BNP Paribas Fortis is an international bank based in

Belgium Belgium, ; french: Belgique ; german: Belgien officially the Kingdom of Belgium, is a country in Northwestern Europe. The country is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to ...

and is a subsidiary of

BNP Paribas BNP Paribas is a French international banking group, founded in 2000 from the merger between Banque Nationale de Paris (BNP, "National Bank of Paris") and Paribas, formerly known as the Banque de Paris et des Pays-Bas. The full name of the grou ...

. It was formerly, together with

Fortis Bank Nederland Fortis Bank Nederland (formally Fortis Bank Nederland (Holding) N.V.) was a bank in the Netherlands until 2010. The holding came into being within Fortis Group, as a holding for those Dutch banks taken over by Fortis. In September–October 200 ...

, the banking arm of the financial institution Fortis. After the ultimately unsuccessful ABN-AMRO takeover, the subprime crisis and management mistakes led to the sale of the Dutch and Luxembourg parts of the banking branch to the

Dutch Dutch commonly refers to: * Something of, from, or related to the Netherlands * Dutch people () * Dutch language () Dutch may also refer to: Places * Dutch, West Virginia, a community in the United States * Pennsylvania Dutch Country People E ...

and

Luxembourg Luxembourg ( ; lb, Lëtzebuerg ; french: link=no, Luxembourg; german: link=no, Luxemburg), officially the Grand Duchy of Luxembourg, ; french: link=no, Grand-Duché de Luxembourg ; german: link=no, Großherzogtum Luxemburg is a small lan ...

governments. Fortis Bank itself was first partly bought by the

Belgian Belgian may refer to: * Something of, or related to, Belgium * Belgians, people from Belgium or of Belgian descent * Languages of Belgium, languages spoken in Belgium, such as Dutch, French, and German *Ancient Belgian language, an extinct languag ...

government (for €4.7 billion), then fully purchased by the government and sold to

. 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.Fortis asset sale to BNP cleared with Dutch OK. Reuters, April 29, 2009
Retrieved 30 April 2009. Herman Daems is Chairman of the Board of Directors of BNP Paribas Fortis. The CEO is Maxime Jadot.

Subsidiaries

* Fortis Investments - Asset Management, now part of BNP Paribas Investment Partners * Fortis Lease Group *

Bank BGŻ BNP Paribas A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital m ...

* Dominet Bank * Fortis Bank Turkey * BGL SA

References

External links

Website for individuals & small enterprises

International & corporate site

Corporate & Public Bank, Belgium''The major role of the Générale de Banque in the development in Belgium industry'', in Source d'Histoire''The street Royale in the heart of economic history of Belgium'', in Source d'Histoire
{{Authority control Banks of Belgium BNP Paribas Banks established in 1990

Subsidiaries

See also

References

External links