NHG chooses BNP Paribas as custodian for its invested capital

NHG (executor of the National Mortgage Guarantee) has appointed BNP Paribas as custodian to provide securities custody services, conduct the investment and financial administration, and provide regulatory and sustainability reports. NHG has entrusted the management of its invested (guarantee) capital of 1.6 billion euros to two asset managers.

Bjorn Jonkergouw, Manager finance, risk, compliance & business support at NHG: “We have been looking for a new custodian that highly values quality of service and sustainability, where we connected well with the customer service team, and with whom we want to work long-term. After an extensive and intensive tender process, supported by Monique Goossens from SecValeur, we opted for BNP Paribas, which best met our requirements and expectations.”

Mark Schilstra, Head of Securities Services Netherlands & Nordics at BNP Paribas: “We are pleased that NHG has chosen us as its new custodian and administrator. This appointment underlines our strong market position in the Netherlands and our ability to provide innovative solutions for our individual clients. Through our local platform and expertise, we can meet the specific needs of NHG. We offer them the required financial infrastructure and management reports, which will provide them with daily insights into their outsourced asset management.”