BinckBank N.V. ("BinckBank") receives two separate claims of in total € 9 million from two groups of persons, of which one group associated in a Foundation. According to the claims BinckBank is accused of failing to exercise its duty of care to third parties (non-customers). These persons apparently transferred sums of money in one or more accounts of two clients of BinckBank. The two clients have allegedly provided investment services to these third parties without having obtained the required licence to do so
To the opinion of BinckBank it did comply with its duty of care and denies liability. To all appearances both claims could be combined into one legal case. For this reason BinckBank will refrain from further comment.
About BinckBank N.V.
BinckBank is an online bank for investors, ranked in the top five in Europe. As an online broker, it offers its customers fast, low-cost access to all the important financial markets around the world. As an online bank for investors, BinckBank helps its customers look after their capital with BinckBank's online asset management services and online savings. BinckBank offers its professional clients fast, low-cost order execution and administrative processing of securities and cash transactions, in the form of insourcing (client BPO) or licensing of the appropriate software.
BinckBank is an independent online bank for investors, which is listed on Euronext Amsterdam. We have offices in the Netherlands, Belgium, France, Italy, and Spain. BinckBank has 590 FTEs at end of 2012. Our operations are split into two business units: Retail and Professional Services. BinckBank was formed in 2000 and has now more than 762,000 account holders.
For more information about BinckBank Professional Services, please visit: www.binckprof.nl
Public Relations:
Harmen van der Schoor
t: +31 (0)20 522 03 78
e: hvdschoor@binck.nl
Investor Relations:
Nelleke Nederlof
t: +31 (0)20 522 03 72
e: nnederlof@binck.nl
www.binck.com
