Fortis (Euronext: FORA, Euronext: FORB, LuxSE: FOR) is a company that was active in banking, insurance, and investment management. In 2007 it was the 20th largest business in the world by revenue, but most of the company was sold in parts in 2008, with only insurance activities remaining.
The Benelux countries were Fortis' home base and its strength. Fortis' banking operations included network (retail), commercial, and merchant banking; its insur...
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Fortis (Euronext: FORA, Euronext: FORB, LuxSE: FOR) is a company that was active in banking, insurance, and investment management. In 2007 it was the 20th largest business in the world by revenue, but most of the company was sold in parts in 2008, with only insurance activities remaining.
The Benelux countries were Fortis' home base and its strength. Fortis' banking operations included network (retail), commercial, and merchant banking; its insurance products included life, health, and property/casualty lines. Products were sold through independent agents and brokers, financial planners, and through Fortis Bank branches. It is listed on the Euronext Brussels, Euronext Amsterdam, and Luxembourg stock exchanges.
Fortis came into being in 1990, as the result of a merger of AMEV, a large Dutch insurer and VSB, a Dutch Banking Group; these were joined later that same year by AG, a Belgian insurer.
In addition to acquiring a retail bank in Poland, Fortis acquired 89.3% of the shares of...
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