Bank Degroof Petercam

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.

Contacts 
    Address  De Entrée 238A, 7th Floor, 1101 EE, Amsterdam, Netherlands
Business Description 
    Services  private banking
asset management
investment banking
Start Date  December 2015
Deposit Guarantee  Yes (up to 100 000 EUR per depositor)
Bank Identifiers
    MFI ID  NL323
European Presence  7 banks in 6 countries

Deposit Guarantee

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

ECB Minimum Reserves Requirements (MRR)

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

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

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 Bank Degroof Petercam is shown in the table below.

MFI ID  NL323

European Presence

This bank operates in the following European countries and selected dependent territories of the European countries:

Belgium

France

Luxembourg

Netherlands

  •  (this bank) Bank Degroof Petercam (Amsterdam)

Spain

Switzerland

Related Information on the Netherlands

  Economy and Banking Sector of the Netherlands

  List of Banks in the Netherlands

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