Everything You Need to Know About ASN Bank

Author

Reads 12K

BMW Headquarters Building in Munich at Dusk
Credit: pexels.com, BMW Headquarters Building in Munich at Dusk

ASN Bank is a unique financial institution that operates on a cooperative model, meaning it's owned and controlled by its members. This approach allows for a more community-driven approach to banking.

ASN Bank was founded in 1970 as a cooperative bank for the employees of the Dutch rail company, NS. The bank has since expanded its services to include a wide range of financial products for individuals and businesses.

One of the key features of ASN Bank is its commitment to sustainability and social responsibility. The bank has a clear set of values that guide its business practices and decision-making.

ASN Bank has a strong presence in the Netherlands, with a network of branches and online services that make it easy for customers to manage their finances.

For more insights, see: PNC Financial Services

Geschiedenis

ASN Bank was founded on May 1, 1960, by the Dutch Federation of Trade Unions (NVV) and the insurance company the Centrale (now REAAL).

The main goal was to establish worker savings plans in a socially responsible way.

A contemporary city skyline featuring tall buildings and a prominent bank at dusk.
Credit: pexels.com, A contemporary city skyline featuring tall buildings and a prominent bank at dusk.

Initially, the bank was called Stichting Algemene Spaarbank voor Nederland, later changing to Algemene Spaarbank voor Nederland ASN N.V.

By 1990, the REAAL Group had formed, with ASN Bank becoming a separate entity within it.

In 1997, the REAAL Group merged with SNS Group, making ASN Bank a standalone subsidiary of SNS Bank N.V.

The Dutch State nationalized SNS REAAL, including ASN Bank, on February 1, 2013, to prevent the bank from going bankrupt.

ASN Bank was officially dissolved as a separate entity in 2017.

See what others are reading: SNS Reaal

Bank Operations

ASN Bank's operations are built on a strong foundation of social and environmental responsibility.

The bank's mission is to make a positive impact on society and the environment through its financial services.

ASN Bank's operations are guided by a set of core values that prioritize transparency, integrity, and sustainability.

The bank's commitment to social responsibility is evident in its focus on supporting small and medium-sized enterprises, as well as its efforts to promote financial inclusion.

For another approach, see: Asn Bank Storingen

Activities

Exterior of modern bank building with arched passages
Credit: pexels.com, Exterior of modern bank building with arched passages

ASN Bank is the largest bank in the Netherlands for sustainable investing, paying, and saving.

De Eerlijke Bankwijzer has consistently rated ASN Bank as excellent or good on various criteria, such as climate change, arms trade, labor rights, human rights, animal welfare, and transparency.

ASN Bank has three key focal points in its sustainability policy: climate change, biodiversity, and human rights.

In 2011, ASN Bank was named the most customer-friendly bank in the Netherlands by the Consumentenbond, alongside Triodos Bank.

Since 2009, it's been possible to open a current account with ASN Bank.

ASN Bank has partnered with organizations like Amnesty International, Fair Wear Foundation, and Oxfam Novib to support their causes.

ASN Bank has a 25% stake in Triple Jump, a sustainable investor in developing countries with a portfolio of around €267.5 million at the end of 2014.

A unique perspective: List of Banks in the Netherlands

Annual Revenue

Annual Revenue is a critical aspect of bank operations. ASN Bank's annual revenue was $21.2 million in 2025. This figure highlights the importance of managing finances effectively to maintain a stable business.

Revenues can fluctuate from year to year, but a steady income stream is essential for a bank's growth and stability. ASN Bank's annual revenue in 2025 was $21.2 million.

Heel simpel, duidelijk en efficient

From below of bright blue signboard saying personal banking on modern building of town
Credit: pexels.com, From below of bright blue signboard saying personal banking on modern building of town

Having a simple, clear, and efficient banking experience is a must. According to a satisfied customer, ASN's transfer process from ABN is quick and efficient, taking only 5 years to complete.

One of the key features that make ASN stand out is their savings account, which offers a handy spaarpotten that's really useful. Their banking app is also user-friendly, making it easy for customers to manage their finances on the go.

A business owner who recently opened an account with ASN was impressed with how quickly everything was sorted, with the entire process completed within a week. This kind of efficiency is exactly what customers are looking for in a bank.

Explore further: Bank Account for Payment

SIC Code

The SIC code is a crucial piece of information for banks to operate efficiently. It's used to classify businesses by industry.

ASN Bank has a SIC code of [60, 602].

Efse Invests 50M Euros

Efse has invested 50 million euros in ASN Bank, a significant move that highlights the bank's commitment to sustainable finance.

Facade of a Modern Bank Building in City at Sunset
Credit: pexels.com, Facade of a Modern Bank Building in City at Sunset

ASN Bank has been at the forefront of sustainable banking, with a strong focus on environmental and social responsibility.

This investment by Efse demonstrates the growing interest in sustainable finance and the potential for impact investing to drive positive change.

ASN Bank's unique approach to banking has attracted investors like Efse, who share the bank's values and goals.

Sustainability

ASN Bank is a great option for those looking for a sustainable bank in the Netherlands. Their range of products is much wider than some of their competitors.

Their website, apps, and customer service are also more intuitive and easy to use. This is a big plus for customers who value convenience and ease of use.

Partnerships

ASN Bank partners with various organizations to promote sustainable living and social responsibility.

One of these partners is the Dutch organization, Stichting Doet Leven, which helps low-income families with their energy costs.

ASN Bank also partners with the Dutch government to provide a sustainable energy premium for homeowners.

ASN Bank has a long history of promoting social and environmental causes.

ASN Bank's partnership with Stichting Doet Leven has been going strong since 2009.

ASN Bank's commitment to sustainability extends to its own operations, with a goal to be carbon neutral by 2050.

A unique perspective: Stichting Pensioenfonds ABP

Bank Information

Blooming Sakura tree branch growing against flowering plants and residential building exterior in countryside on sunny day
Credit: pexels.com, Blooming Sakura tree branch growing against flowering plants and residential building exterior in countryside on sunny day

ASN Bank is a Dutch bank that operates on a cooperative model, meaning that its members own and control the bank. ASN Bank was founded in 1818.

The bank's headquarters is located in Amsterdam, Netherlands.

ASN Bank offers a range of financial services, including current accounts, savings accounts, and loans.

Employment Numbers

152 people are employed at ASN Bank.

ASN Bank has a relatively small workforce compared to other banks.

ASN Bank has a small workforce of 152 employees.

Location

ASN Bank is based in The Hague, Zuid-holland. This is a significant location for the bank, as it's a major city in the Netherlands. The Hague is known for its rich history and cultural significance, making it a great place for a bank to set up shop.

Robin Little

Senior Writer

Robin Little is a seasoned writer with a keen eye for detail and a passion for storytelling. With a strong background in research and analysis, Robin has honed their craft to deliver engaging and informative content on a wide range of topics. Their expertise in the realm of financial markets has earned them a reputation as a trusted voice in the industry.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.