Institutional investors; balance sheet 1998-2016
Explanation of symbols
Dataset is not available.
This table consists of the balance sheet of institutional investors. It enables analyzing shifts in the balance sheet of institutional investors. This is possible for the total of institutional investors, and for each of the three groups: pension funds, insurance corporations and non-MMF investment funds.
Data available yearly figures from 1998 to 2016.
Status of the figures:
Figures up to 2015 are definitive, figures for 2016 are provisional.
Because this table is discontinued, figures will not be updated anymore.
Changes as of 7 September 2018:
None, this table is discontinued.
When will new figures be published?
Not applicable anymore.
The strategic alliance between Statistics Netherlands (CBS) and the Dutch Central Bank (DNB) has led to a reallocation of tasks between the two institutions. Institutional investors is now part of the dominion of DNB. Publication of tables on institutional investors by the CBS is discontinued. DNB provides the OECD with figures for its statistic Institutional investors. See paragraph 3 for links to the websites of DNB and OECD.
Description topics
- Assets
- Long-term securities
- Long-term securities include all transferable securities, which generally do not mature within one year. They are usually quoted at the stock exchange. The interest on long-term bonds is made payable through coupons. Mortgage bonds, notes issued by banks and convertible bonds as long as they have not been converted into shares, also belong to this type of assets.
- Total long-term securities
- Long-term securities government
- Total government
- The general government sector consists of institutional units which are non-market producers whose output is intended for individual and collective consumption, and are financed by compulsory payments made by units belonging to other sectors, and institutional units principally engaged in the redistribution of national income and wealth.
The sector general government primarily consists of all entities (covered by public law) that carry out activities regarding the redistribution of income and wealth. In the Netherlands this concerns ministries, municipalities, provinces, water boards and the like. In the second place general government consists of entities that are controlled and mainly financed by the aforementioned entities, and do not produce for the market. Non-market output means that the sale proceeds are structural less than 50 per cent of the production costs. In this way, for instance, Prorail and the Open University are counted to the general government.
Government institutions that are active abroad, like embassies, belong to the sector general government as well. On the other hand foreign embassies and international institutions, like Europol and the International Court of Justice, do not belong to the Dutch government.
Public enterprises (like the Dutch Railways, Amsterdam Airport (Schiphol), the Dutch Municipal Bank (BNG) and quasi-corporations are no part of the sector general government. The Dutch Central Bank (DNB) also does not belong to the sector general government.
The general government sector is split up into three subsectors: central government, local government and social security funds.
- Central government
- The subsector central government (excluding social security funds) includes all administrative departments of the state and other central agencies whose competence extends normally over the whole economic territory, except for the administration of social security funds.
The central government is a subsector of the general government sector.
Central government includes:
- the State (ministries and some budgetary funds such as the Municipalities Fund, the Provinces Fund and the Infrastructure Fund).
- universities.
- public corporate organisations like commodity boards.
- a group of national foundations and organisations.
Examples of national foundations and organisations are:
- research institutions linked to universities.
- charity, relief and educational organisations that are controlled and mainly financed by the government (for example Oxfam Novib).
- privatised national government services such as Statistics Netherlands.
- Local government
- The subsector local government (excluding social security funds) includes those types of public administration whose competence extends to only a local part of the economic territory, apart from local agencies of social security funds.
The local government is a subsector of the general government sector.
Local government includes:
- provinces and district water boards.
- municipalities, excluding their quasi-corporations such as public transport companies.
- joint ventures of municipalities for the purpose of waste processing, water treatment, fire brigades, social work provision, etc.
- privatised government services such as employment service offices and regional police forces.
- legally defined local private institutions, such as privatized educational institutions, museums, public libraries, the Youth Work Guarantee Plan and asylums.
- Long-term securities fin. corporations
- Long-term securities financial corporations.
- Total financial corporations
- The sector financial corporations consists of all (quasi-) corporations which are principally engaged in intermediation (acquisition, transformation and distribution of financial means), insurance (conversion of individual into collective risks) and financial auxiliary services. Also included are corporations providing financial services, where most of either their assets or their liabilities are not transacted on open markets.
- Monetary financial institutions
- Monetary financial institutions (MFIs) consist of institutional units included in the central bank, deposit-taking corporations except the central bank and money market funds (MMF) subsectors.
The central bank subsector consists of financial corporations and quasi-corporations whose principal function is to issue currency, to maintain the internal and external value of the currency and to hold all or part of the international reserves of the country. In the Netherlands this subsector consists of one entity, De Nederlandsche Bank.
The deposit-taking corporations except the central bank subsector includes financial corporations and quasi-corporations, which are principally engaged in financial intermediation and whose business is to receive deposits and/or close substitutes for deposits from institutional units, hence not only from MFIs, and, for their own account, to grant loans and/or to make investments in securities. MMF are principally engaged in financial intermediation. Their business is to issue investment fund shares or units as close substitutes for deposits from institutional units, and, for their own account, to make investments primarily in money market fund shares/units, short-term debt securities, and/or deposits.
