Profile

Founded in 2000, BinckBank is an independent online bank for investors. BinckBank is ranked in the top 5 in Europe, and is listed on the NYSE Euronext stock exchange in Amsterdam.

BinckBank has the ambition of becoming the largest online bank for investors in Europe, and as the number 1 online bank for investors in the Benelux countries, with strongly growing activities in France, BinckBank is well positioned to achieve this ambition. At the end of 2011 we had over 530,000 accounts.

BinckBank's operations are divided between two business units: Retail and Professional Services. Retail provides services for independent private investors under the labels Binck and Alex. Under the Binck label, which is used in the Netherlands, Belgium and France, we tailor our services to the active and experienced independent investor. We offer the independent investor order execution at highly competitive fees in combination with a number of facilities such as an investment website including real-time streaming of prices and news, order book depth, research, advice and analysis.

Under the Alex label we serve the private investor who wants to get more out of his assets. We offer these investors a comprehensive investment site, investment training, an online savings account and asset management. In recent years both Binck and Alex have several times been named as the best online brokers in the Netherlands by various independent research agencies.

In addition to private investors we also serve more than a hundred professional clients. The Professional Services business unit offers services to investment managers, banks, insurers and pension institutes handling the entire securities transaction and its associated banking administration process on their behalf with the use of our online product. Our Professional Services customers can opt for a service provision agreement with BinckBank, or they can make independent use of the software supplied by our subsidiary company Syntel, which allows customers to manage their own service provision.

BinckBank has branches in the Netherlands, Belgium, France, Italy and Spain, and had 611 FTEs in employment at the end of 2011.