NIBC Bank NV

Founded in 1945 to finance ­entrepreneurs, NIBC Bank is a Dutch bank operating in "BeNeLux" countries and in Germany. The bank provides banking products to corporate and individual clients. NIBC Bank is focused on corporate customers from specific sectors such as the food industry, agriculture and retail, manufacturing, technology, media and services, commercial real estate, shipping, oil & gas services, infrastructure and renewable energy. Business activities for individuals are dominated by residential mortgages and savings products. The savings products are offered via its subsidiary NIBC Direct.

Services

Retail Banking
Corporate Banking

Products

Financials

Total Assets (2016)
23 580.00 mln EUR  (+2.33%)
Net Income (2016)
102.00 mln EUR  (+43.66%)

NIBC Bank NV is the 5th largest bank in the Netherlands in terms of total assets. In 2016 its total assets were 23 580,00 mln EUR. In 2016 the bank's net income was 102,00 mln EUR.

NIBC Bank NV is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BBB- (good credit quality). Long-term credit rating assigned to the bank by Moody's is Baa1 (lower medium grade).

NIBC Bank NV participates in deposit guarantee scheme of the Netherlands. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

CARNEGIEPLN, 2501 BH, s Gravenhage, Netherlands
380

NIBC Bank NV is headquartered in S Gravenhage.

Bank Identifiers

BIC (SWIFT)
DNIBNL2G
MFI ID
NL685

Business Summary

Services
retail banking
corporate banking
Products
time deposit accounts (1.50 - 2.60 %)
mortgage loans (3.24 - 4.90 %)

NIBC Bank NV provides products and services in the areas of retail banking, corporate banking. The range of products offered by NIBC Bank NV includes time deposit accounts (1.50 - 2.60 %), mortgage loans (3.24 - 4.90 %).

Products

Time Deposit Accounts

Time deposits accounts are interest-bearing deposit accounts offering higher interest rates than savings accounts. However the money deposited to such account cannot be withdrawn for a specified period of time (term).

Time deposit accounts made with NIBC Bank NV are covered by deposit guarantee scheme of the Netherlands up to 100 000 EUR per depositor. NIBC Bank NV offers the following time deposit accounts.

