Dutch state nationalizes bank and insurer SNS Reaal NV, injects 2.2 billion euros in capital

  • by: TOBY STERLING , Associated Press
  • Updated: February 1, 2013 - 9:17 AM

AMSTERDAM - The Netherlands nationalized its fourth-largest bank on Friday, injecting (EURO)2.2 billion ($3 billion) to recapitalize SNS Reaal NV and head off any chance of a messy collapse that would threaten the country's fragile economy and financial system.

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