SNS Reaal owes a Dutch labour union federation 20 million?

According to this news, SNS Reaal owes the Dutch FNV federation some 20 million euros. This claim has its base in a complicated history of both FNV and SNS Reaal, because both are results of mergers. Reaal is a merger of several banks that used to be connected to the unions that now make up FNV. As the safety deposit for this loan/claim was made in shares of SNS Reaal, the FNV federation is not so happy with the current value of those shares.

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One response to “SNS Reaal owes a Dutch labour union federation 20 million?

  1. Pingback: Some tiny bits on the SNS Reaal nationalization | Arjen polku

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