- SNS Reaal
Infobox_Company
company_name = SNS REAAL
company_
company_type = Public
foundation = 1997
company_slogan =
location = Utrecht, theNetherlands
key_people =Sjoerd van Keulen , Chairman
products =Commercial bank Insurance
homepage = [http://www.snsreaal.nl/ www.snsreaal.nl]
industry =Financial services
num_employees = 6,300
revenue = profit €4.5 billion (2007)
operating_income = profit €569 million (2007)
net_income = profit €465 million (2007)
subsid =ASN Bank
AXA Nederland
REAAL
SNS Bank
SNS Regiobank
ZwitserslevenSNS REAAL is a Dutch
financial services provider, offering insurance and banking services to private individuals and medium and small enterprises. The banking services are offered throughSNS Bank , while the insurances are offered through independent intermediars. The company was formed in 1997 when the SNS Groep merged with REAAL Groep. Both these companies were formed through a number of mergers and aquisistions and the company continues to expand this way. In 2007 SNS Reaal acquired the Dutch divisions ofAXA andSwiss life , making it the 5th insurance company in the Netherlands, with a market share of more than 9%.The company went public on may 18th 2006 and was listed on the
AMX index in 2007. But while it may be listed, over 65% of the shares remain in the hands of a single foundation.References
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