A new building for 's Heeren Loo Zorggroep

23 May 2013 - Good health and well-being (SDG 3), Sustainable cities and communities (SDG 11)

Over the past four years, 's Heeren Loo Zorggroep has invested 175 million euros in improving housing for people with intellectual disabilities. The loans for these investments were provided by a consortium of BNG Bank, ABN AMRO and ING Bank.

Biggest institution in the intellectual disability care sector

With fourteen thousand employees and a budget of over six hundred million euros, 's Heeren Loo Zorggroep is the Netherlands' largest institution operating in the intellectual disability care sector. Investments in property are required because a significant amount of housing is now out of date. Like other institutions in the intellectual disability care sector, 's Heeren Loo Zorggroep can only fund part of the necessary investments itself, which is why it needed a loan. 

Lending

Over the past four years, 175 million euros has been invested. 's Heeren Loo Zorggroep was given the autonomy to decide when and in what amounts the short-term loans were converted into long-term loans. The Healthcare Sector Guarantee Fund (WfZ) was closely involved in the process and gave a favourable opinion at the outset regarding this financing arrangement.

Driven by social impact

We are the bank for the Dutch public sector and we are driven by social impact. We aim to be a natural partner for our clients by helping them addressing the social challenges they have to cope with. Instead of maximising profits, our priority is to maximise the social impact of our activities.

The Netherlands

Map of the Netherlands

Financing

EUR 175 million

Stakeholders

BNG Bank, ABN AMRO Bank en ING Bank

More information

Good health and well-being (SDG 3)

Good health and well-being (SDG 3)

BNG Bank contributes to affordable health care for everyone.

BNG Bank is a partner in improving sustainability of hospitals and other health care facilities.

Sustainable cities and communities (SDG 11)

Sustainable cities and communities (SDG 11)

As a partner of social housing associations, BNG Bank contributes to better and liveable communities.

As a partner of municipalities, BNG Bank contributes to affordable and better social provisions.

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