Finqus portfolio acquired by NIBC Bank

26 November 2021
26 November 2021

NIBC Bank N.V. acquired the loan portfolio of Finqus B.V., a subsidiary of the bankrupt DSB Bank, with a purchase price of approximately EUR 1.5 billion.

The proceeds from the sale will be used to pay the remaining unsecured and subordinated creditors, and end the bankruptcy of DSB Bank. The Finqus portfolio was transferred on 17 November 2021.

Houthoff advised Finqus B.V. and DSB Bank N.V. on the sale. The team included Loet Venrooy, Jacques Kröner, Philippe Stille, Christiaan Zijderveld, Nadia Nartey Wemegah, Karien Burg, Thomas de Rave, Anne Sleurink and Wieger Kop.
Written by:

Key Contact

Amsterdam
Advocaat | Partner
+31 20 605 61 07
+31 6 5365 8037
Jacques Kröner

Key Contact

Rotterdam
Advocaat | Partner
+31 10 217 25 44
+31 6 5144 5782
Philippe Stille

Key Contact

Amsterdam
Kandidaat-notaris | Counsel
+31 20 605 65 77
+31 6 5316 8615
Christiaan Zijderveld

Key Contact

Amsterdam
Advocaat | Partner
+31 20 605 61 50
+31 6 2290 6791