name: BNP Paribas Fortis
BNP Paribas Fortis (BNP Paribas Fortis), whose main business is to operate an international bank in Belgium, owns 75% of the bank, formerly known as Fortis Bank of the Netherlands.
Due to the subprime mortgage crisis and management errors, the Dutch and Luxembourg Fortis Bank branches were sold by ABN AMRO to the Dutch and Luxembourg governments. The first part of Fortis Bank was acquired by the Belgian government at a price of 4.7 billion euros, and then completely acquired by the Belgian government and sold to BNP Paribas.
Fortis subsidiaries of BNP Paribas include: Fortis Investment-Asset Management, Fortis Group Leasing, Fortis Bank of Poland, Dominet Bank, Fortis Bank of Turkey, BGL SA. Headquartered in Brussels, Belgium, the CEO is Maxim Yado, with 37,000 employees, of which 18,000 are in Belgium.
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