Dutch central bank apologises for historic links to slave trade | Slavery News


De Nederlandsche Financial institution proclaims a collection of measures geared toward decreasing ‘unfavourable results of Nineteenth-century slavery’.

The Dutch central financial institution chief has apologised for the establishment’s involvement within the Nineteenth-century slave commerce, the most recent expression of contrition within the Netherlands linked to the nation’s historic position within the commerce in enslaved folks.

The apology got here on Friday at an occasion on the nation’s nationwide day marking the Dutch abolishment of slavery and adopted comparable strikes in recent times from municipal authorities in the principle Dutch cities of Amsterdam, Rotterdam and Utrecht.

De Nederlandsche Financial institution has acknowledged that it was concerned within the transatlantic slave commerce between 1814 and 1863 and even paid compensation to plantation house owners when the Netherlands abolished slavery, together with to members of the central financial institution’s board on the time.

Klaas Knot, the president of the financial institution, advised a gathering in Amsterdam: “Right this moment, on behalf of De Nederlandsche Financial institution, I apologise for these reprehensible information.”

“I apologise to all those that, due to the private selections of many, together with my predecessors, had been lowered to the color of their pores and skin,” he mentioned.

The financial institution introduced a collection of measures together with boosting variety and inclusiveness in its ranks and organising a five-million-euro ($5.2m) fund for tasks geared toward decreasing “up to date unfavourable results of nineteenth-century slavery”.

Knot’s apology got here precisely a yr after Amsterdam Mayor Femke Halsema apologised for the Dutch capital’s position within the slave commerce.

In April, Dutch financial institution ABN AMRO additionally apologised for historic links to slavery within the 18th and Nineteenth centuries.

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