DNB governor apologises for its role in slavery

Knot outlines central bank’s close links to slave trade and pledges to fund diversity projects

Klaas Knot
DNB governor Klaas Knot
Photo: DNB

The governor of the Netherlands Bank (DNB) formally apologised for its historic involvement in the slave trade in a speech he gave on July 1.

Klaas Knot offered the DNB’s “sincere apologies to all descendants of enslaved people” in the Netherlands and its former colonies. Knot said the central bank will fund schemes aimed at aiding the descendants of enslaved people in the Netherlands, Suriname and the Caribbean.

The DNB will spend €5 million ($5.12 million) over the next 10 years, on

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account