ASN Bank

Bank in the Netherlands

ASN Bank

Industry	Financial services
Founded	1960
Headquarters	The Hague, Netherlands
Revenue	€3.892 billion (2006)
Net income	€6.8 million (2006)
Parent	De Volksbank
Website	www.asnbank.nl

ASN Bank is a former Dutch bank, now a brand name for some consumer banking operations by de Volksbank. ASN focusses on socially responsible and sustainable investments.

ASN Bank was founded on May 1, 1960, by the union of Federatie Nederlandse Vakbeweging (Federation Dutch Labour Union) (FNV) and the insurance company de Centrale (now Reaal insurances). Until the 1990s it was possible to open an ASN savings account through the Postbank, which were known as 'vakbondsspaarrekeningen' (union savings accounts).^{[citation needed]}

ASN Bank is currently the second largest sustainability-driven bank in the Netherlands, and was elected as the second most climate-friendly bank in the Netherlands (in both instances behind Triodos Bank).^[1]

ASN Bank has experienced rapid growth in recent years, in terms of the number of customers, in terms of assets entrusted to the bank, etc. Net profit has risen sharply since 2009, mainly due to the higher interest margin, the difference in interest on the borrowed and lent money. In the period from 2009 to 2013, ASN Bank's contribution to social partners and the ASN Foundation increased from 0.6 million euros to 2.6 million.^{[citation needed]}

References

^ "Klanttevredenheid banken in kaart | Consumentenbond". 2011-10-20. Archived from the original on 2011-10-20. Retrieved 2022-06-06.

Financial services companies of the Netherlands

History

Financial history of the Dutch Republic

Banks

Bancassurance	ING Group Rabobank De Volksbank
Other Banks	ABN Amro Alex ASN Bank Amsterdam Trade Bank Bank Nederlandse Gemeenten Binck Bunq De Lage Landen ELQ Hypotheken Friesland Bank Nederlandse Waterschapsbank NIBC Bank Postbank SNS Bank Sparck Triodos Bank
Private banks & asset management	APG Insinger de Beaufort Kempen & Co MeesPierson Oyens & van Eeghen Robeco Schretlen & Co Staalbankiers Theodoor Gilissen Bankiers Van Lanschot Kempen