Van Lanschot diversifies funding profile through securitisation transaction

F. van Lanschot Bankiers N.V. successfully completed the sale of  750 million of securitised Dutch mortgage loans to the market on 29 November 2010. This RMBS (Residential Mortgage-Backed Securities) transaction comprised a  250 million tranche (A1 notes) and a  500 million tranche (A2 notes) under the Citadel 2010-I programme. The notes - which were oversubscribed - were placed with a wide group of institutional investors.

With this transaction, which forms part of the bank's general funding activities, Van Lanschot has attracted new external funding with a two-year term (A1 notes) and a five-year term (A2 notes). The transaction improves the diversification of the bank's funding, thereby also further strengthening the bank's solidity. Van Lanschot's funding ratio - the extent to which the loan book is funded by customer deposits - remains strong at over 81% at 30 September 2010.

The notes have AAA ratings from Standard & Poor's and Fitch. The transaction was led by a syndicate of BNP Paribas, ING and Rabobank International.

's-Hertogenbosch, 1 December 2010


Van Lanschot Media Relations: Etienne te Brake, Corporate Communication spokesperson
Telephone +31 (0)73 548 30 26; mobile +31 (0)6 12 505 110; e-mail e.tebrake@vanlanschot.com

Van Lanschot Investor Relations: Geraldine Bakker-Grier, Investor Relations Manager
Telephone +31 (0)73 548 33 50; mobile +31 (0)6 13 976 401; e-mail g.a.m.bakker@vanlanschot.com

Van Lanschot NV is the holding company of F. van Lanschot Bankiers NV, the oldest independent bank in the Netherlands with a history dating back to 1737. Van Lanschot focuses on three target groups: high net-worth individuals, medium-sized businesses (including family businesses) and institutional investors. Van Lanschot stands for high-quality services founded on integrated advice, personal service and customised solutions. Van Lanschot NV is listed on Euronext Amsterdam.

Stock Van Lanschot (AEX): LANS More stock exchange information

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