De Nederlandsche Bank (DNB) is the central bank of the Netherlands. The Bank forms part of the European System of Central Banks (ESCB), but many banking supervisory rules are drawn up at the international level.
The Bank shall hold and manage the official foreign reserves, and shall conduct foreign-exchange operations, collect statistical data and produce statistics, contribute to the definition and implementation of monetary policy within the European Community (EC), promote the smooth operation of payment systems, supervise banks, investment institutions and exchange offices.
French Bank to Repay Government Bailout - 14.10.2009 Crédit Agricole, the French bank, said Wednesday that it would repay the €3 billion of debt the government bought last December, becoming the latest big bank to pay back a bailout. Source: New York Times
Card fraud in the UK falls by 23% - 08.10.2009 The amount of money being lost through card fraud fell by 23% in the first half of the year in the UK, as criminals changed their strategies and prevention measures began to take effect, according to figures published today. Source: Guardian.co.uk
The trend: large banks will acquire smaller banks - 18.09.2009 KBW Inc., the New York-based boutique that advises financial institutions, expects 500 to 1,000 U.S. banks to fail by 2011, Chief Executive Officer John Duffy said. Source: Bloomberg
Colonial Banc Group declares bankruptcy - 15.08.2009 Colonial became the largest US bank to fail this year after it was declared bankrupt and had the bulk of its assets taken over by rival BB&T, the government banking insurer said Friday. Source: Agence France-Presse
Fighting economic crisis in U.K. - 27.07.2009 Current economic difficulties in U.K. were caused by global financial crises and have resulted into the following changes in the country's economy in 2007-2008: Source: BanksDaily.com
The European Central Bank injects €442 billion into banking system - 25.06.2009 The European Central Bank (ECB) allotted €442 billion to banks for 12 months, the biggest amount it has ever given in a single auction. The amount was more than most economists had expected. Source: RTTNews
De Nederlandsche Bank (DNB) is the central bank of the Netherlands. The Bank forms part of the European System of Central Banks (ESCB), but many banking supervisory rules are drawn up at the international level.
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