Flag of the Netherlands>

Economy and Banking Sector of the Netherlands

Financial Market Development

Financial Market Development
4.6 (max 7.0), 28th out of 138 countries
Banks' Soundness
5.4 (max 7.0), 41st out of 138 countries

According to World Economic Forum's Global Competitiveness Report 2017-2018, financial market development in Netherlands is scored 4.6 out of maximum 7.0 and ranked 28th out of 138 analysed economies, trustworthiness and confidence of financial market is scored 4.6 (50th place).

Financial Market Development in Netherlands.

Chart 1. Financial Market Development in Netherlands. Source: WEF.


Soundness of banks is scored 5.4 bringing Netherlands into the 41st place.

Soundness of Banks in Netherlands.

Chart 2. Soundness of Banks in Netherlands. Source: WEF.

Further Information

Deposit Guarantee Scheme

Maximum Protected Amount
100 000 EUR

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

From a depositor's point of view it is important to know:

  • if the depositor is eligible within the terms of the deposit guarantee scheme;
  • if the depositor's bank is a participant in the deposit guarantee scheme;
  • if the depositor's type of deposit is covered by the deposit guarantee scheme.

All these details about deposit guarantee scheme in Netherlands are summarised in Table 1.

Scheme Participantsall credit institutions operating in Netherlands, branches of non-EEA banks, branches of the Netherlands' banks abroad
Scheme Exemptionsbranches of EEA-banks (covered by their home countries)
Eligible Depositorsprivate individuals, small companies
Covered Accountsnearly every payment or savings account, current account or term deposit is covered
Maximum Protected Amount100 000 EUR
Paid In CurrencyEUR

Table 1. Deposit guarantee scheme in Netherlands.

EEA stands for European Economic Area and consists of all EU member states plus Liechtenstein, Norway and Iceland.

Further Information

Country Ceiling for Deposits

Moody's country ceilings for deposits specify the highest rating that can be assigned to local- or foreign- currency denominated deposit obligations of a bank or other deposit taking institution domiciled within that country.

Local Currency (Euro)
Aaa (prime)
Foreign Currency
Aaa (prime)

Local currency (Euro) deposit ceiling for Netherlands is set to Aaa (prime), foreign currency deposit ceiling is Aaa (prime).

Deposit Rates

Average Deposit Rate (Jan 2018, EUR)
1.36 %  (Dec 2017: 1.59 %)
In January 2018, an agreed annualised deposit rate in local currency (Euro) of new contracts with agreed maturity up to 1 year between credit institutions and households was 1.36% which was above the Euro Area average (0.37%).
Deposit Rates in Netherlands.

Chart 3. Deposit Rates in Netherlands. Source: ECB.

Further Information

Banking Supervision

 De Nederlandsche Bank N.V.

Banking Sector Structure

Number of Banks
98
Consolidated Assets (2016)
2 532.98 bln EUR  (+0.20%)
Recent Changes (2016)
new banks: 4, closed banks: 111

Currently there are 98 credit institutions operating in Netherlands.

In 2016 consolidated banking assets in the Netherlands were 2 532.98 bln EUR. The consolidated banking assets' evolution is shown at Chart 4 below.

Consolidated banking assets in Netherlands.

Chart 4. Consolidated banking assets in Netherlands.

Recent structural changes (2013 - 2016) of the banking sector of Netherlands are summarised in Table 2.

2013201420152016
Number of Opened Banks4774
Number of Closed Banks103817111

Table 2. Recent structural changes in the banking sector of Netherlands.

The list of the most recently opened banks in Netherlands is provided in Table 3.

NameStart Date
 UBS Europe SE, Netherlands Branch (new)December 2016
 J.P. Morgan Europe Limited (new)October 2016
 Credit Suisse (Luxembourg) S.A., Netherlands Branch (new)May 2016
 Intesa Sanpaolo Bank Luxembourg Amsterdam Branch (new)April 2016
 Bank Degroof Petercam SA (new)December 2015
 Bank of America Merrill Lynch International Limited (new)October 2015
 Citibank Europe Plc (new)October 2015
 Credit Suisse International (new)October 2015
 Maple Bank GmbH (closed)August 2015
 China Construction Bank (Europe) S.A. (new)April 2015
 

Table 3. The most recently opened banks in Netherlands.

All the credit institutions operating in Netherlands can be classified into several categories. Table 4 summarises the number of banks in each category.

CategoryNumber of Banks
Banks48
Branches of foreign banks49
Central banks1

Table 4. Number of banks by category in Netherlands.

There are 49 branches of foreign banks from 12 different countries in Netherlands. Table 5 shows 10 countries having the biggest number of branches in Netherlands.

Country of OriginNumber of Branches
 United Kingdom14
 Germany9
 France8
 Luxembourg7
 Belgium4
 Netherlands1
 United States1
 Korea, Republic of1
 Taiwan1
 Denmark1

Table 5. Number of branches of foreign banks in Netherlands grouped by country of origin.