Securitisation


SNS Bank believes it has a well established name in international capital markets. The Hermes program ranks among the top-three most active securitisation programs for residential mortgage loans in the Netherlands.

The Hermes (Holland Mortgage-Backed Series) program is SNS Bank's cash securitisation program for residential mortgage loans. Next to that, SNS Bank has launched a synthetic securitisation under the PROVIDE name. Furthermore SNS Bank has securitised residential mortgages backed by a state guarantee (NHG mortgages) under the name PEARL.

Via this website investor reports and other information on the outstanding securitisations of SNS Bank will be provided.

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News

13 August 2010
Investor Reports for Hermes 8, 9, 13 and 14 are now available for download.
22 July 2010
PEARL 4 has succesfully settled today. A total of EUR 600 million of AAA notes have been privately placed with a group of investors.
29 April 2010
BNP Paribas has taken over the role of Liquidity Facility Provider / Cash Advance Facility Provider for all outstanding Hermes and PEARL transactions