Retail Banks in the Netherlands

13 November 2019

With high standard of living in the Netherlands making it an favorable investment and private banking destination for both domestic and foreign banking groups, retail banking in the Netherlands remains an important component of its banking sector. Retail banks are largely represented by domestic banks with foreign-controlled banks having a relatively small share. About half of the retail banks offer their products via the Internet, while there are also several pure direct banks.

List of Retail Banks

Business Focus
universal banking
Country of Origin
NL Netherlands
Rating
 (2.7)
Business Focus
universal banking
Country of Origin
NL Netherlands
Rating
 (2.6)
Business Focus
universal banking
Country of Origin
NL Netherlands
Rating
 (1.0)
Business Focus
retail banking
Country of Origin
NL Netherlands
Rating
 (4.0)
Business Focus
retail and corporate banking
Country of Origin
NL Netherlands
Rating
 (4.2)
Business Focus
retail banking
Country of Origin
NL Netherlands
Rating
 (2.6)
Business Focus
retail banking
Country of Origin
NL Netherlands
Rating
n/a
Business Focus
retail banking
Country of Origin
GB United Kingdom
Rating
n/a
Business Focus
regional retail banking
Country of Origin
NL Netherlands
Rating
 (2.3)
Business Focus
retail and corporate banking
Country of Origin
TR Turkey
Rating
 (3.4)
Business Focus
retail and corporate banking
Country of Origin
SE Sweden
Rating
n/a
Business Focus
retail and corporate banking
Country of Origin
GB United Kingdom
Rating
 (3.0)
Business Focus
retail and corporate banking
Country of Origin
ES Spain
Rating
n/a
Business Focus
direct retail banking
Country of Origin
NL Netherlands
Rating
 (4.4)
Business Focus
banking for Moroccan community
Country of Origin
MA Morocco
Rating
 (2.8)
Business Focus
banking for Moroccan and Tunisian community
Country of Origin
MA Morocco
Rating
 (1.3)
Business Focus
retail banking
Country of Origin
NL Netherlands
Rating
 (4.0)
Business Focus
retail and corporate banking
Country of Origin
NL Netherlands
Rating
 (3.3)
Business Focus
retail banking
Country of Origin
NL Netherlands
Rating
 (4.0)
Business Focus
retail banking
Country of Origin
BE Belgium
Rating
 (2.5)
Business Focus
retail banking, insurance
Country of Origin
NL Netherlands
Rating
n/a

ING Bank NV

Rank by Total Assets
1
Customer Rating
 (2.7; 28 ratings)
Country of Origin
NL Netherlands

ING Bank is a member of ING Group, a financial company specializing in insurance and banking. ING Bank is a universal bank offering a wide range of products and services to individuals, families, small businesses, large corporations, financial institutions, governments, public and private institutions and supranational bodies. ING Bank is a market leader in "Benelux" countries (the Netherlands, Belgium and Luxembourg) where it currently has strong market positions in retail and commercial banking.

ING Bank NV provides products and services in the areas of retail banking, private banking, commercial banking, corporate banking, insurance. ING Bank NV offers a range of products including current accounts, debit cards, credit cards, savings accounts, time deposit accounts, investment funds, retirement plans, consumer loans (7.90 - 7.90 %), car loans (9.20 - 9.20 %), revolving credit, overdrafts, mortgage loans.

ING Bank NV is the 1st largest bank in the Netherlands in terms of total assets. In 2019 its total assets were 891,91 bln EUR. In 2019 the bank's net income was 4 843,00 mln EUR.

How to Open Account in ING Bank NV

Opening an account in ING Bank NV can be done in a few steps:
1.
Submit online application


Required Documents

passport
proof of address

Identity Verification

n/a

While onboarding a private individual ING Bank NV will ask him/her to provide the following documents: passport; proof of address. For corporate clients ING Bank NV will ask to provide corporate documentation as well as information about controlling persons. ING Bank NV may request additional documentation or information depending on the case.

