The Dutch central bank, De Nederlandsche Bank (DNB), has begun a transition towards European IT solutions.
The central bank has signed what is described as a major agreement for the gradual migration of its cloud services to the cloud of Schwarz Digits. Schwarz Digits is a subsidiary of Schwarz Group, the parent company of supermarket chain Lidl.
According to Dutch media sources, the country's central bank and the authority regulating the financial sector already publicly expressed their concern last year about how dependent the country's economic actors are on American IT solutions.
Schwarz Digits began building a massive €11 billion data center in Germany at the end of 2025.
According to Dutch media sources, the country's central bank and the authority regulating the financial sector already publicly expressed their concern last year about how dependent the country's economic actors are on American IT solutions.
Schwarz Digits began building a massive €11 billion data center in Germany at the end of 2025.
