Since the outbreak of the coronavirus crisis, Dutch banks offered over 11 billion euros in aid measures to nearly 143 thousand businesses and 28 thousand consumers, according to an overview by the Dutch association of banks NVB. That is 4 billion euros more than two weeks ago, NOS reports.
Over 111 thousand businesses and 24 thousand individuals have made use of their banks' offers to pause repayments, borrow more money, or get extra credit due to the coronavirus. Banks' measures to aid their clients now involve an amount of 7 billion euros, the Dutch banking association NVB said on Friday, NU.nl reports.
Banks' financial aid programs come on top of the government's support package.
Over 16 thousand individuals have requested and received a "payment break" for their mortgages. And another 7 thousand consumers paused repayments of their consumer loans.
Dutch banks have given financial support to some 105,000 entrepreneurs and 17,000 consumers since the outbreak of Covid-19 began in the Netherlands, the Dutch Banking Association (NVB) announced on Thursday. Yet, despite the extensiveness of these loan programs more than three-quarters of all small businesses in the country say they are running into financial difficulties, a survey from the Dutch Chamber of Commerce (KvK) reveals.
Minister Stientje van Veldhoven, responsible for Environment and Housing, made agreements with parties involved to ensure that no homeowners end up on the street during the coronavirus crisis. There will be no mortgage foreclosures until at least July 1st, and mortgage lenders will look for solutions with homeowners in trouble.
The Minister made agreements to this extent with the Dutch association of banks VNV, the Association of Insurers, the national mortgage guarantee fund Nationale Hypotheekgarantie, and homeowners association VEH, she said on Tuesday.
The number of ATM bombings in the Netherlands increased significantly last year, but in the vast majority of them the perpetrators did not get away with any cash, newspaper AD reports based on figures from the police's internal magazine Blauw.
Last year there were a total of 95 ATM bombings, an increase of 55 percent. In only 16 percent of cases did the perpetrators demonstrably get away with gash. In 68 percent of the cases, the authorities are certain that no money was stolen. In the other cases, the results were unclear.
ATMs in the Netherlands will remain closed at night for at least another year in an effort to prevent criminals trying to blow them open to get at the cash inside, the Dutch association of banks NVB announced on Thursday. It will take at least that long for all cash machines to be equipped with the technology that automatically destroys cash in the event of an ATM bombing, the association said.
Cash machines in the Netherlands will largely be out of service every overnight from 11 p.m. to 7 a.m., the Dutch Banking Association (NVB) said on Monday. The ATMs will be switched off in an effort to prevent thefts where criminals use explosives as a way to break into the cash machines.
An ATM was blown open on Dorpsstraat in Noord-Scharwoude early on Monday morning. This is the fifth such explosion in Noord-Holland in a week. Last week four ATMs were blown open in Alkmaar, Amsterdam and Zaandam, and one ATM bombing was prevented, NH Nieuws reports.
The bombing in Noord-Scharwoude happened at around 3:30 a.m., the police said on Twitter. Two people were seen fleeing the scene on a scooter. Whether they actually managed to steal any money from the ATM, is not yet clear.
Five Dutch banks want to team up and establish an organization to tackle money laundering together. The idea is that by viewing the banks' total 10 billion transactions per year together, it will be easier for the organization - which they plan to call Transactie Monitoring Nederland (TMNL) - to identify suspicious activities, the Dutch association of banks NVB said to RTL Nieuws.
The number of ATM bombings in the Netherlands is increasing. So far this year criminals tried to blow open ATMs with explosives 37 times, compared to 43 in all of last year. The police have no idea why the popularity of ATM bombings is increasing, because very few of them end with the perpetrators getting away with money, AD reports.
Dutch construction trade association NVB wants all new homes built from next year to be built without a connection to the gas network. The association hopes that this will keep the playing field equal for all builders, chairman Piet Adema said to AD.
An exception should be made for houses for which contracts have already been signed, he added.
The departing Dutch government's policies inadvertently caused the current shortage in new housing facing the Netherlands, according to the NVB association for developers and construction. The association is calling for the new government to appoint a "strong minister for housing and building" who, when taking measures, also considers the consequences for the construction sector, ANP reports.
The housing policy of the current Dutch government is creating a crisis, with the middle class bearing the brunt of the situation, according to TU Delft professor of housing Peter Boelhouwer and Karel Schiffer, former leader of NHG-hypotheek, the Financieele Dagblad reports.
According to these two experts, the housing market in the Netherlands today still faces a shortage of housing, the sale and rental sector hardly relate to each other and the steep rent increases combined with a decline in purchasing power is creating a "poverty trap" in the rental sector.
Banks in the Netherlands have no plans to take extra security measures after two banks were robbed digitally in a short time. According to the Dutch banking association NVB, Dutch banks' security is already at a sufficiently high level
Banks want politicians to stop with the ever increasing rules and requirements for the sector. They fear that all these requirements will force them to implement extra fees on loans and mortgages.
Cinema chain Pathé will no longer accept the national film vouchers sold by retailers across the country. The ban affects only those gift certificates, called the Nationale Bioscoopbon, purchased on or after April 1, the country’s largest film theater chain said in a statement.
The Netherlands Association of Realtors (NVM) says that every quarter is better than the last in the housing market. RTL Nieuws reports that the crisis in The Netherlands seems to have been surpassed, as June this year shows a doubling in the number of new homes bought compared to June last year.