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De Volksbank
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1817 (208 Years)
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know De Volksbank
Company Information
Get to know De Volksbank
De Volksbank is an independent, purely Dutch bank holding company with four distinctive brands that is close to its customers. They are a bank with a focus on the Dutch market, offering simple and transparent mortgage, savings and payment products to private individuals. De Volksbank also offers insurance, investment and lending services through its brands and serves smaller companies in a retail manner. De Volksbank is a family of bank brands (ASN Bank, BLG Wonen, RegioBank and SNS) with a particular focus on the Dutch retail market, including small and medium-sized businesses. The four brands each have their own identity and image and a single back office and IT organisation. De Volksbank aims to meet the specific financial needs of its brands’ customers in a people-oriented, efficient and sustainable manner. To this end, its product range consists of three core product groups: payments, mortgages and savings. De Volksbank has a balance sheet total of approximately € 61 billion and 3,200 employees (FTEs), which makes it a major player in the Dutch retail market. De Volksbank’s head office is located in Utrecht.
Industry
- Financial BankingPRIMARY
- Financial Insurance
- Financial Other Service
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