In 2004, De Nederlandsche Bank merged with the Pension and Insurance Supervisory Authority of the Netherlands, known as the PVK. The organisation thus created retained the name of ‘De Nederlandsche Bank’. The merger marked a new phase in the history of both institutions.

History of DNB

In 1814 King William I of the Netherlands founded De Nederlandsche Bank (DNB). In time DNB developed from a private lender into, ultimately, a part of the European System of Central Banks and the Dutch prudential supervisor of the entire financial sector. The monetary centre of gravity shifted from DNB to the ECB in Frankfurt, the guilder went out and the euro came in. What remained unchanged through all those years was the role of DNB as guardian of financial stability.

History of the PVK

The year 1923 saw the creation of insurance supervisor Verzekeringskamer, whose remit was expanded in 1952 to include pension funds. In 2001, the name was changed accordingly, to Pensioen- & Verzekeringskamer (Pension and Insurance Supervisory Authority of the Netherlands). On 20 October 2004, this PVK merged with De Nederlandsche Bank.

More history

More about the histories of DNB and PVK may be read in two documents available for downloading below.