NIBC Bank
Management
Country Manager: Ed Langendam
The NIBC Bank N.V. is a Dutch bank. It provides in the Benelux countries and in Germany the power spectrum of a commercial bank by a combination of advice, financing and joint investment and services in specialized finance in the sectors of shipping, oil & gas services, infrastructure & renewables and real estate. The parent company is the NIBC Holding N.V.
History
The bank was as dead Financiering Maatschappij van Nationaal production ( German: Society for the financing of national reconstruction ) founded in 1945 by the Dutch government and served to finance reconstruction projects after the Second World War. In 1971, the Bank was in De Nationale Investeringsbank NV (NIB; German: National Investment Bank) renamed and finally went public in 1986.
In 1999, the listing has ended and the Bank acquired by a joint venture between the world's largest pension funds ( ABP, PGGM ) and NIB Capital Bank NV renamed (15 percent of the shares remained until 2004 when the Dutch government). Since 2005, NIBC Bank is owned by a shareholder consortium around the financial investor JC Flowers & Co. LLC, which include, inter alia, the Banco Santander Central Hispano, Delta Lloyd and ABN AMRO. NIB Capital Private Equity has been separated in the acquisition, and since its under the name AlpInvest Partners.
In August 2007, NIBC and the Icelandic Kaupthing Bank announced that Kaupthing NIBC would take over for 2.99 billion euros - with the exception of the loss-making investments of NIBC in the U.S. subprime mortgage market. Due to the financial crisis in 2007, the negotiations broke down in January 2008.
On 28 November 2008 it was announced that the bank has to give out due to the negative credit bonds that are covered by a guarantee from the Dutch government in the amount of up to one billion euros ..
On 9 March 2010, the Bank had published its year-end figures for 2009 and was able to report a net profit of 44 million euros for the year 2009. The profit had doubled in the second half of 2009 compared to the first half of the year. In the second half of the year also new business has tripled in the loan area compared to the first half of the year. In March, the NIBC Bank issued a RMBS securitization again. The total amounts to 750 million euros, with Dutch financing of housing as collateral.
End of March 2013 ordered the bank via a "Tier 1 ratio " ( core capital ratio ) of 14.9 % and a BIS ratio ( Bank of International Settlements ) of 19.1 %.
The head office of the bank is in The Hague in the Netherlands. Other locations are Brussels, Frankfurt, London and Singapore. In Germany, NIBC Bank employs approximately 70 employees.
NIBC Direct
Since 3 February 2009, the Dutch credit institution in Germany under the name of NIBC Direct investment products for private customers in the form of money market accounts and time deposits in the Internet. Since December 2009, NIBC Direct offers an additional six youth - fixed deposit accounts for savers under 18 years old and since December 2010 so-called combi -money accounts, a mixture of day and time deposits. The deposits, which are intended to broaden the funding base of the Bank are protected by the Dutch Deposit Guarantee.
In July 2011, NIBC Direct expanded their offerings to a depot and since then has access to all German trading centers.
The direct banking business NIBC Bank N.V. launched in the Netherlands in September 2008. since the end of December 2011, NIBC Direct is also represented in Belgium.
NIBC Direct decreed 30 June 2013 a total of 8.3 billion euro deposits, thus making 34 % of the total bank funded from.