Remote Access

Remote access to the account is possible via online banking.

Coöperatieve Rabobank U.A.

Rank by Total Assets
2
Customer Rating
 (2.6; 15 ratings)
Country of Origin
NL Netherlands

Coöperatieve Rabobank U.A. (commonly known as Rabobank Nederland) was established in 1898 as a rural credit cooperative and is a head bank of Rabobank Group, an international financial services provider, active in the areas of banking, asset management, leasing, insurance and real estate. Rabobank Nederland provides a wide range of retail banking products and services to individuals and business customers.

Coöperatieve Rabobank U.A. provides products and services in the areas of retail banking, private banking, business banking, corporate banking, wholesale banking, asset management, insurance. Coöperatieve Rabobank U.A. offers a range of products including current accounts, debit cards, credit cards, savings accounts (0.01 - 0.10 %), time deposit accounts, investment funds, pension plans, consumer loans (7.55 - 7.55 %), mortgage loans, car loans (7.80 - 7.80 %).

Coöperatieve Rabobank U.A. is the 2nd largest bank in the Netherlands in terms of total assets. In 2019 its total assets were 590,60 bln EUR. In 2019 the bank's net income was 2 203,00 mln EUR.

How to Open Account in Coöperatieve Rabobank U.A.

Opening an account in Coöperatieve Rabobank U.A. can be done in a few steps:
1.
Book an appointment
2.
Visit bank branch


Required Documents

passport
proof of address

Identity Verification

branch visit

While onboarding a private individual Coöperatieve Rabobank U.A. will ask him/her to provide the following documents: passport; proof of address. For corporate clients Coöperatieve Rabobank U.A. will ask to provide corporate documentation as well as information about controlling persons. Coöperatieve Rabobank U.A. may request additional documentation or information depending on the case. Coöperatieve Rabobank U.A. performs client's identity verification via branch visit.

Remote Access

Remote access to the account is possible via online banking.

ABN AMRO Bank NV

Rank by Total Assets
3
Customer Rating
 (1.0; 1 ratings)
Country of Origin
NL Netherlands

ABN AMRO Bank serves retail, private and corporate banking clients with a primary focus on the Netherlands. ABN AMRO Bank is one of the largest banks of the Netherlands. The bank also conducts selected operations internationally. ABN AMRO Bank offers a comprehensive range of products and services via multichannel distribution including mobile applications and internet banking. In particular, MoneYou is a subsidiary of ABN AMRO Bank, specialising in online financial services (savings, mortgages and consumer loans) for retail clients and also offering savings products outside the Netherlands (Germany, Belgium and Austria). ABN AMRO Bank NV is the head bank of ABN AMRO Group (Netherlands).

ABN AMRO Bank NV provides products and services in the areas of retail banking, private banking, business banking, corporate banking, institutional banking, insurance. ABN AMRO Bank NV offers a range of products including current accounts, debit cards, credit cards, savings accounts, time deposit accounts, investment funds, consumer loans, mortgage loans. ABN AMRO Bank NV makes its solutions available to private individuals, companies.

ABN AMRO Bank NV is the 3rd largest bank in the Netherlands in terms of total assets. In 2019 its total assets were 375,05 bln EUR. In 2019 the bank's net income was 2 046,00 mln EUR.

How to Open Account in ABN AMRO Bank NV

Opening an account in ABN AMRO Bank NV can be done in a few steps:
1.
Book an appointment
2.
Visit bank branch


Required Documents

passport
proof of address

Identity Verification

branch visit

While onboarding a private individual ABN AMRO Bank NV will ask him/her to provide the following documents: passport; proof of address. For corporate clients ABN AMRO Bank NV will ask to provide corporate documentation as well as information about controlling persons. ABN AMRO Bank NV may request additional documentation or information depending on the case. ABN AMRO Bank NV performs client's identity verification via branch visit.

