The Netherland financial market is regulated by Euronext N.V, which is a pan-European stock exchange based in Paris and having subsidiaries in Netherlands, Belgium, France, Portugal and United Kingdom. The Amsterdam Stock Exchange of Netherlands, considered as the oldest in the world, has been merged with the Paris Stock Exchange and Brussels Stock Exchange in September 22, 2000 to make the Euronext Amsterdam.
The financial market trends in Netherlands are visible in the ups and downs of the Euronext stock exchange. In order to have a clear idea of the Netherlands financial market, it is necessary to go through the information that is available on the official website of Euronext.
With the advancement in technology, the sharing of information has become easily accessible and same is applicable in Netherlands too. The stock brokers and companies in Netherlands maintain their websites and having information on the Netherlands financial market is not a problem anymore.
De Nederlandsche Bank
De Nederlandsche Bank is the central bank of Netherlands and is responsible for issuing and distributing of the Netherlands currency in the country.
The De Nederlandsche Bank is a part of the European System of Central Bank (ESCB) and takes care of the economy of the country by making regulations on the financial trading in Netherlands. The official currency of Netherlands is Euro since 2002 and prior to that, it was gulden.
The major banks that are functional in Netherlands are:
ABN AMRO Bank
Achmea Bank Holding
Bank Mendes Gans
Bank Insinger de Beaufort
Bank Oyens & Van Eeghen
Banque Artesia Nederland
Bank Ten Cate & Cie
CenE Bankiers part of F. van Lanschot Bankiers
F. van Lanschot Bankiers
Kempen & Co.
Theodoor Gilissen Bankiers
The economy of Netherlands is largely dependant on the foreign trade and the country enjoys a prosperous and open economy. The financial market of the Netherlands shows stable industrial relations, moderate inflation and represents a sizable current account surplus while acting as an important transportation hub. The economy of Netherlands is mainly dominated by the industrial activities like – food processing, petroleum refining, chemicals manufacturing and producing electrical machinery.
Last Updated on : 1st August 2013