In 2015 Bank Degroof and Petercam were merged to form a new bank that is now operating under the commercial brand name “Bank Degroof Petercam”. Bank Degroof Patercam provides private banking, asset management and investment banking products and services.
Bank Degroof Petercam participates in deposit guarantee scheme of the Netherlands. This scheme covers accounts up to 100 000 EUR per bank per depositor.
Bank Degroof Petercam is headquartered in Amsterdam.
|Address||De Entrée 238A, 7th Floor, 1101 EE, Amsterdam, Netherlands|
|Start Date||December 2015|
|Deposit Guarantee||Yes (up to 100 000 EUR per depositor)|
|European Presence||7 banks in 6 countries|
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 Bank Degroof Petercam 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: Deposit Guarantee Scheme in the Netherlands
Minimum reserves is the minimum amount of reserves a credit institution is required to hold with a central bank.
|Subject to MRR by ECB||Yes|
|Exempt from MRR by ECB||No|
Any bank can be identified for different purposes and hence can have several different identifiers.
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 Bank Degroof Petercam is shown in the table below.