The Belgian cooperative NewB chooses OneSumX from Wolters Kluwer

Belgium-based NewB Bank selected Wolters Kluwer’s OneSumX to support their Asset and Liability Management (ALM).

NewB raised € 35 million in December 2019

The cooperative bank successfully raised 35 million euros to obtain a banking license in December 2019.

NewB offers checking accounts, savings accounts, and medium term loans. The initial deposit rate is at least 0% until the end of 2024.

NewB aims to reach 108,000 checking account holders through …

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