Back دكسيا Arabic Dexia Byelorussian Dexia Danish Dexia German Dexia Spanish دکسیا Persian Dexia (banque) French דקסיה HE डेक्सिया Hindi Dexia ID
 | This article may require cleanup to meet Wikipedia's quality standards. The specific problem is: the history section listed too many news event since 2008 as a trivial collection. (February 2019) |
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| Company type | state-owned enterprise |
|---|---|
| Euronext Brussels: DEXB | |
| Industry | Financial services |
| Founded | 1996 |
| Headquarters |
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Area served | Worldwide |
Key people | Robert de Metz (Chairman, board of directors), Karel De Boeck (Managing Director, President of Executive Committee) |
| Products | Public sector banking, commercial banking, private banking, insurance |
 € -462 million (2017) | |
| Total assets | €180,938 million (end 2017) |
| Total equity |  €4,992 million (end 2017) |
| Owner |
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Number of employees | 22461 (2011) |
| Subsidiaries |
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| Capital ratio | 19.5% (CET1, end 2017) |
| Website | Official website |
| Footnotes / references in consolidated financial statement[2] | |
Dexia N.V./S.A., or the Dexia Group, is a Franco-Belgian financial institution formed in 1996. At its peak in 2010, it had about 35,200 members of staff and a core shareholders' equity of €19.2 billion.[3]
In 2008, the bank entered severe financial difficulties and received taxpayer bailouts for €6 billion, and it became the first big casualty of the 2011 European sovereign debt crisis. Due to big losses, suffered among others from the debt haircut on Greek government bonds, its Common Equity Tier 1 (CET1) capital ratio became negative during the second half of 2011,[citation needed] and an orderly resolution process began in October 2011.[4][5]
As part of the resolution, Dexia Bank Belgium was bought out from the Dexia group by the Belgian state and has continued to operate, since March 2012 under the new name Belfius. The French bank focused on local government lending was restructured as SFIL. The remaining part of the Dexia group was left in a "bad bank", still called Dexia, to be gradually wound down.[6]
- ^ "Dexia va déménager à l'automne, pour s'installer dans la tour... Bastion". L'Echo. 12 May 2012.
- ^ "2017 Annual Report" (PDF). Dexia. 2018. Archived from the original (PDF) on 1 May 2018. Retrieved 30 April 2018.
- ^ "Annual report 2010 Archived 22 February 2019 at the Wayback Machine." Dexia. 265/268. Retrieved 11 October 2011. "Dexia SA Place Rogier 11 B-1210 Brussels"
- ^ Treanor, Jill (10 October 2011). "Dexia gets new bailout with €4bn Belgian deal". The Guardian. London.
- ^ Dalton, Matthew (10 October 2011). "France, Belgium Reach Pact on Ailing Dexia". The Wall Street Journal. Retrieved 10 October 2011.
- ^ "EU clears Dexia's €90bn restructuring plan". London: The Telegraph & AFP. 28 December 2012.
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