Remote Access

Remote access to the account is possible via online banking.

de Volksbank NV

Rank by Total Assets
4
Customer Rating
 (4.0; 11 ratings)
Country of Origin
NL Netherlands

Established in 1817, SNS Bank was the first savings bank in the Netherlands. "SNS" stands for Samenwerkende Nederlandse Spaarbanken (eng: "Co-operating Dutch Savings banks"). The bank is focused on providing savings, mortgage and payment products to domestic companies and indiviuals.

Since 1 January 2017, SNS Bank operates as 'de Volksbank' to underline that the bank is a stable bank providing simple, useful and affordable products and taking responsibility. Also since 1 January 2017, ASN Bank, Regio Bank, SNS Bank, BGL Wonen Bank and Zwitserleven operate using the single banking license of de Volksbank.

de Volksbank NV provides services in the area of retail banking. de Volksbank NV offers a range of products including current accounts, savings accounts (0.80 - 0.90 %), time deposit accounts (0.90 - 1.70 %), credit cards, consumer loans, car loans (7.70 - 7.70 %), mortgage loans.

de Volksbank NV is the 6th largest bank in the Netherlands in terms of total assets. In 2019 its total assets were 62 841,00 mln EUR. In 2019 the bank's net income was 275,00 mln EUR.

How to Open Account in de Volksbank NV

Opening an account in de Volksbank NV can be done in a few steps:
1.
Submit online application


Required Documents

passport
proof of address

Identity Verification

n/a

While onboarding a private individual de Volksbank NV will ask him/her to provide the following documents: passport; proof of address. For corporate clients de Volksbank NV will ask to provide corporate documentation as well as information about controlling persons. de Volksbank NV may request additional documentation or information depending on the case.

Remote Access

Remote access to the account is possible via online banking, mobile app.
Mobile App (SNS Eén Tweetje) Supported Languages
GBEnglish

Nationale-Nederlanden Bank NV

Rank by Total Assets
6
Customer Rating
 (2.6; 77 ratings)
Country of Origin
NL Netherlands

Nationale-Nederlanden Bank NV is a member of NN Group, an insurance and asset management company. Nationale-Nederlanden Bank provides retail banking products and services including savings, investments, payment cards mortgages and consumer loans. Nationale-Nederlanden Bank offers its products both directly and indirectly via independent consultants.

Nationale-Nederlanden Bank NV provides products and services in the areas of retail banking, insurance. Nationale-Nederlanden Bank NV offers a range of products including current accounts, debit cards, credit cards, savings accounts (0.07 - 0.07 %), time deposit accounts, investment funds, pension plans, consumer loans (6.10 - 6.10 %), mortgage loans, car loans (6.30 - 6.30 %).

Nationale-Nederlanden Bank NV is the 8th largest bank in the Netherlands in terms of total assets. In 2019 its total assets were 24 662,80 mln EUR. In 2019 the bank's net income was 116,17 mln EUR.

How to Open Account in Nationale-Nederlanden Bank NV

Opening an account in Nationale-Nederlanden Bank NV can be done in a few steps:
1.
Submit online application

Required Documents

passport
proof of address

Identity Verification

n/a

While onboarding a private individual Nationale-Nederlanden Bank NV will ask him/her to provide the following documents: passport; proof of address. For corporate clients Nationale-Nederlanden Bank NV will ask to provide corporate documentation as well as information about controlling persons. Nationale-Nederlanden Bank NV may request additional documentation or information depending on the case.

Remote Access

Remote access to the account is possible via online banking.

AEGON Bank NV

Rank by Total Assets
n/a
Customer Rating
n/a
Country of Origin
NL Netherlands

AEGON Bank N.V. is a subsidiary of AEDON N.V., a Dutch company specializing in life insurance, pension and asset management products. AEGON Bank N.V. provides retail banking products, mainly deposit accounts and mortgage loans under a trading name 'Knab'.

