How will banking reforms affect the Dutch financial sector?
The Dutch government is keen to make numerous banking reforms, as the country attempts to trim its deficit.
National debt has increased by €150 billion since the start of the recession and Minister of Finance Jeroen Dijsselbloem believes the years of economic growth prior to 2008 resulted in more people falling into arrears.
When delivering the Budget Memorandum in September 2013, he insisted the Netherlands is still a "rich and prosperous country", but the financial crisis has exposed "substantial vulnerabilities".
He added the government is now devising a plan that will stimulate sustainable levels of economic growth and this could signal significant changes in the financial services sector.
In the past, banks were approving loans and overdrafts far too frivolously and the economic collapse of 2008-09 left many lenders on the brink of extinction.
Mr Dijsselbloem said that without intervention, the deficit could expand to -3.9 per cent of gross domestic product and this latest package of cutbacks and tax increases will create structural savings of €6 billion.
Speaking to Dutch national daily newspaper the Volkskrant, he said banking reform was "a matter of the highest urgency", but EU ministers are split on how quickly these changes should be introduced.
Although the Netherlands must overcome many challenges before it achieves levels of growth seen before the global economic downturn, a recent study by Allianz suggested the nation's financial industry is still the envy of many.
The company's Global Wealth Report 2013 showed that Dutch households invest 64 per cent of their assets into insurance policies and pensions, which is more than any other western European country.
Allianz's study also confirmed the Netherlands is second only to Sweden when it comes to total asset growth. This provides some evidence to suggest the Netherlands' debt problems are not as bad as they first seem, with many citizens planning for the future.
It will be interesting to see what impact, if any, the proposed changes within the Dutch financial sector have on these figures in the years to come.