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What is Bank Nederlandse Gemeenten mean?
BNG Bank N.V. is a Dutch bank specializing in providing financing for (semi-)publicly owned organizations. Ranked by assets alone, it is ranked as the 4th bank in the Netherlands. The Dutch state owns 50% of the company, while the remainder is owned by the municipalities and provinces.
The company was founded in 1914 in The Hague as the Gemeentelijke Credietbank (Municipal Credit Bureau), changed its name to Bank voor Nederlandsche Gemeenten in 1922, before finally changing it to BNG Bank in 2018.
BNG Bank does not provide financing to private customers, but exclusively to (semi-)public organizations, such as municipalities, provinces, public utilities, health care organisations and public housing.
reference| Full Form | Category |
|---|---|
| Banning (ca) | Airport Code |
| Bank Nederlandse Gemeenten | Banking |
| BARNAGAR | Indian Railway Station |
| Bossy Nagy Group | Uncategorized |
Posted on 16 Nov 2024, this text provides information on Miscellaneous in Banking related to Banking. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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