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SNS Reaal

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2013

    Nationalisation following property-finance losses

    Losses and impairments associated with SNS Property Finance weakened SNS Reaal to the point that the Dutch government nationalised SNS Reaal and SNS Bank on 1 February 2013. The intervention was justified by financial-system stability concerns and resulted in the expropriation of securities and assets. Junior bondholders were not bailed out.

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