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

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