Demir-Halk Bank (Nederland) NV

Demir-Halk Bank (DHB Bank) is a Dutch bank, established as a joint venture between HCBG Holding (Netherlands) and Türkiye Halk Bankasi (Turkey). Demir-Halk Bank provides a broad range of retail banking products from deposit and savings accounts to retail and mortgage loans. Demir-Halk Bank also delivers finance services to Turkish commercial ventures abroad and/or to their European business partners.

Services

Retail Banking
Insurance
Corporate Banking
Investment Banking

Demir-Halk Bank (Nederland) NV is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is Ba1 (non-investment grade speculative).

Demir-Halk Bank (Nederland) NV participates in deposit guarantee scheme of the Netherlands. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

WEENA 780, 3001 KG, Rotterdam, Netherlands
23294

Demir-Halk Bank (Nederland) NV is headquartered in Rotterdam.

Bank Identifiers

BIC (SWIFT)
DHBNNL2R
MFI ID
NL548

Business Summary

Services
retail banking
insurance
corporate banking
investment banking
Products
savings accounts
time deposit accounts
consumer loans

Demir-Halk Bank (Nederland) NV provides products and services in the areas of retail banking, insurance, corporate banking, investment banking. The range of products offered by Demir-Halk Bank (Nederland) NV includes savings accounts, time deposit accounts, consumer loans.

Credit Ratings (as of May 2018)

Fitch Moody's
- (not rated) Ba1 (non-investment grade speculative)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Demir-Halk Bank (Nederland) NV is rated by Moody's.

Credit ratings assigned to Demir-Halk Bank (Nederland) NV as of May 2018 are shown in details in the following sections.

Moody's

Long-term rating for Demir-Halk Bank (Nederland) NV it is set to Ba1 (non-investment grade speculative). Long-term bank deposit rating is Ba1 (non-investment grade speculative). Baseline credit assessment is ba1. Short-term rating is not assigned.

Long-Term Rating  Ba1
Long-Term Bank Deposit Rating  Ba1
Baseline Credit Assessment  ba1
Short-Term Rating  -
Outlook  stable

Outlook for the ratings of Demir-Halk Bank (Nederland) NV is set to stable (not likely to change).

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in the Netherlands are obliged to participate in the Netherlands' deposit guarantee scheme.

In the case of Demir-Halk Bank (Nederland) NV failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, small companies
Covered Accounts  nearly every payment or savings account, current account or term deposit is covered
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of Demir-Halk Bank (Nederland) NV and its components are shown in the table below.

BIC  DHBNNL2R
Bank BIC Code  DHBN
Country Code  NL (Netherlands)
Location Code  2R
Branch Code  -

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of Demir-Halk Bank (Nederland) NV is shown in the table below.

MFI ID  NL548

European Presence: 3 banks in 3 countries

Demir-Halk Bank (Nederland) NV operates under the brand name Demir Halk Bank. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Belgium

Germany

Netherlands

  • (this bank) Demir-Halk Bank (Nederland) NV (Rotterdam)