Samenbank
Samenbank is a term used in Dutch-language contexts to describe a financial institution that is owned and governed by its customers or members, rather than by external shareholders. In this sense, a samenbank is a cooperative or mutual bank that aims to combine financial services with member welfare and local development.
Foundations and governance: Samenbanken are typically member-owned with one member one vote, regardless of the size
Services and operations: They offer retail banking products such as savings, loans, payment services, and financial
Regulation and safety: Samenbanken are regulated by national financial authorities and participate in deposit guarantee schemes
Examples and context: While the term samenbank is not the formal name of a single institution, it
See also: cooperative banking, mutual organization, savings bank, Rabobank.