BNP Paribas Fortis
 | |
 Head office of BNP Paribas Fortis on the Rue Montagne du Parc/Warandeberg in Brussels | |
| Company type | Subsidiary |
|---|---|
| Industry | Financial services |
| Founded | 1990 |
| Headquarters | Brussels, Belgium |
Key people | Michael Anseeuw, CEO |
Number of employees | 37,000, of which 18.000 in Belgium |
| Parent | BNP Paribas |
| Website | www |
BNP Paribas Fortis is an international bank based in Belgium and is a subsidiary of French banking group BNP Paribas. The bank was created in May 2009 after BNP Paribas acquired 75% of the shares of the Belgian Fortis Bank from the Federal Participation and Investment Company. It was formerly, together with Fortis Bank Nederland, the banking arm of the financial institution Fortis. After the ultimately unsuccessful ABN-AMRO takeover, the subprime crisis and subsequent global financial crisis (GFC) led to the sale of the Dutch and Luxembourg parts of the banking branch to the Dutch and Luxembourg governments. Fortis Bank itself was first partly bought by the Belgian government (for €4.7 billion), then fully purchased by the government and sold to BNP Paribas.
BNP Paribas Fortis is the largest bank in Belgium. It offers a full range of financial services to private and corporate clients, wealthy individuals, companies, public and financial institutions. The activities are divided into four business lines: Retail & Private Banking, Corporate & Public Banking, Corporate & Investment Banking and Investment Solutions. The bank supports its clients abroad via offices in some 80 countries of the parent bank BNP Paribas.[1][2]
Max Jadot is Chairman of the Board of Directors of BNP Paribas Fortis. The CEO is Michael Anseeuw.
Subsidiaries[edit]
- Fortis
See also[edit]
References[edit]
- ^ Resolutions of the General Meeting of Shareholders of Fortis SA/NV held on 28 April 2009 in Ghent 28 April 2009[permanent dead link]. Fortis Press. Retrieved 29 April 2009.
- ^ Fortis asset sale to BNP cleared with Dutch OK. Reuters, April 29, 2009. Retrieved 30 April 2009.
External links[edit]
Media related to BNP Paribas Fortis at Wikimedia Commons
