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Saturday 26 May RNW - NEWS AND ANALYSIS FROM THE NETHERLANDS IN 10 LANGUAGES, WORLDWIDE 24/7 ON RADIO, TV AND ONLINE

Dutch banker rises from the ashes of bankruptcy

Published on 8 September 2011 - 9:29pm
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The Dutchman whose private bank crashed dramatically in 2009 is making a comeback in the world of finance. Former DSB boss Dirk Scheringa is launching a new company next month called DS Factoring, according to its website.

The new company will target small and medium-sized businesses which are owed money by their clients. DS Factoring will offer them a sum lower than that owed and make a profit by collecting the outstanding debts.

Dirk Scheringa does not require permission from the Dutch central bank to set up the company. He claims to have enough working capital to start business on 3 October.

DSB collapsed in October 2009 after an organisation of disgruntled customers, the Stichting Hypotheekleed (Mortgage Distress Foundation), called for a run on the bank.

(imm/nc)

© Radio Netherlands Worldwide

 

Discussion

Anonymous 9 September 2011 - 12:16pm / Amsterdam

GEFELICITEERD!! CONGRATULATIONS!!
Een hard werkende en goed person, dat iedereen prbeert hem kapot te maken, uit pure jalosie! Veel seccess!!

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