Letter on de Volksbank sent to the House of Representatives
Finance Minister Kaag sent this letter on February 22, ahead of the committee debate on the future of the Dutch banking landscape. This debate is scheduled for March 22.
In the letter to the House of Representatives, the Minister indicated that she wants to share an indicative decision on the future of de Volksbank with the House of Representatives in December 2023. We regard the steps outlined by the Minister in said letter as a logical continuation to further explore our future options together with our shareholder NLFI.
Halfway through the implementation of our strategic plan, and with the Executive Committee and Supervisory Board at full strength, this is a natural moment for the next phase in which we further explore, work out and share the privatisation options with our shareholder NLFI. We greatly appreciate being able to actively think along with NLFI about our own future.
For us, this means that in parallel to exploring the options, we press ahead with achieving our strategy entitled ‘better for each other – from promise to impact’. Together with all our colleagues we remain fully committed to strengthening the customer relationship and increasing our social impact.