Updated on 17 October 2018

Termijndeposito
Sales Region
Netherlands
Account Currency
EUR
Interest Rate (p.a.)
1.50 %
Deposit Term (months)
1
Time Deposit Account Details
Product Name
Termijndeposito
Account Currency
EUR
Interest Rate (p.a.)
1.50 %
Deposit Term (months)
1
Termijndeposito
Sales Region
Netherlands
Account Currency
EUR
Interest Rate (p.a.)
1.50 %
Deposit Term (months)
3
Time Deposit Account Details
Product Name
Termijndeposito
Account Currency
EUR
Interest Rate (p.a.)
1.50 %
Deposit Term (months)
3
Termijndeposito
Sales Region
Netherlands
Account Currency
EUR
Interest Rate (p.a.)
1.60 %
Deposit Term (months)
6
Time Deposit Account Details
Product Name
Termijndeposito
Account Currency
EUR
Interest Rate (p.a.)
1.60 %
Deposit Term (months)
6
Termijndeposito
Sales Region
Netherlands
Account Currency
EUR
Interest Rate (p.a.)
1.65 %
Deposit Term (months)
9
Time Deposit Account Details
Product Name
Termijndeposito
Account Currency
EUR
Interest Rate (p.a.)
1.65 %
Deposit Term (months)
9
Termijndeposito
Sales Region
Netherlands
Account Currency
EUR
Interest Rate (p.a.)
1.80 %
Deposit Term (months)
12
Time Deposit Account Details
Product Name
Termijndeposito
Account Currency
EUR
Interest Rate (p.a.)
1.80 %
Deposit Term (months)
12
Termijndeposito
Sales Region
Netherlands
Account Currency
EUR
Interest Rate (p.a.)
1.85 %
Deposit Term (months)
24
Time Deposit Account Details
Product Name
Termijndeposito
Account Currency
EUR
Interest Rate (p.a.)
1.85 %
Deposit Term (months)
24
Termijndeposito
Sales Region
Netherlands
Account Currency
EUR
Interest Rate (p.a.)
1.90 %
Deposit Term (months)
36
Time Deposit Account Details
Product Name
Termijndeposito
Account Currency
EUR
Interest Rate (p.a.)
1.90 %
Deposit Term (months)
36
Termijndeposito
Sales Region
Netherlands
Account Currency
EUR
Interest Rate (p.a.)
2.00 %
Deposit Term (months)
48
Time Deposit Account Details
Product Name
Termijndeposito
Account Currency
EUR
Interest Rate (p.a.)
2.00 %
Deposit Term (months)
48
Termijndeposito
Sales Region
Netherlands
Account Currency
EUR
Interest Rate (p.a.)
2.00 %
Deposit Term (months)
60
Time Deposit Account Details
Product Name
Termijndeposito
Account Currency
EUR
Interest Rate (p.a.)
2.00 %
Deposit Term (months)
60
Termijndeposito
Sales Region
Netherlands
Account Currency
EUR
Interest Rate (p.a.)
2.00 %
Deposit Term (months)
72
Time Deposit Account Details
Product Name
Termijndeposito
Account Currency
EUR
Interest Rate (p.a.)
2.00 %
Deposit Term (months)
72
Termijndeposito
Sales Region
Netherlands
Account Currency
EUR
Interest Rate (p.a.)
2.20 %
Deposit Term (months)
84
Time Deposit Account Details
Product Name
Termijndeposito
Account Currency
EUR
Interest Rate (p.a.)
2.20 %
Deposit Term (months)
84
Termijndeposito
Sales Region
Netherlands
Account Currency
EUR
Interest Rate (p.a.)
2.60 %
Deposit Term (months)
120
Time Deposit Account Details
Product Name
Termijndeposito
Account Currency
EUR
Interest Rate (p.a.)
2.60 %
Deposit Term (months)
120

Netherlands: This product is offered to the Netherlands' residents only. When clicking on the product link you will be redirected to the product page in Dutch.

See Also

Mortgage Loans

Mortgage loans are secured loans used for real estate financing purposes (for example, purchase of a new or existing property, construction of an own property, property renovation) without paying the entire value up front. A mortgage loan is secured by the collateral of specified real estate property and is repaid in installments. Mortgage loans offered by NIBC Bank NV are shown in the table below.

Updated on 17 October 2018

Annuiteiten Hypotheek
Sales Region
Netherlands
Loan Currency
EUR
Borrowing Rate (p.a.)
3.24 %
Lending Amount (%)
60 %
Loan Term (years)
5 years
Annuiteiten Hypotheek
Sales Region
Netherlands
Loan Currency
EUR
Borrowing Rate (p.a.)
3.54 %
Lending Amount (%)
80 %
Loan Term (years)
5 years
Annuiteiten Hypotheek
Sales Region
Netherlands
Loan Currency
EUR
Borrowing Rate (p.a.)
4.09 %
Lending Amount (%)
60 %
Loan Term (years)
10 years
Annuiteiten Hypotheek
Sales Region
Netherlands
Loan Currency
EUR
Borrowing Rate (p.a.)
4.39 %
Lending Amount (%)
80 %
Loan Term (years)
10 years
Annuiteiten Hypotheek
Sales Region
Netherlands
Loan Currency
EUR
Borrowing Rate (p.a.)
4.40 %
Lending Amount (%)
60 %
Loan Term (years)
15 years
Annuiteiten Hypotheek
Sales Region
Netherlands
Loan Currency
EUR
Borrowing Rate (p.a.)
4.70 %
Lending Amount (%)
80 %
Loan Term (years)
15 years
Annuiteiten Hypotheek
Sales Region
Netherlands
Loan Currency
EUR
Borrowing Rate (p.a.)
4.60 %
Lending Amount (%)
60 %
Loan Term (years)
20 years
Annuiteiten Hypotheek
Sales Region
Netherlands
Loan Currency
EUR
Borrowing Rate (p.a.)
4.90 %
Lending Amount (%)
80 %
Loan Term (years)
20 years

Netherlands: This product is offered to the Netherlands' residents only. When clicking on the product link you will be redirected to the product page in Dutch.