- Non-MMF investment funds
- The non-MMF investment funds subsector consists of all collective investment schemes, except those classified in the MMF subsector, which are principally engaged in financial intermediation. Their business is to issueing investment fund shares or units which are not close substitutes for deposits, and, on their own account, to make investments primarily in financial assets other than short-term financial assets and in non-financial assets (usually real estate).
- Other fin. interm. and fin. aux.
- Other financial intermediaries and financial auxiliaries.
The other financial intermediaries, except insurance corporations and pension funds subsector consists of all financial corporations and quasi-corporations which are principally engaged in financial intermediation by incurring liabilities in forms other than currency, deposits, or investment fund shares, or in relation to insurance, pension and standardised guarantee schemes from institutional units.
The financial auxiliaries subsector consists of all financial corporations and quasi-corporations which are principally engaged in activities closely related to financial intermediation but which are not financial intermediaries themselves.
Examples of financial auxiliaries are:
- financial auxiliaries like the Amsterdam Stock Exchange, credit card organisations and credit and mortgage intermediation services.
- financial auxiliaries like insurance agents, guarantee funds, pension consultancies and insurance exchanges.
- Captive fin. inst. and money lenders
- Captive financial institutions and money lenders.
The captive financial institutions and money lenders subsector consists of all financial corporations and quasi-corporations which are neither engaged in financial intermediation nor in providing financial auxiliary services, and where most of either their assets or their liabilities are not transacted on open markets.
In particular, the following financial corporations and quasi-corporations are classified in this subsector:
(a) - units as legal entities such as trusts, estates, agencies accounts or 'brass plate' companies;
(b) - holding companies that hold controlling-levels of equity of a group of subsidiary corporations and whose principal activity is owning the group without providing any other service to the businesses in which the equity is held, that is, they do not administer or manage other units;
(c) - SPEs that qualify as institutional units and raise funds in open markets to be used by their parent corporation;
(d) - units which provide financial services exclusively with own funds, or funds provided by a sponsor, to a range of clients and incur the financial risk of the debtor defaulting. Examples are money lenders, corporations engaged in lending to students or for foreign trade from funds received from a sponsor such as a government unit or a non-profit institution, and pawnshops that predominantly engage in lending;
(e) - special purpose government funds, usually called sovereign wealth funds, if classified as financial corporations.
- Insurance corporations and pension funds
- Financial intermediaries dealing with the pooling of risks are insurance corporations and pensions funds (ICPF). They consist of the insurance corporations and pension funds subsectors. The insurance corporations subsector consists of all financial corporations and quasi-corporations which are principally engaged in financial intermediation as a consequence of the pooling of risks mainly in the form of direct insurance or reinsurance. The pension funds subsector consists of all financial corporations and quasi-corporations which are principally engaged in financial intermediation as the consequence of the pooling of social risks and needs of the insured persons (social insurance). Pension funds as social insurance schemes provide income in retirement, and often benefits for death and disability.
- Long-term securities other domestic
- Total other domestic
- This group includes non-financial corporations and households including non-profit institutions serving households. The non-financial corporations consists of institutional units which are independent legal entities and market producers, and whose principal activity is the production of goods and non-financial services. Non-financial corporations include:
- all corporations, quasi-corporations and co-operative organisations which do not belong to the financial corporations.
- all non-profit institutions which do not pertain to the other sectors. Examples are old people's homes, hospitals and housing corporations.
- public enterprises, which are fully or partly owned by the government, like Dutch Rail-ways (NS).
The non-financial corporations are up to 2008 subdivided in private companies, institutions providing health care, government companies and housing associations.
The sector households consists of all natural persons including their business activities (self-employed people and owner-occupiers of dwellings). Owner-occupiers are part of the industry real estate activities. In principle, self-employed people can occur in every industry, except for the industries, which carry out specific government activities.
Foundations and clubs, which belong to the sector NPI households, can be found in the industries health and social work activities, recreational, cultural and sporting activities and other service activities n.e.c.
- Non-financial corporations
- The non-financial corporations consists of institutional units which are independent legal entities and market producers, and whose principal activity is the production of goods and non-financial services. Non-financial corporations include:
- all corporations, quasi-corporations and co-operative organisations which do not belong to the financial corporations.
- all non-profit institutions which do not pertain to the other sectors. Examples are old people's homes, hospitals and housing corporations.
- public enterprises, which are fully or partly owned by the government, like Dutch Rail-ways (NS).
The non-financial corporations are up to 2008 subdivided in private companies, institutions providing health care, government companies and housing associations.
- Private companies
- Private companies are companies and institutions active in agriculture, industry, commerce, traffic and services. At least fifty percent of the share capital is owned by others than the government.
- Institutions providing health care
- This group includes institutions such as hospitals, psychiatric institutions, nursing homes and institutions in the field of social services.
- Government companies
- This group includes private and statutory companies. Private government companies are non-financial enterprises whose share is owned for at least fifty percent by the government. Statutory government companies are state enterprises, intermunicipal arrangements with a business nature, and branches of municipalities and provinces with a business nature.
- Long-term securities rest of the world