Compensation for the Expropriation of SNS REAAL and SNS Bank
Compensation payments for the expropriation of SNS REAAL and SNS Bank are being made by the State Consignation Fund. A special claim form should be used to request payment. This page explains who is eligible for compensation and where to send your completed claim form.
Conditions for compensation
Holders of the following expropriated securities and assets are eligible for compensation:
- Holders of expropriated subordinated bonds of SNS REAAL and SNS Bank;
- Certain holders of expropriated third series participation certificates who were not already fully compensated by SNS Bank in 2013;
- Holders of certain expropriated loans.
An overview of the amount of compensation payments, ISIN and technical codes and a sample calculation of the statutory interest can be found at the bottom of this page. The Enterprise Division of Amsterdam Court of Appeal has ruled that shares in SNS REAAL are of no value. Holders of expropriated shares will therefore not receive any compensation.
Submit a claim to the Consignation Unit of the Ministry of Finance
A claim form should be completed in full before you submit it. Make sure that you select the right form:
- Claim form: subordinated bonds and expropriated loans
- Claim form: third series participation certificates
Please ensure that you sign the form and send the necessary documents with your claim. Completed claim forms should be emailed to the Consignation Unit of the Ministry of Finance at: SNS-Consignatiekas@minfin.nl.
Documents
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Background
Background of the compensation for the expropriation of SNS REAAL and SNS Bank.
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Example calculation legally stipulated interest
Example of calculation legally stipulated interest concerning the compensation for the expropriation of SNS REAAL and SNS Bank.
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Frequently Asked Questions
Frequently Asked Questions about the compensation for the expropriation of SNS REAAL and SNS Bank.
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ISIN and technical codes
ISIN and technical codes concerning the compensation for the expropriation of SNS REAAL and SNS Bank.
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Types of compensation
Types of compensation for the expropriation of SNS REAAL and SNS Bank.