Van Lanschot is an independent bank focused on private banking, asset management and merchant banking. Founded in 1737, Van Lanschot is the oldest independent bank in the Netherlands. Van Lanschot's private banking offers its products and services to a wide spectrum of clients: high-net-worth individuals, entrepreneurs and family businesses, business professionals and executives, healthcare professionals, foundations and associations.
Van Lanschot NV is the 7th largest bank in the Netherlands in terms of total assets. In 2017 its total assets were 14 658,88 mln EUR. In 2017 the bank's net income was 94,95 mln EUR.
Van Lanschot NV is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BBB+ (good credit quality).
Van Lanschot NV participates in deposit guarantee scheme of the Netherlands. This scheme covers accounts up to 100 000 EUR per bank per depositor.
Van Lanschot NV is headquartered in `s-Hertogenbosch.
|Total Assets (2017)|
|14 658.88 mln EUR (-1.47%)|
|Total Equity (2017)|
|1 332.86 mln EUR (-1.56%)|
In 2017 total assets of Van Lanschot NV were 14 658.88 mln EUR. Decline compared to the previous period (2016) was -1.47%. The evolution of the total assets of Van Lanschot NV is shown at Chart 1 below.
Chart 1. Total Assets of Van Lanschot NV.
|Net Income (2017)|
|94.95 mln EUR (+36.02%)|
Recent changes in gross profit of Van Lanschot NV and its main components are shown in Table 1.
|Net Interest Income||209.8||195.4||-6.88%|
|Net Commission Income||243.7||267.0||+9.57%|
|Net Income from Trading Operations||-3.9||14.1|
|Table 1. Recent changes in gross profit of Van Lanschot NV (mln EUR).|
In 2017 net income of Van Lanschot NV was 94.95 mln EUR. Growth compared to the previous period (2016) was 36.02%. The evolution of the net income of Van Lanschot NV is shown at Chart 2 below.
Chart 2. Net Income of Van Lanschot NV.
|BBB+ (good credit quality)||- (not rated)|
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Van Lanschot NV is rated by Fitch.
Credit ratings assigned to Van Lanschot NV as of May 2018 are shown in details in the following sections.
Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for Van Lanschot NV it is set to BBB+ (good credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for Van Lanschot NV is set to F2 (good short-term credit quality).
|Long-Term Issuer Default Rating||BBB+|
|Short-Term Issuer Default Rating||F2|
|Support Rating Floor||NF|
Viability rating for Van Lanschot NV is set to bbb+ (good fundamental credit quality); support rating is 5 (there is a possibility of external support, but it cannot be relied upon); support rating floor is NF (no floor; no reasonable presumption of potential support being forthcoming).
|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 Van Lanschot 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|
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 Van Lanschot NV and its components are shown in the table below.
|Bank BIC Code||FVLB|
|Country Code||NL (Netherlands)|
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 Van Lanschot NV is shown in the table below.
The following banks operating under Van Lanschot brand name has been recently closed down: