Crédit Communal De Belgique
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Crédit Communal De Belgique
The Crédit Communal de Belgique (, ) was a Belgian financial institution, established in 1860 and eventually merged with Crédit Local de France in 1996 to form Dexia. By the mid-1990s, it was the second-largest Belgian bank by total assets (behind the Générale de Banque) and the largest one by deposits. History The Crédit Communal de Belgique was created in 1860 on the initiative of Walthère Frère-Orban, taking advice from statesman Henri de Brouckère and financier Jonathan-Raphaël Bischoffsheim. The aim was to grant credit to municipalities for their investments, for which the bank was established in the form of a cooperative, namely a public limited company owned by Belgian municipalities. Municipalities that wanted to borrow from it had to subscribe to shares for at least 5% of the amount of their loan, thus gradually establishing a proper capital base for the bank. The Crédit Communal's founding act was made by lawmaker Auguste Orts and Jacques Gillon, the mayor of ...
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Brussels CCB
Brussels, officially the Brussels-Capital Region, (All text and all but one graphic show the English name as Brussels-Capital Region.) is a Communities, regions and language areas of Belgium#Regions, region of Belgium comprising #Municipalities, 19 municipalities, including the City of Brussels, which is the capital of Belgium. The Brussels-Capital Region is located in the central portion of the country. It is a part of both the French Community of Belgium and the Flemish Community, and is separate from the Flemish Region (Flanders), within which it forms an enclave, and the Walloon Region (Wallonia), located less than to the south. Brussels grew from a small rural settlement on the river Senne (river), Senne to become an important city-region in Europe. Since the end of the Second World War, it has been a major centre for international politics and home to numerous international organisations, politicians, Diplomacy, diplomats and civil servants. Brussels is the ''de facto' ...
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Belgian Banking Commission
The Belgian Banking Commission () was a Belgian financial supervisory authority created in 1935 in the aftermath of the European banking crisis of 1931, financial turmoil of the early 1930s. It was later renamed CBF in 1990 (, ), then CBFA in 2004 (, ). The Commission's existence ended in 2011, with its duties were shared between the National Bank of Belgium and the newly established Financial Services and Markets Authority (Belgium), Financial Services and Markets Authority. Naming As with most Belgian financial institutions, the Commission was generally referred to by its French name in its first decades of existence, including in English-speaking contexts. As Belgian linguistic practices and sensitivities evolved in the postwar period, more emphasis was gradually placed on parity of status between French and Dutch. The acronyms CBF and CBFA were specifically construed so as to be identical in the two languages. Commission bancaire The Banking Commission was established in ...
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Landesbank
In German-speaking jurisdictions, ''Landesbank'' (plural ), , refers to a category of public sector banks that are owned by one or more of the ''Länder'' ( federated internally self-governing states). Institutions of this type exist in most German states, as well as Austria and Switzerland. Austria-Hungary In the Austro-Hungarian Empire under the rule of the Habsburg monarchy, were government-sponsored banks established in some of the kingdoms and lands of the crown: * '' Landesbank des Königreichs Galizien und Lodomerien mit dem Grossherzogtum Krakau'', est. 1883 in Lemberg (now Lviv) for the Kingdom of Galicia and Lodomeria and the Grand Duchy of Kraków * '' Landesbank des Königreiches Böhmen'', est. 1890 in Prague for the Kingdom of Bohemia * '' Landesbank für Bosnien und Herzegowina'', est. 1895 in Sarajevo for Bosnia and Herzegovina under Austro-Hungarian rule * ''Bukowinaer Landesbank'', est. 1905 in Czernowitz (now Chernivtsi) for the Duchy of Bukovina * '' Kr ...
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SFIL
SFIL, known until 2015 as Société de Financement Local, is a French public credit institution spun off in February 2013 from the publicly rescued Dexia. SFIL operates in local public sector financing and large export credit contracts refinancing, in commercial partnership with publicly owned bank La Banque Postale (LBP). Since 2020 it has been fully owned by Caisse des Dépôts et Consignations (CDC), France's major public financial institution, but for a single share still held by the French state. SFIL has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank. History Dexia sold the Société de Financement Local (SFIL) for one euro in January 2013, following which the bank's new shareholders were the French state (75 percent), CDC (20 percent), and LBP (5 percent). The transferred operations included the Dexia Municipal Agency, a debt-issui ...
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Kuntarahoitus
Kuntarahoitus Oyj, variously branded Municipal Finance or Municipality Finance or MuniFin in English, is a public financial institution in Finland and the country's third-largest credit institution by total assets, behind Nordea and OP. Kuntarahoitus plays a central role in financing local government in Finland. It is the first Finnish green and social bond issuer. Its customers are Finnish municipalities, municipal associations, municipal-owned enterprises, and public-benefit housing companies that engage in state-supported social housing production and are approved by the Housing Finance and Development Centre of Finland (ARA). As of end-2022, it had €48 billion in total assets. Kuntarahoitus has been a member of the United Nations Global Compact since October 2020. Overview Kuntarahoitus was established in 2001 by merger of two predecessor entities, the so-called the old Kuntarahoitus Oy (est. 1990) and Kuntien Asuntoluotto Oyj. As of the mid-2010s, it financed around 80 ...
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Bank Nederlandse Gemeenten
BNG Bank N.V. is a Dutch bank specializing in providing financing for (semi-) publicly owned organizations. Ranked by assets alone, it is ranked as the 4th bank in the Netherlands. The Dutch state owns 50% of the company, while the remainder is owned by the municipalities and provinces. History The company was founded in 1914 in The Hague as the Gemeentelijke Credietbank (Municipal Credit Bureau) in 1922 and then changed its name to Bank voor Nederlandsche Gemeenten () in the 1990s, before finally changing it to BNG Bank in 2018. BNG Bank does not provide financing to private customers, but exclusively to (semi-)public organizations, such as municipalities, provinces, public utilities, health care organisations and public housing. BNG has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank. Awards The magazine '' Global Finance'' rated BNG ...
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Fortis Group
Fortis N.V./S.A., was a Benelux-centered global financial services group active in insurance, banking and investment management, initially formed in 1990 by a three-way Belgian-Dutch merger and headquartered in Brussels. It grew rapidly through multiple acquisitions, and in 2007 was the 20th largest financial services business in the world by revenue. It was listed on the Euronext Brussels, Euronext Amsterdam, and Luxembourg stock exchanges. Fortis encountered severe problems in the 2008 financial crisis, not least as a consequence of participating in 2007 in the joint acquisition of ABN AMRO together with Royal Bank of Scotland Group and Banco Santander. It received an emergency bailout from the governments of Belgium and the Netherlands and was broken up soon thereafter. As a consequence: * Fortis Bank Nederland was nationalised by the Dutch government and merged in July 2010 with ABN AMRO's former Dutch operations, which had not yet been integrated with Fortis following the ...
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François Narmon
François, Baron Narmon (26 January 1934 – 14 March 2013) was a Belgian businessman and president of Dexia Group and the Belgian Olympic Committee.Véronique POUILLARD, (1999), "François Narmon" in Cent grands patrons du vingtième siècle en Belgique,E. Buyst- G.- Kurgan-van Hentenryk éd., Bruxelles, A. Renier, pp. 164–165. From 2002 until 2004 he was a member of the International Olympic Committee. Born in Jette, Narmon obtained a licentiate degree as commercial engineer from the Université libre de Bruxelles ( École de commerce Solvay). He lectured on accountancy at the Université libre de Bruxelles and the Vrije Universiteit Brussel, and made the local ''Gemeentekrediet'' into the financial enterprise Dexia. He died on 14 March 2013 in Meise Meise () is a municipality in the province of Flemish Brabant, in the Flemish region of Belgium. The municipality comprises the towns of Meise proper and Wolvertem (a ''deelgemeente''), and several smaller villages like ...
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Bank Brussels Lambert
Bank Brussels Lambert (BBL, ) was a prominent Belgian bank that was created in 1975 through the merger of Banque de Bruxelles and Banque Lambert, and was eventually acquired in 1998 by ING Group; however the name survived as part of Groupe Bruxelles Lambert, which controlled the bank prior to its acquisition. Overview The 1975 merger made BBL the second largest Belgian bank at that time. It provided retail and commercial banking services to individuals and businesses in Belgium, together with related financial products such as insurance and asset management. In 2003, ING rebranded BBL as ING Belgium. The headquarters of BBL, now an office of ING Group, was the former head office building of Bank Lambert on Marnixlaan 24, Brussels. This modernist building was the only European building designed by the American architect Gordon Bunshaft making it one of the most important modernist architectural buildings in Belgium. See also * Dexia * Fortis Group * KBC Group KBC Group ...
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Office Central De Crédit Hypothécaire
the Office Central de Crédit Hypothécaire (, acronymized as OCCH/CBHK, ) was a Belgian public financial institution, created in 1936 to support mortgage credit and dismantled in 2000-2001. Overview The Office was established by a decree of , amended by a decree of , aimed primarily to further the development of residential building for the middle classes, mostly by providing cheap credit assistance to existing mortgage credit organizations. The Belgian Treasury put 50 million Belgian francs at the disposal of the OCCH and it was authorized to issue bonds or notes under the guarantee of the Belgian state. The OCCH's role and usefulness as a public-sector organization came into debate in the 1980s and 1990s. The Belgian government coalition agreement of foresaw a combination of public-sector banks, resulting in legislation of that mandated the integration of the Crédit Communal de Belgique, Société Nationale de Crédit à l'Industrie, and OCCH. The Crédit Communal, however ...
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Société Nationale De Crédit à L'Industrie
Groupe Lactalis S.A. (doing business as Lactalis) is a French multinational dairy products corporation, owned by the Besnier family and based in Laval, Mayenne, France. The company's former name was Besnier S.A. Lactalis is the largest dairy products group in the world, and is the second largest food products group in France, behind Danone. It owns brands such as Parmalat, Président, Kraft Natural Cheese, Siggi's Dairy, Skånemejerier, Rachel's Organic, and Stonyfield Farm. History André Besnier started a small cheesemaking company in 1933 and launched its '' Président'' brand of Camembert in 1968. In 1990, it acquired Group Bridel (2,300 employees, 10 factories, fourth-largest French dairy group) with a presence in 60 countries. In 1992, it acquired United States cheese company Sorrento. In 1999, ''la société Besnier'' became ''le groupe Lactalis'' owned by Belgian holding company BSA International SA. In 2006, they bought Italian group Galbani, and in 2008, bought Swis ...
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Banque Internationale à Luxembourg
Banque Internationale à Luxembourg S.A. (BIL, "International Bank in Luxembourg": Luxembourgish: ''International Bank zu Lëtzebuerg'') is the oldest private bank in Luxembourg. It offers commercial and corporate banking services, and was the country's third-largest employer by 2011, with 3,640 employees. Since 2018, it has been majority-owned by China-headquartered Legend Holdings. The bank has offices in Luxembourg, Switzerland and China. BIL has been designated in 2018 as a Significant Institution under the criteria of European Banking Supervision, and as a consequence is directly supervised by the European Central Bank. History The bank was founded on 8 March 1856, with involvement of leading financiers Gustav Mevissen, Abraham Oppenheim, and the Pereire brothers. Its initial shareholders included the banking houses Emile Erlanger & Co. (40 percent), Sal. Oppenheim (16 percent), and A. Schaaffhausen'scher Bankverein (16 percent). Its first counter opened on 31 July ...
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