Update on transfer SNS Bank NV
SNS REAAL NV announces on its website that an agreement has been reached on the sale of the shares in SNS Bank NV to the Dutch State for the sum of € 2.7 billion. The envisaged date of transfer is 30 September 2015, on approval of the House of Representatives.
On 28 August 2015, the Dutch Minister of Finance sent a letter to the House of Representatives giving further information on this transaction. The contents of this letter can be found online at: www.minfin.nl. After the transfer of shares to the Dutch State, SNS REAAL NV will provide information on the future and governance of SNS REAAL NV.