BNG meaning in Banking ?

Answer: 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