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Kas Bank NV Announces Establishment of Joint-Venture Company with Dwpbank


Tuesday, 3 Sep 2013 02:40am EDT 

Kas Bank NV announced that it has signed an agreement with Dwpbank in August 2012 to create a joint venture retail securities processing platform called Secpoint N.V based in Amsterdam. Secpoint N.V. combines both banks through a robust platform for securities processing. By the bundling of activities on a centralized platform operational risks of financial institutions are mitigated and minimized. Moreover, the platform absorbs all regulatory changes, both European and local. 

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