vdk bank

Anna Mileiko Created by Anna Mileiko

vdk bank Logo

Address

Sint-Michielsplein, 16, 9000, Gent, Belgium

BIC

VDSPBE91

Overview

Category

Commercial banks

Business Focus

savings products

vdk bank (formerly VDK Spaarbank) was founded in Gent on November 25, 1926 to promote savings amongst local workers and to give them the opportunity to acquire a property through a mortgage based on those savings. vdk bank provides a broad range of retail banking products and services to individuals, self-employed professional and companies.

Performance

In 2023, vdk bank achieved the position of 18th largest bank in Belgium with a market share of 0.39%; its total assets dropped by 1.00%.

Additionally, the bank became the 48th bank in relation to its loans-to-deposits (L/D) showcasing 95.94% L/D ratio in 2023.

Deposit Protection

Deposits up to 100,000 EUR are covered by Belgian deposit guarantee scheme in vdk bank.

Services

retail banking
business banking
insurance

Products

current accounts
debit cards
credit cards
savings accounts
time deposit accounts
pension savings
investment funds
trading accounts
consumer loans
car loans
mortgage loans

Card Providers

Visa

See Also

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Ways to Bank

vdk bank delivers its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking
mobile app mobile app

Financials

Total Assets of vdk bank
Market Share of vdk bank
Total Assets (2023)
5,010.75 mln EUR   (-1.00%)

vdk bank ranks as the 18th largest bank in Belgium by total assets. In 2023 its total assets were 5,010.75 mln EUR, representing a 0.39% market share.

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Guarantee Fund for Financial Services (GFFS)Guarantee Fund for Financial Services (GFFS)
Covered Accounts
current accounts
deposit accounts
Eligible Depositors
natural persons (Belgian and foreign)
legal entities (Belgian and foreign)

vdk bank protects deposits up to up to 100,000 EUR per depositor through Belgium's deposit guarantee scheme. The scheme applies to current accounts, deposit accounts made by natural persons (Belgian and foreign), legal entities (Belgian and foreign). The bank participates in the Guarantee Fund for Financial Services (GFFS), making regular contributions into it.

See Also

Contacts

addressSint-Michielsplein, 16, 9000, Gent, Belgium

vdk bank is headquartered in Gent.

Social Networks

vdk bank has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
VDSPBE91
LEI
54930060Q00W1SRIUI57
Company Number
0400067788
MFI ID
BE0400067788

Bank History

Previous Name
VDK Spaarbank
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