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Belgium Banking News. Service for global professionals. Constantly updated news and information about Belgium.
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Latest Belgium Banking News

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  • ATM: 40 years of 24-hour dough 24 Nov 2009 01:33 GMT
    ... Machine in 1981, aimed to make ATM banking a little less robotic, says Reena Atanasiadis, ... at bank-owned ATMs in 2008, the Canadian Bankers Association reports. Canadians made 257 million transactions ... the United States and the United Kingdom. Belgium comes up second, with 1,448 machines per ...

  • Luxembourg is emerging as important domicile for funds, sukuk 23 Nov 2009 00:31 GMT
    ... bank, Yves Mersch, has called on European banking authorities to familiarize themselves with Islamic banking ... addressing the 5th Economic Forum of the Belgium-Luxembourg-Arab Countries held in Brussels last week, said ... liquidity management for reserve funds at central banks, especially in Western jurisdictions. This flexible approach ...

  • Walker's World: Europe's drab new leaders 23 Nov 2009 05:11 GMT
    ... Belgian Prime Minsiter Herman Van Rompuy (L) and ... top posts. The current prime minister of Belgium, Herman Van Rompuy, will become EU president ... appointment comes as one of Europe's top banks warns that the global economy looks like ...

  • AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update 23 Nov 2009 21:50 GMT
    ... Philippines 9.875%, 1/15/19 1.20% 7)Citigroup/Deutsche Bank Commercial Mortgage 1.18% Trust Series 2006-CD2, Class A2 5.408%, ... - Entertainment 0.09% SUBTOTAL 29.04% Financial Institutions: Banking 1.76% Finance 0.74% Insurance 0.67% REITS 0.20% ... Poland 0.07% Supranational 0.07% Costa Rica 0.02% Belgium 0.01% Total 100.00% Credit Quality Breakdown Portfolio ...

  • AllianceBernstein Income Fund Releases Monthly Portfolio Update 23 Nov 2009 22:55 GMT
    ... Portfolio % Governments - Treasuries: Treasuries 55.30% Mortgage Pass-Thru's: Agency ARMS 4.58% Agency Fixed Rate ... 8.36% Corporates - Investment Grades: Financial Institutions: Banking 2.24% Finance 0.40% Insurance 0.22% Other Finance ... 0.11% Switzerland 0.11% France 0.11% Germany 0.08% Belgium 0.04% Luxembourg 0.02% South Africa 0.01% Greece ...

  • Dexia, SocGen have no comment on merger report 23 Nov 2009 10:54 GMT
    ... local authorities. The shares of the two banks rose, with Dexia adding 2.4 percent and ... 5.7 percent stake in Dexia, behind the Belgian government's 11.5 percent, and does not own ... billion euros ($9.56 billion) from France, Luxembourg, Belgium and key shareholders in September 2008. The ...

  • French and Benelux stocks - Factors to watch on Nov 23 23 Nov 2009 07:13 GMT
    ... exclusive talks with Xiring to acquire its banking activity. The transaction is expected to be ... this fiscal year. Fluxys, the operator of Belgium's network of natural gas pipelines, said on ... maturing in 2015 and closed it early. Belgian zinc producer says it plans to close ...

  • Could life be returning to M&A in chemical distribution? 23 Nov 2009 00:15 GMT
    ... other private-equity-owned businesses, such as Azelis, of Belgium, Netherlands-based IMCD and the global Univar, might ... will need to find four or five banks to take over Brenntag's debt, which is divided ...

  • Juncker vows to stay on as eurogroup head 23 Nov 2009 21:33 GMT
    ... including his country, along with Austria and Belgium, in a "gray" list of countries deemed ... with their plans to deal with the banks' impaired assets, arguing that no sustainable recovery ... be possible until "we have solved this banking crisis." The monthly informal eurogroup talks are ...

  • EU approves Lloyds, ING & KBC restructuring 23 Nov 2009 11:36 GMT
    ... British bank Lloyds, Dutch counterpart ING and Belgium’s KBC Bank, all rescued by public bailouts ... disturbance in a member state’s economy The banks received substantial state bailouts after being caught ... measures were designed to make them viable banking operations. Lloyds has announced that it will ...

  • Washington Post 23 Nov 2009 08:16 GMT
    ... Meles Zenawi, Azeb Mesfin, their children, Sebhat Nega and Berhane Gebre Kirstos stationed in Belgium any looted money is deposited in foreign banks. I honestly believe Ethiopian treasuries are being shipped to European and Chinese banks for the ...

  • Big 5 Builders' Fair Opens on Upbeat Note 23 Nov 2009 20:26 GMT
    ... the major exhibitors are Climatech of Canada, Belgium’s Echo Engineering, Germany’s Hoermann KG VKG and ... October, the local building industry and the bankers and service companies that support it have been ...

  • Return to the bad old days 23 Nov 2009 08:10 GMT
    ... IT HAS only been days since the countries of Europe ... ironic it was, therefore, to see the Belgian Prime Minister, Herman Van Rompuy, the new ... I am also hunting another family called Banks who lived at 5, Sutton Street, Tuebrook, ...

  • EU appointments reflect growth of national conflicts in Europe 23 Nov 2009 12:53 GMT
    ... EU appointments reflect growth of national conflicts in Europe ... President Nicolas Sarkozy had agreed on the Belgian prime minister in advance. His membership in ... but those of the most powerful European banks and corporations. The attempt to establish a ...

  • EU clears government bailouts for ING and KBC after banks agree to shed operations 18 Nov 2009 12:40 GMT
    ... Union regulators on Wednesday approved Dutch and Belgian state bailouts for ING and KBC banks ... to repay hybrid and subordinated debt capital. Belgium's KBC will divest a Belgian mortgage lender ... risk. It plans to divest a private banking unit that does not operate under the ...


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