Dynamic Credit started in New York as a fixed-income asset management firm, extending our services with an advisory practice in the following years, eventually becoming a full-service asset manager and direct lender headquartered in Amsterdam. Dynamic Credit is organised along product lines: Multi Strategy Asset Management, Direct Lending Netherlands, and LoanClear. Within those product lines, our people tap into their expertise to service both investors and borrowers, and develop the software required to exceed expectations.
Key Functions (like legal, compliance, risk, talent management, finance, IT, office management) make sure the organisation can function and grow in the most optimal way. In 2022, BNP Paribas Asset Management (BNPP AM) became a majority shareholder, which allows Dynamic Credit access to a large and global distribution network. With the backing of a leading asset manager, Dynamic Credit can further build on its skillset in originating and managing loan portfolios, while significantly growing the asset base of BNPP AM.
During the global financial crisis in 2008-2009 Tonko advised the Dutch Central Bank and the Ministry of Finance on the solution for the US mortgage issues ING Bank was facing, giving the Dutch taxpayer a positive return of € 1.4 billion.
Frederik Roeskestraat 97-D
1076 EC Amsterdam
Dynamic Credit is looking for a Senior Full Stack Software Developer for our Amsterdam office, who has solid knowledge of software development in a cloud environment.
The mortgage market was significantly impacted by rising inflation, monetary tightening and an energy crisis in 2022. As interest rates rose, refinancing activity decreased and borrower demand shifted towards shorter fixed rate periods. Despite high inflation and energy costs, mortgage arrears remained at record-low levels due to a tight labor market and generous government support for higher energy prices. House prices decreased in the second half of the year as they started to adjust to the higher interest rate environment. In 2023, we can expect to see a decrease in new construction and house prices, but credit performance is expected to remain strong due to further government support to compensate high energy prices, a tight labor market and a growth of purchasing power.