A Dictionary of Dutchness

DNB

DNB is the widely-used abbreviation for De Nederlandsche Bank (Dutch central bank) which was founded in 1814. The bank is a public limited company run by a president and up to five executives, all of whom are crown appointees. The bank’s main role is to ensure the financial stability of the country. It also acts as a watchdog over financial institutions and advises the government on financial policy. The DNB has come in for a lot of flack recently from people who say it failed to do its job properly in the run-up to the 2008 economic crisis.

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