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DSB Bank is the largest bank in Suriname with more than 350 employees. The history of the DSB Bank, De Surinaamsche Bank, dates back to 1865. The DSB Bank offers banking services, such as checking and savings accounts, loans, transfers, asset management, brand name registration, insurances and treasury to private persons as well as to business relations in Suriname. For more information, click on the links in the menu bar.

Mission Statement

  Our mission is to offer a wide diversity of top-quality products through the services of enthusiastic and expert staff. Our leadership position and professional knowledge of the banking industry, our extensive domestic branch network and participation in international strategic alliances provide a solid basis for realizing this vision. Our constant aspiration in this connection is to create a win-win situation both for the bank and for the customer, resulting in a sustained increase in profitability. The win-win situation entails among other things: creating the most favorable possible benefits for our customers, shareholders and society in general.
   

Our Corporate Values

  Integrity
Above all criteria, integrity holds true more than anything. Integrity in our way of thinking and our actions, always and everywhere.
  Respect
Each individual with self-respect has our respect. Our strength lies in the conviction of the value of variety of input and the belief in equal opportunities for all. We value and stimulate personal growth, development and entrepreneurship of each individual employee, which benefits all parties involved.
  Teamwork
Teamwork is the key to our success as the largest bank of Suriname. Loyalty towards the organization as a whole is our primary directive. This honesty obliges us to continuously update and expand our knowledge and experience and to apply it on an international level to the interest of the company and our clients.
  Professionalism
Optimal and consistent service makes high demands upon our professionalism. For that reason, we constantly pursue innovation, creativity and decisiveness. In order to build and maintain a closer relationship with our clients we do not settle for providing less than the highest quality of service.
  Environment
The DSB Bank, as the largest bank, knows its responsibilities and cannot avoid the developments in the environment and the high demands that are made upon Government authorities and companies. Therefore, we set high standards to ourselves and demand the same from others who are in contact with us.
   

History

The initiative to establish a bank in Suriname was taken by Simon Abendanon, who was a captain and process-server in Suriname. The idea occurred to Mr. Abendanon as a result of the monetary chaos in Suriname at the time. In 1863, when slavery was abolished, he expected that agriculture would flourish and, as a consequence, trade activities would expand. In order to stimulate this growth, he conceived the idea to establish a bank.

Organization Chart current situation
De Surinaamsche Bank was established on January 19, 1865. The general management of the bank had its seat in Amsterdam up until 1951, after which the seat was moved to Paramaribo. Till that moment, all shares were in the hands of De Nederlandsche Handelmaatschappij that merged with the Twentse Bank to become the Algemene Bank Nederland. When the Surinamese Government felt that too large a part of the Surinamese banking business was in foreign hands, the bank was converted into a Surinamese corporation on January 1, 1977. With this action, 41% of the shares ended up in the hands of the Surinamese people and 10% was held by the Republic of Suriname. The remaining 49% of the shares remained in the hands of the ABN AMRO Bank that was the result of the merger between the Algemene Bank Nederland and the Amro Bank. On March 8, 2001, a purchase agreement was signed between the ABN AMRO Bank and the insurance company of Assuria with regard to all the shares (49%). On July 25, 2001, the transfer of the shares from the ABN AMRO Bank to Assuria took place.

De Surinaamsche Bank, up until the establishment of the Central Bank of Suriname in 1957, also fulfilled the role of circulation bank, a role that the Bank still fulfills up till the present day in Nieuw-Nickerie (Nickerie District) and Moengo (Marowijne District) on behalf of the Central Bank. In the meantime, De Surinaamsche Bank has developed into the leading bank in Suriname. Its headquarters are located at the Henck Arronstraat 26 and are supported by 5 branch offices in the other areas as well as 2 branch offices in Nieuw-Nickerie, Moengo and Zanderij respectively.

The Bank is full owner of 4 subsidiary companies, namely the Surinaamse Trustmaatschappij N.V. (Suritrust), The Financing Company Paramaribo (Finapar), N.V. Kankantrie Investment Company and Surinaamse Computer Maatschappij N.V.

 

 
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