a.s.r. bank

a.s.r. bank

ASR Bank N.V. (hereafter a.s.r.bank) has been part of ASR Nederland N.V. (hereafter a.s.r.) since 29 December 2009. a.s.r. bank is a 100% subsidiary of a.s.r. and is supervised by De Nederlandsche Bank (DNB) and the Netherlands Authority for the Financial Markets (AFM).

Strategic update

In 2018, a.s.r. sharpened its strategy whereby it will focus more on its main core business. With this decision, a.s.r. bank is no longer classified as a core activity. The activities of a.s.r. bank will be phased out in a controlled manner.
Achmea and a.s.r. have announced on March 21, 2019 that they have agreed that Achmea Bank will take over part of a.s.r.'s banking activities from a.s.r. bank. These activities consist of a savings portfolio with approximately 125,000 customers with a volume of EUR 1.7 billion and a mortgage portfolio with a volume of EUR 1.5 billion. After approval by the relevant supervisory authorities, Achmea and a.s.r. bank completed the transaction on December 1, 2019. Read the press release
On January 8, 2020, customers with an investment account with a.s.r. bank were informed of the decision that a.s.r. bank stops offering investment services. This decision is part of the strategic change. On January 15, 2020, a.s.r. bank and Van Lanschot Kempen enter into a partnership in order to offer customers the option of switching to Evi van Lanschot and remain invested. In May 2020, customers who wanted to switch to Van Lanschot were migrated to Van Lanschot. Read the press release.

Governance and Organization

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