Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2009
Bundled insurance and allegedly overpriced lending
Borrower advocates and regulators criticized DSB for selling mortgages and loans together with expensive insurance, inadequate disclosure and potentially excessive borrowing levels. The practices became the principal reputational issue preceding the bank run.
2009
Deposit run and banking failure
Public calls for deposit withdrawals after the lending controversy caused a liquidity crisis. The Dutch central bank froze accounts, rescue efforts failed and the Amsterdam court declared the bank bankrupt.