SNS REAAL was a Dutch financial institution in insurance and banking which focused on the private market and small to medium businesses.

The services to private and corporate clients are mainly from SNS Bank and insurance brand REAAL.

SNS Bank served its customers through its own stores, independent intermediaries, internet, and telephone.

In 1998, SNS founded Proteq Dier & Zorg (English: "Animal and care"), a wholly owned subsidiary providing insurance for pets.

[4] The bank used the money raised as part of the IPO for acquisitions and in particular wanted to buy an insurance company.

The depreciation on real estate purchase eventually led to the forced nationalization of SNS REAAL on 1 February 2013.

In early June 2007 it was announced that SNS Reaal took over the Dutch activities of the French insurance group AXA for an amount of €1.75 billion.

[11] With this takeover, SNS REAAL became the second-largest pension and life insurance company in the Netherlands.

The government received in exchange for this special effects based on a price of €5.25 per piece, under the Dutch standard terms.

On 1 February 2013 the Dutch Minister of Finance, Jeroen Dijsselbloem, announced the decision to expropriate securities and assets of SNS REAAL and SNS Bank NV in connection with the stability of the financial system, thus bringing the bank under state control.

[22] By June 2016, a deal was made with Lone Star Funds and JPMorgan to buy Propertize for €895 million.