The first RMBS was launched in 2019 to gain additional access to potential central bank liquidity and has a current volume of EUR 799 million, collateralized by Dutch residential mortgages. This is now increased to EUR 1.6 billion.
The RMBS is a retained transaction, with Triodos Bank maintaining full ownership of the notes. There are no plans to sell the securitisation notes to external investors. The mortgages remain on the balance sheet of Triodos Bank and all economic benefits of the underlying mortgage loans remain with Triodos Bank. Clients with a mortgage loan will continued to be served by Triodos Bank.
Triodos Bank is specialised in sustainable mortgages. The more energy-efficient a house, the lower the mortgage interest rate. Furthermore, Triodos Bank is the first Dutch lender to launch a biobased mortgage whereby the interest rate is linked to the choice of materials for the construction of a home.