Fortis

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FORTIS was a company active in insurance, banking and investment management. In 2007 it was the 20th largest business in the world by revenue but after encountering severe problems in the financial crisis of 2008, most of the company was sold in parts, with only insurance activities remaining.

In April 2009, BNP Paribas purchased a 75% stake in Fortis Bank, the Belgian banking business making BNP the eurozone's largest bank by deposits held. Fortis retained the rest of its insurance operations, and changed its name to Ageas in April 2010, with ownership of the Fortis brand having passed to BNP Paribas (BNP Paribas Fortis).

HQ: Brussels, Belgium
Founded: 1990
ID: 706. Updated: 06.10.2019

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