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After the global financial crisis of 2008, Fortis Bank's banking activities in the Netherlands are sold to the Dutch State. In Belgium, the State becomes a 99.93% shareholder of Fortis Bank. In 2009, BNP Paribas acquired 75% of Fortis Bank in Belgium, while the Belgian State acquired 10.3% of BNP Paribas' shares.
Bank name Parent or group Subsidiaries or previous names Head office location SWIFT BIC-code; Argenta (bank) [1] Argenta Group Antwerp: ARSP BE 22 Attijariwafa Bank Europe Belgium [2] Le Groupe Attijariwafa bank Brussels: WAFA BE BB AXA Bank: AXA Group Brussels: AXAB BE 22 Bank J.Van Breda & Co Ackermans & van Haaren (78.75%), Promofi (21.25% ...
Sunday also, Fortis Bank came forward to reassure its customers, with CEO Dierckx stating that Fortis Bank was now the safest bank in the world, not only being a bank with probably the highest degree of solvability in all of Europe, but also being the 99% property of the Belgian government and being partnered with BNP Paribas, a very secure bank.
Child & Co (a branch of The Royal Bank of Scotland), part of NatWest Group; Coutts & Co (a subsidiary of National Westminster Bank), part of NatWest Group; Deutsche Bank; Drummonds Bank (a branch of The Royal Bank of Scotland), part of NatWest Group; Duncan Lawrie; First Trust Bank, part of Allied Irish Banks; Habib Bank AG Zurich; ICICI Bank ...
Bank Norwegian Denmark, branch of Bank Norwegian AS, Norway; BIL Danmark, branch of Banque Internationale à Luxembourg S.A., Luxemburg; BNP Paribas Fortis Danmark, branch of BNP Paribas Fortis SA/NV Belgium; Carnegie Investment Bank, branch of Carnegie Investment Bank AB (PUBL),Sweden; Citibank International Limited
The sales of the Fortis shares was suspended by a court order from the Court of Appeal on Friday, 12 December [21] [22] [23] In the end of January, the Belgian government and BNP negotiated for a 75% partnership in Fortis Bank Belgium. Fortis Insurance Belgium would be reintegrated in Fortis Holding. [24]
On June 23, 1999, all the Fortis banking companies merged, but the merger was not seen on the streets until March 21, 2000, when the name Fortis Bank was henceforth used. [7] Fortis Bank was created in 1999 from the merger of Générale de Banque and ASLK / CGER in Belgium, and Generale Bank Nederland, VSB Bank and MeesPierson in the ...
The following day, Fortis was partially nationalised on 28 September 2008, with Belgium, the Netherlands and Luxembourg investing a total of €11.2 billion (US$16.3 billion) in the bank. Belgium will purchase 49% of Fortis's Belgian banking division, with the Netherlands doing the same for the Dutch banking division.