SNS REAAL has deep roots in Dutch society and is the product of mergers among various regional savings banks and insurance companies. Originally they were grouped under two companies, SNS Groep and REAAL Groep. SNS REAAL was created in 1997 from the merger of SNS Groep and Reaal Groep. Since then further additions have included Zürich's Dutch life insurance portfolio and part of its non-life portfolio in 2003, and the takeover in 2004 of the life insurance portfolio of Univé. In 2005 Nieuwe Hollandse Lloyd was welcomed to the fold. In 2006 the acquisitions were closed of Bouwfonds Property Finance and of Route Mobiel. And in 2007 the acquisitions were closed of Regiobank and Axa NL, Winterthur Verzekeringen and DBV Holding.
In 2008 we closed the acquisition of Zwitserleven.

SNS Group
In 1987 two large regional savings banks merged to form SNS (the Dutch acronym stands for Samenwerkende Nederlandse Spaarbanken, meaning Cooperating Dutch Savings banks). From 1989 onwards, various other regional savings banks joined the group, among them the Stichting Bondsspaarbank Central, North and East Netherlands, in 1990. In the 1990s SNS Groep grew fast through mergers and acquisitions, including BLG Hypotheken, CVB Bank and NOG Verzekeringen. In 1996, Banque de Suez Nederland, including the subsidiary Suez Nederland Securities, was taken over (now SNS Securities).

Reaal Groep
Reaal Groep is the product of a merger among various firms, including the insurers De Centrale and Concordia, the Hollandse Koopmansbank and the Algemene Spaarbank for the Netherlands. Between 1990 and 1997 REAAL Groep grew considerably, among other things due to acquisitions such as that of Hooge Huys Verzekeringen in 1996.

SNS REAAL
In 1997 SNS Groep and Reaal Groep merged. The various business entities of the merger partners were regrouped and reintegrated. NOG Verzekeringen was integrated into Reaal Verzekeringen and ASN Bank and Hollandse Koopmansbank became subsidiaries of SNS Bank.