See Also

Financial Positions

Total Assets (2016)
23 580.00 mln EUR  (+2.33%)
Total Equity (2016)
1 969.00 mln EUR  (+4.40%)

In 2016 total assets of NIBC Bank NV were 23 580.00 mln EUR. Growth compared to the previous period (2015) was 2.33%. The evolution of the total assets of NIBC Bank NV is shown at Chart 1 below.

Total Assets of NIBC Bank NV.

Chart 1. Total Assets of NIBC Bank NV.

Profit and Loss

Net Income (2016)
102.00 mln EUR  (+43.66%)

Recent changes in gross profit of NIBC Bank NV and its main components are shown in Table 1.

2015 2016 % change
Interest Income 564.0 547.0 -3.01%
Interest Charges -278.0 -241.0 -13.31%
Net Interest Income 286.0 306.0 +6.99%
Commission Income 37.0 32.0 -13.51%
Commission Charges -1.0 0.0
Net Commission Income 36.0 32.0 -11.11%
Net Income from Trading Operations -11.0 12.0
Table 1. Recent changes in gross profit of NIBC Bank NV (mln EUR).

In 2016 net income of NIBC Bank NV was 102.00 mln EUR. Growth compared to the previous period (2015) was 43.66%. The evolution of the net income of NIBC Bank NV is shown at Chart 2 below.

Net Income of NIBC Bank NV.

Chart 2. Net Income of NIBC Bank NV.

Market Share and Rank (among banks in the Netherlands)

Total Assets (2016)
5th

In 2016 NIBC Bank NV was ranked the 5th largest bank in the Netherlands in terms of total assets.

Several banks having the market shares and ranks closest to NIBC Bank NV are shown below.

RankNameTotal Assets
4 de Volksbank NV61561.00 mln EUR
5 NIBC Bank NV23580.00 mln EUR
6 Achmea Bank NV14985.32 mln EUR
 

Credit Ratings (as of May 2018)

Fitch Moody's
BBB- (good credit quality) Baa1 (lower medium grade)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. NIBC Bank NV is rated by Fitch and Moody's.

Credit ratings assigned to NIBC Bank NV as of May 2018 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for NIBC Bank 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 NIBC Bank NV is set to F3 (fair short-term credit quality).

Long-Term Issuer Default Rating  BBB-
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F3
Viability Rating  bbb-
Support Rating  5
Support Rating Floor  NF

Viability rating for NIBC Bank 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).

Moody's

Long-term rating for NIBC Bank NV it is set to Baa1 (lower medium grade). Long-term bank deposit rating is Baa1 (lower medium grade). Baseline credit assessment is baa3. Short-term rating is set to Ba2.

Long-Term Rating  Baa1
Long-Term Bank Deposit Rating  Baa1
Baseline Credit Assessment  baa3
Short-Term Rating  Ba2
Outlook  stable

Outlook for the ratings of NIBC Bank 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 NIBC Bank 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 NIBC Bank NV and its components are shown in the table below.

BIC  DNIBNL2G
Bank BIC Code  DNIB
Country Code  NL (Netherlands)
Location Code  2G
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 NIBC Bank NV is shown in the table below.

MFI ID  NL685

European Presence: 4 banks in 3 countries

NIBC Bank NV operates under the brand name NIBC Bank. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Belgium

Germany

Netherlands

  •  (this bank) NIBC Bank NV (s Gravenhage)