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The new company got a capital injection of €17,6 million from its five major shareholders Belfius, BNP Paribas Fortis, ING, KBC and AXA. [13] It then also merged its two existing payment apps called 'Payconiq' and 'Bancontact' into one app called 'Payconiq by Bancontact' which was supported by 20 Belgian banks and 290.000 stores in Belgium ...
In 2002, VMS-Keytrade became Keytrade Bank and acquired its banking status by taking over RealBank. [ 5 ] Between 2005 and 2016, Keytrade Bank was part of the Crelan Group , which until 2015 was 50% owned by the Crédit Agricole Group, one of Europe's largest groups (own funds of €64.8 billion and net profit of €6 billion [ 6 ] ).
In 2009, as a regulatory response to the revealed vulnerability of the banking sector in the financial crisis of 2007–08, and attempting to come up with a solution to solve the "too big to fail" interdependence between G-SIFIs and the economy of sovereign states, the Financial Stability Board (FSB) started to develop a method to identify G-SIFIs to which a set of stricter requirements would ...
The 2008–2009 Belgian financial crisis is a major financial crisis that hit Belgium from mid-2008 onwards. Two of the country's largest banks – Fortis and Dexia – started to face severe problems, exacerbated by the financial problems hitting other banks around the world.
Belfius Bank and Insurance, known as Dexia Bank Belgium until 1 March 2012, [1] is a Belgian state-owned bank that emerged from the dismantling of the Dexia group which had been purchased by the Belgian government on 10 October 2011 for 4 billion euros.
Linguistic map of Belgium. Officially Francophone areas in red.. Belgian French (French: français de Belgique) is the variety of French spoken mainly among the French Community of Belgium, alongside related Oïl languages of the region such as Walloon, Picard, Champenois, and Lorrain (Gaumais).
Philippe [a] (born 15 April 1960) is King of the Belgians.He is the eldest child of King Albert II and Queen Paola.He succeeded his father upon the former’s abdication for health reasons on 21 July 2013.
In 2014, the "big four" [65] together held over 66% of gross loans and controlled more than 67% of total assets in the banking system. [66] Bangkok Bank; Siam Commercial Bank; Krung Thai Bank; Kasikornbank; Before the Siamese Revolution, the banking system was controlled by foreign powers, particularly the "big four" European banks. [67]: 160–169