The Dutch central bank was appointed administrator of beleaguered Dutch bank DSB by an Amsterdam court, Dutch broadcaster NOS reported on Monday, according to Reuters. NOS described the situation as similar to a court-ordered suspension of payments. The bank was not immediately available to comment. DSB, with a balance sheet of around 8 billion euros ($11.8 billion), is relatively small but it has a relatively high profile because of its aggressive lending, backed up by heavy advertising and high-profile sports sponsorships. On Oct. 1 the head of a foundation representing angry DSB customers went on national TV and urged DSB clients to withdraw their money. The bank has acknowledged withdrawals increased slightly after that and it has had problems with access to its Internet banking site.
