Allianz opts for efficiency and convenience by outsourcing banksparen

7/22/2011, 6:08 PM (Source: GlobeNewswire)
Allianz Nederland Asset Management (Allianz) and BinckBank N.V. (BinckBank) have
signed a service agreement whereby Allianz will outsource its securities giro
accounts and savings accounts for clients of Allianz (BPO contract). Allianz is
opting to outsource banksparen to BinckBank in order to provide its clients with
greater convenience. BinckBank will carry out both the account administration
and execution of orders in investment funds. It will do this both for capital
box III and capital in a favourable tax category (box I) under which banksparen
and bank investments fall.

The first Allianz clients are expected to move to the BinckBank platform during
the second half of 2012.

Kind regards,

Anneke Hoijtink
Manager Investor Relations

T   +31 20 522 0372
F   +31 20 320 4176
M   +31 6 201 98 337
I /

BinckBank N.V.
Barbara Strozzilaan 310
1083 HN Amsterdam

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Source: BinckBank N.V. via Thomson Reuters ONE

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