Kingdom of the Netherlands-Netherlands: Financial System Stability Assessment

IMF Staff Country Reports, April 3, 2017

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The Netherlands is home to a global systemically important bank and a global systemically important insurer.
The banking system comprises half of the financial sector.
Banking sector concentration: four domestic banks dominate the banking system.
Major reforms, driven by the European Union and global developments, have significantly strengthened financial sector oversight.
Authorities’ responses to the global financial crisis were far-reaching and addressed many deficiencies.
The Single Supervisory Mechanism has enhanced bank supervision.
Strengthened capital and liquidity regulations have improved banking-sector resilience.
Insurance supervision is stricter under Solvency II.
There is a new framework for the pension sector.

Financial sector composition and concentration
- Banking constitutes 50 percent of the financial sector.
- Four domestic banks are the primary constituents of the banking system.

Regulatory and supervisory reforms
- EU-driven and global reforms have materially strengthened oversight.
- The Single Supervisory Mechanism has enhanced bank supervision.
- Capital and liquidity regulatory frameworks have been tightened.

Insurance and pensions
- Solvency II has made insurance supervision stricter.
- A new framework has been introduced for the pension sector.

Subject: Banking, Commercial banks, Expenditure, Financial institutions, Financial sector policy and analysis, Insurance companies, Mortgages, Pension spending, Stress testing
Keywords: asset, bank, bank Supervisory Boards, banking system, Commercial banks, coverage ratio, CR, credit loss, financial system, Global, holding company, Insurance companies, interest rate, ISCR, Mortgages, Pension spending, return on equity, sensitivity analysis, Stress testing

Kingdom of the Netherlands-Netherlands: Financial System Stability Assessment, April 3, 2017 (IMF Staff Country Report).