THE HAGUE, the Netherlands, February 23, 2016 /PRNewswire/ --
Due to the amended EU Transparency Directive, BNG Bank is obliged to disclose its 'home member state'. For BNG Bank, with registered office in The Hague, the home member state is The Netherlands.
About BNG Bank:
BNG Bank is the bank of and for local authorities and public sector institutions. The bank is a committed partner and makes a sustainable contribution to minimising the costs of public utilities for the consumer. Its key client groups are local authorities, housing associations and care institutions. BNG Bank offers its core customers a broad package of financial services. In addition to loans, it provides supplementary services relating to payments, spatial planning and asset management. The shareholders of BNG Bank are solely comprised of local authorities. The Dutch state owns half of the shares in the company, while the remainder are held by municipal and provincial authorities and a water board. The debt securities issued by BNG Bank have a credit rating of Aaa (Moody's), AAA (Standard & Poor's) and AA+ (Fitch).
For more information: http://www.bngbank.com
SOURCE BNG Bank