses - business professionals and executives - charitable associations - institutional investors 3 Van Lanschot is unique compared with other banks Predominantly retail banking Extensive branch network
  • Building Highways to SDG Investing Report

    Building Highways to SDG Investing Report

    Building Highways to SDG Invesing Invitation to collaborate on a Dutch susainable development invesing agenda December, 2016 ABBREVIATIONS “We invite the Dutch government and DNB to 2015 Agreements The 2030 Agenda for Susainable Development, the Addis Ababa Acion Agenda and the Paris Agreement on Climate Change collaborate with the undersigned to continue 2030 Agenda The 2030 Agenda for Susainable Development by the United Nations to take acion in support of the 2030 Agenda ACM Authority Consumer and Market AFM Autoriteit Financiële Markten DNB De Nederlandsche Bank / Dutch Central Bank for Susainable Development.” ECI Export Credit Insurance EMIR European Market Infrasrucure Regulation ESG Environmental, Social, Governance FIN Financial secor FTK Financieel Toetsingskader SDGI Signatories GIIN Global Impac Invesing Network GOV Government HLPF High-Level Political Forum I&M Infrasrucure and Environment OECD Organization for Economic Cooperation and Development REG Regulator SDG(s) Susainable Development Goal(s) / Global Goal(s) for Susainable Development SDGI initiative Susainable Development Goals Invesing Initiative SME Small-Medium Sized Enterprises TOSSD Total Ofcial Support for Susainable Development WG Working Group DISCLAIMER All information provided in this document is for information purposes only and is not, and does not consitute or intend to consitute, invesment advice or any invesment service as referred to in the Ac on Financial Supervision. 3 In 2015, world leaders from all secors signed of on three major susainability mandates - the 2030 Susainable Development Agenda, the Addis Ababa Acion Agenda, and the Paris Agreement on Climate Change. The 2015 Agreements provide a comprehensive, global srategy towards a fair, sable and susainable society. 4 5 INVITATION INVITATION Our Invitation Our world is in flux.
  • Banks' Climate Commitment 2020

    Banks' Climate Commitment 2020

    Banks’ climate commitment 2020 Insight into measurement methods and climate actions of the banking sector The Dutch financial sector (banks, pension funds, insurers and asset managers) contributes extensively to the government’s climate objectives. These climate objectives were drawn up to reduce greenhouse gas emission by 49% in 2030 compared to 1990 in a cost-effective way. More than 50 financial institutions have committed themselves to report on the climate impact of their relevant financing and investments activities from the 2020 financial year onwards. Moreover, financial institutions will announce their action plans and reduction targets that contribute to the Paris Agreement by no later than 2022. Banks have taken up the challenge energetically, both individually and as a sector. This overview presents examples of joint initiatives from the banking sector. The overview also provides examples of how different banks are already utilising measurement methods. As recently demonstrated, more than half of the financial institutions that signed the Climate Commitment already (partially) report CO2 emissions. Finally, the overview presents examples of the efforts of individual banks. 2021 will see the publication of a sector report that will provide more insight into the financial sector as a whole. Examples of joint initiatives in the banking sector • With the Sustainable Housing Sector Collective, mortgage advisers are offered a Sustainable Housing Adviser training course to better promote the importance of making people's homes sustainable. • The Climate Risk Working Group, united under the Sustainable Finance Platform, published an anthology in which they describe how they manage climate risks in their portfolios and the major insights and challenges involved.
  • Biodiversity Opportunities and Risks for the Financial Sector

    Biodiversity Opportunities and Risks for the Financial Sector

    Biodiversity Opportunities and Risks for the Financial Sector Working Group Biodiversity June 2020 The Sustainable Finance Platform This report is a reflection of the deliberations of the Biodiversity Working Group set up under the auspices of the Sustainable Finance Platform. The working group consists of Actiam, APG, ASN Bank, a.s.r., FMO, Rabobank, Robeco, Ministry of Agriculture, Nature and Food Quality, Erasmus University Rotterdam and is sponsored by NWB Bank. The Sustainable Finance Platform is a cooperative venture of De Nederlandsche Bank (chair), the Dutch Banking Association, the Dutch Association of Insurers, the Federation of the Dutch Pension Funds, the Dutch Fund and Asset Management Association, Invest-NL, the Netherlands Authority for the Financial Markets, the Ministry of Finance, the Ministry of Economic Affairs and Climate, and the Sustainable Finance Lab. Platform members meet twice a year to forge cross-sectoral links, to find ways to prevent or overcome obstacles to sustainable funding and to encourage sustainability by working together on specific topics. The Sustainable Finance Platform fully supports this paper. However, the practices and advice described herein are in no way binding for the individual financial institutions comprising the industry organizations which are members of the Platform, nor are they committed to take any specific follow-up actions. Furthermore, this paper outlines private sector initiatives and as such does not contain any supervisory requirements. 2 Index Executive Summary 4 Foreword 5 Introduction 6 1 The Value of Biodiversity 7 2 Why is Biodiversity Relevant for Financial Institutions? 9 3 Humanity’s Negative Impact on Biodiversity 14 4 Opportunities for People, Planet and Profit 16 5 What Steps Can Financial Institutions Take? 19 6 Partner Best Practices 21 6.1 Case Study Actiam 22 6.2 Case Study APG 24 6.3 Case Study ASN Bank 26 6.4 Case Study a.s.r.