AEGON Bank NV provides services in the area of retail banking. AEGON Bank NV offers a range of products including current accounts, savings accounts (0.04 - 0.04 %), time deposit accounts, mortgage loans.

How to Open Account in AEGON Bank NV

Opening an account in AEGON Bank NV can be done in a few steps:
1.
Submit online application


Required Documents

passport
proof of address

Identity Verification

n/a

While onboarding a private individual AEGON Bank NV will ask him/her to provide the following documents: passport; proof of address. For corporate clients AEGON Bank NV will ask to provide corporate documentation as well as information about controlling persons. AEGON Bank NV may request additional documentation or information depending on the case.

Remote Access

Remote access to the account is possible via online banking, mobile app.
Mobile App (Knab Bankieren) Supported Languages
NLDutch

bunq BV

Rank by Total Assets
n/a
Customer Rating
 (4.4; 434 ratings)
Country of Origin
NL Netherlands

Launched in 2015 in the Netherlands, bunq is an innovative direct bank, focused on providing banking products online using its mobile application. bunq offers current accounts, payment cards to both natural persons and business customers.

bunq BV provides services in the area of retail banking. bunq BV offers a range of products including current accounts, credit cards, business current accounts. bunq BV makes its solutions available to natural persons, businesses.

How to Open Account in bunq BV

Opening an account in bunq BV can be done in a few steps:
1.
Completely online
2.
Account is ready within a few minutes


Required Documents

passport
proof of address

Identity Verification

n/a

While onboarding a private individual bunq BV will ask him/her to provide the following documents: passport; proof of address. For corporate clients bunq BV will ask to provide corporate documentation as well as information about controlling persons. bunq BV may request additional documentation or information depending on the case.

Account opening procedure is usually completed within a few minutes.

Remote Access

Remote access to the account is possible via online banking, mobile app.
Mobile App (bunq) Supported Languages
NLDutch
GBEnglish
FRFrench
DEGerman
ITItalian
PTPortuguese
ESSpanish

ASN Bank NV

Rank by Total Assets
n/a
Customer Rating
 (4.0; 11 ratings)
Country of Origin
NL Netherlands

Established in 1960, ASN Bank N.V. is a sustainable bank offering savings, payment and investment products and services only to natural persons and legal entities who work to benefit people and environment. ASN Bank N.V. is a subsidiary of de Volksbank and operates using the banking license of de Volksbank.

ASN Bank NV provides services in the area of retail banking. ASN Bank NV offers a range of products including current accounts, debit cards, credit cards, savings accounts (0.01 - 0.01 %), time deposit accounts, investment funds, project financing.

How to Open Account in ASN Bank NV

Opening an account in ASN Bank NV can be done in a few steps:
1.
Submit online application


Required Documents

passport
proof of address

Identity Verification

n/a

While onboarding a private individual ASN Bank NV will ask him/her to provide the following documents: passport; proof of address. For corporate clients ASN Bank NV will ask to provide corporate documentation as well as information about controlling persons. ASN Bank NV may request additional documentation or information depending on the case.

Remote Access

Remote access to the account is possible via online banking, mobile app.
Mobile App (ASN Mobiel Bankieren) Supported Languages
NLDutch

ASR Bank NV

Rank by Total Assets
n/a
Customer Rating
n/a
Country of Origin
NL Netherlands

ASR Bank N.V. is a 100%-owned subsidiary of a Dutch insurance company ASR. ASR Bank is focused on providing mortgage loans and savings and investment products to the Dutch retail market. These products are sold via intermediaries and via the bank's website.

ASR Bank NV provides products and services in the areas of retail banking, insurance. ASR Bank NV offers a range of products including savings accounts, time deposit accounts, pension accounts, investment funds, mortgage loans (2.25 - 5.90 %), consumer loans (10.00 - 10.00 %).

See Also