financial services founded 1954 1954 founder unie van waterschapsbonden water board union headquarters the hague netherlands key people ron walkier ceo products financing for public organisations number of employees 39 2011 website nwb bank.com the nederlandse waterschapsbank nwb bank english netherlands water boards bank is a dutch specialist financial institution that providing funding for water boards and local government organisations in the netherlands . it is a local government funding agency owned by the dutch water boards and provinces . it has been using the trading name nwb bank since 2009 . although a registered bank it only lends to dutch government entities and does not provide any services to individuals or companies . contents 1 history 2 activities 3 references 4 external links history edit starting in the 1950s the water board union regularly lent money to the individual water boards . however the union was not well equipped to handle the banking and lending activities and so on december 19 1952 it decided to set up a separate water board bank to handle this task . the bank would raise risk less capital from the water boards and later other government organisations and lend this out to the water boards as required . the main aim was to provide the cheapest possible source of funding for the government entities . the disaster caused by the north sea flood of 1953 sped up the development of the bank and on may 5 1954 the bank was established as limited company by the 142 water boards of the netherlands . the bank is wholly owned by a diverse set of dutch government entities and only the dutch state and local entities may be shareholders in the bank . based on 2013 data 81 % is held by the dutch water boards 17 % by the dutch government and 2 % by the provinces . 1 activities edit the nwb bank provides credit to local authorities provinces public institutions in the area of public housing public health services and education and for water and environmental projects . the bank raises funds on the international money and capital markets on the basis of a very strong balance sheet and high credit rating . the nederlandse waterschapsbank has a triple a rating from moody s and standard & poor s january 2012 and was placed 6th in the global finance s worlds 50th safest banks in 2013 . 2 as the banks customers are government entities with very high credit ratings the risk of default is very low as of 2011 it had a very high basel tier 1 ratio of 90 % . references edit about nwb bank . nwb bank . retrieved june 8 2013 . world s 50 safest banks april 2013 . global finance . february 26 2013 . external links edit nwb bank english v t e financial services companies of the netherlands bancassurance ing group rabobank sns reaal banks abn amro alex asn bank amsterdam trade bank bank nederlandse gemeenten binck de lage landen direktbank elq hypotheken friesland bank nederlandse waterschapsbank nibc bank postbank sns bank sparck triodos bank van lanschot bankiers private banks & asset management insinger de beaufort kempen & co meespierson oyens & van eeghen robeco schretlen & co staalbankiers theodoor gilissen bankiers insurance aegon achmea ageas allianz atradius asr nederland axa nederland cardif centraal beheer conservatrix delta lloyd eureko de goudse verzekeringen fbto interpolis klaverblad verzekeringen monuta nationale nederlanden ohra tvm univ uvit vvaa zwitserleven health insurance azivo azvz cz groep de friesland menzis onvz zorgverzekeringen pno ziektenkosten salland verzekeringen dsw zorgverzekeringen zorg en zekerheid this dutch bank or insurance related article is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title nederlandse waterschapsbank & oldid 719157703 categories banks of the netherlandsbanks established in 19541954 establishments in the netherlandsdutch company stubseuropean bank stubshidden categories all stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages nederlands edit links this page was last modified on 7 may 2016 at 23 52 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view