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Dexia

Dexia
Company nameDexia N.V./S.A.
Company typeNaamloze vennootschap / Société anonyme (Euronext - DEXB, LuxSE - DXB)
IndustryFinancial services
Founded1996
HeadquartersBrussels, Belgium
Area servedWorldwide
Key peoplePierre Mariani (CEO), Jean-Luc Dehaene (Chairman)
ProductsPublic sector banking, commercial banking, private banking, insurance
Revenue-5.310 billion (2010)
Operating income-1.607 billion (2010)
Net income-723 million (2010)
Total assets-566.74 billion (end 2010)
Total equity-8.945 billion (end 2010)
Employees35,200 (end 2010)

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Dexia N.V./S.A., also referred to as the Dexia Group, is a Belgian-French financial institution active in public finance, providing retail and commercial banking services to individuals and SMEs, asset management, and insurance. The company has about 35,200 members of staff and core shareholders' equity of -19.2 billion as at 31 December 2010, and provides governments and local public finance operators with banking and other financial services. Asset Management and Services provides asset management, investor and insurance services, in particular to clients of the two other business lines. In 2008, the bank received bailouts for -6 billion, and it has become the first casualty of the 2011 European sovereign debt crisis. Negotiations are taking place for its breakup. Its headquarters are in Saint-Josse-ten-Noode, Brussels.


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