NMB Postbank Group

NMB Postbank Group was the result from the merger in 1989 by Postbank and NMBBank. The merger brought benefits to both institutions. Postbank suffered from limitations as a former government service; for instance, it was prohibited from stockbrokerage activities. A merger with another banking institution ended those limitations. NMB Bank saw a merger with Postbank as an opportunity to expand in the retail market and to jointly become the third-largest bank in the Netherlands. The NMB Postbank Group had only two years as an independent financial institution. In 1991, it merged with Nationale-Nederlanden to form ING. The Postbank business units continued to operate under their own name. NMB Bank changed its name to ING Bank.

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