The tidal wave of the financial crisis has not spared Europe - and The Netherlands is one of the European countries caught by the ripcurl. None of its banks have escaped unharmed: pre-tax profits and return on equity (ROE) shrank across the board; in some cases dramatically.
At the five biggest Netherlands banks in the The Banker's Top 1000 bank rankings this year, pre-tax profits fell to -€3.11bn and return on equity to -14.13%.