Over the last month, bank credit provided to businesses has increased from 60.5 to 64 billion euros. Since the Corona crisis, Dutch banks have offered additional credit to 69,000 businesses. This is displayed in the eighth Corona Monitor of this year, published by the Dutch Banking Association (NVB).
Countering terrorism financing: what can we expect from banks?
Can transaction monitoring be used to track down the financing of terrorism? Can transactions provide any (meaningful) information in this context? Do the benefits outweigh the costs? I would not claim that the entire system of transaction monitoring does not work, says researcher Esmé Bosma: ‘But the current system is neither efficient nor effective, while it also has undesirable effects for customers and society.’
Interest rate benchmarks: what are the developments?
Due to market developments and European legislation, the financial sector - together with the supervisors - must work hard on reforming interest rate benchmarks, such as LIBOR, EURIBOR and EONIA. As a ...
Opening a business account in the Netherlands
Are you an entrepreneur from abroad, planning to start doing business in the Netherlands and becoming active here? Then you require a business (IBAN) account. Has the Netherlands Foreign Investment ...