Banks in the Netherlands
The Dutch banking sector is dominated by a few large banks which account for approximately 80% of market share. Currently, there are over 70 banks operating in the Netherlands including 49 foreign banks. The big three Dutch banks are ING, Rabobank and ABN AMRO. De Nederlandsche Bank (DNB) is the central bank of the country. Below is a list of the largest and best banks in the Netherlands. The top five Dutch banks hold combined assets of around €2.2 trillion.
Top 5 Banks in the Netherlands
| Rank | Name | Total Assets, EUR b |
| 1 | ING Group | 967.818 |
| 2 | Rabobank | 628.513 |
| 3 | ABN AMRO Bank | 379.581 |
| 4 | BNG Bank | 112.074 |
| 5 | NWB Bank | 73.285 |
* Total assets as of December 31, 2022
ING Bank
ING Bank N.V., headquartered in Amsterdam, is the largest Dutch bank in terms of total assets. It is an international financial services provider with over 59,000 employees in 40 countries. It provides a wide array of retail, wholesale and investment banking services to more than 38 million customers worldwide. The company is the market leader in the Netherlands, Belgium and Luxembourg.
Rabobank
Rabobank, based in Utrecht, is the second largest Dutch bank in terms of total assets. It is a cooperative banking group operating across all financial markets in the country. It provides a comprehensive range of products and services through 146 domestic retail branches and 84 local Rabobanks. It also has an international presence in 36 countries with a focus on the food and agri sector.
ABN AMRO
ABN AMRO Bank N.V., founded in 1991, is the third largest bank in the Netherlands with more than 5 million retail customers. The company's business areas include Personal and Private Banking, Commercial Banking, and Corporate & Institutional Banking. The Bank offers current and savings accounts, personal and business loans, mortgages, car, home and life insurance, investments, credit cards, online banking, wealth management, tailor-made payment solutions and other services. The company maintains a network of 77 branches across the country.
BNG Bank
BNG Bank N.V. (Bank Nederlandse Gemeenten) is a provider of customised fianacial services for publicly owned organizations such as municipalities, housing associations, health care institutions and public utilities. It provides lending, funds transfers, advisory & consulting and payment and electronic banking services. BNG Bank is the safest bank in the Netherlands according to Global Finance.
NWB Bank
Nederlandse Waterschapsbank N.V. (NWB Bank), established in 1954, is a national promotional bank with a focus on water and sustainability. It provides short-term and long-term finance to local authorities, provinces and public institutions. It is the fifth largest Dutch bank in terms of total assets and one of the most cost-efficient financial institutions under the supervision of ECB.
De Volksbank
De Volksbank NV is a Dutch retail bank offering deposit products, credit cards, personal and home loans, insurance, investments, payment services, and online banking to individuals and SMEs. The company operates under various brands comprising SNS, ASN Bank, BLG Wonen and RegioBank. De Volksbank was previously known as SNS Bank and received its current name in 2017. Headquartered in Utrecht, it serves over 3.3 million customers and employs more than 3,000 people.
NIBC Bank
NIBC Bank N.V. is a Dutch commercial bank established in 1945 and is headquartered in The Hague. With over 730 FTE employees, it offers corporate and retail banking services in the Netherlands, Belgium, Germany and the UK. For corporate customers, it focuses on asset-backed transaction financing in the fields of Commercial Real Estate, Digital Infrastructure, Shipping and Specialty finance.
Van Lanschot Kempen
Van Lanschot Kempen N.V., founded in 1737, is the oldest financial organization in the country. With approximately 1,650 employees, it provides private banking, asset management, merchant banking, mortgages and pension and insurance products. As of December 2023, the company had total client assets of €145 billion and assets under management (AUM) of €128 billion.
Triodos Bank
Triodos Bank N.V., headquartered in Zeist, is an ethical bank established in 1980. It provides personal, business and private banking services as well as investment management through branches in the Netherlands, Belgium, Spain, Germany and the UK. The company employs approximately 1,600 staff.
Aegon Bank
Aegon Bank N.V. is an online retail bank incorporated and domiciled in the Netherlands. With over 380 employees, it operates mainly under the Knab brand. The company offers high-quality investment and savings products with focus on clients whose income and wealth in the middle segment. It operates as a division of Aegon Nederland NV.
Achmea Bank
Achmea Bank N.V., located in Tilburg, provides a wide range of savings and mortgage products through the Centraal Beheer and Woonfonds brands. It operates as a subsidiary of Achmea Group, the biggest insurance company in the Netherlands.
Related articles: Foreign Banks in the Netherlands
Popular online / mobile banks in the Netherlands
Bunq B.V. is a mobile bank offering a range of monthly plans for both individuals and business customers.
Revolut is the largest neobank in Europe with over 35 million customers.
Knab is a subsidiary of Aegon.
N26 is a 100% mobile bank offering current account plans with physical and virtual debit cards.
Other Banks in the Netherlands
Anadolubank Nederland N.V.
Bank Mendes Gans N.V., a member of the ING Group, specializes in cash management for international companies.
Bank ten Cate & Cie N.V. is an independent Dutch private bank with a strong focus on asset management. The company was founded in 1881 and employs over 60 people.
BinckBank N.V. is an online bank providing trading, investing and saving solutions. It operates as a subsidiary of Saxo Bank.
Brand New Day Bank N.V. is a digital neobank providing savings, investment and pension products.
Credit Europe Bank N.V. (CEB), headquartered in Amsterdam, provides corporate and retail banking services. It is owned by FIBA Group, a Turkish financial holding company.
Demir-Halk Bank (Nederland) N.V. (known as DHB Bank N.V.)
FMO, headquartered in Hague, is a public-private development bank under the supervision of DNB (Dutch Central Bank).
Friesland Bank, established in 1913, was a retail bank focused on the northern provinces including Groningen, Drenthe, North Holland, Friesland and Overijssel. It was acquired by Rabobank in 2012.
GarantiBank International N.V. (GBI)
LeasePlan Corporation N.V., founded in 1963, provides vehicle leasing solutions. It is a world leader in automotive fleet management with more than 1.6 million cars under management in 30 countries.
Yapi Kredi Bank Nederland N.V. is a subsidiary of Turkish financial institution Yapı ve Kredi Bankası A.S.
Last updated March 17, 2024