Postbank

Postbank emerged from the Rijkspostspaarbank and the Postcheque & Girodienst. The Dutch government had urged both services to integrate as a result of which a new corporation was established in 1977: the Postgiro/Rijkspostspaarbank. This company merged with the Amsterdam Municipal Giro services in 1979. In 1986, these services were privatised and transformed into Postbank N.V. In 1989, Postbank and NMB merged and became part of ING two years later. Postbank has remained active in the Netherlands operating under its own brand. With its 7.5 million private account holders, it is one of the largest financial-services providers in the Netherlands. Postbank is leading when it comes to the development and introduction of new products and services. In the seventies, it had already developed the home-banking concept. Currently, Postbank is a strong direct bank through the internet and telephone services.

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