SNS Bank is a retail bank in the Netherlands and has evolved from various regional Dutch saving banks and insurance companies. SNS is an abbreviation of Samenwerkende Nederlandse Spaarbanken (Co-operating Dutch Savings Banks), reflecting its history. In 1997 SNS Bank acquired insurer Reaal, with SNS Reaal becoming the holding company for both brands.
In February 2013, SNS Reaal was nationalised to prevent its collapse. The European Commission mandated the separation of its banking and insurance activities, resulting in their demerger on 1 January 2015. The bank brands were placed under SNS Bank NV and the insurance brands under REAAL NV (trading under the name VIVAT Verzekeringen). SNS Bank NV now comprises the following brands: ASN Bank, BLG Wonen, Regiobank, SNS Bank and SNS Securities. The ethically oriented ASN Bank is also a subsidiary of SNS Reaal, but it has a separate bank license and separate policies.
SNS Bank provides business credit to small and medium-sized companies in the Netherlands.
Following its nationalisation by the Dutch state on February 1st 2013, SNS Bank, as part of the SNS Reaal Group, is a 100 percent state owned bank.