Belgium Banks


Belgium, officially the Kingdom of Belgium, is a state in Western Europe. It is a founding member of the European Union and hosts the EU's headquarters, as well as those of several other major international organizations such as NATO. Belgium covers an area of 30,528 square kilometres (11,787 sq mi), and it has a population of about 10.8 million people. Straddling the cultural boundary between Germanic and Latin Europe, Belgium is home to two main linguistic groups, the Dutch-speakers, mostly Flemish, and the French-speakers, mostly Walloons, plus a small group of German-speakers. Belgium's two largest regions are the Dutch-speaking region of Flanders in the north and the French-speaking southern region of Wallonia. The Brussels-Capital Region, officially bilingual, is a mostly French-speaking enclave within the Flemish Region. A small German-speaking Community exists in eastern Wallonia. Belgium's linguistic diversity and related political and cultural conflicts are reflected in the political history and a complex system of government




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  List of Banks in Belgium

Central Bank: The National Bank of Belgium (Nationale Bank van België in Dutch, Banque nationale de Belgique in French, and Belgische Nationalbank in German) has been the central bank of Belgium since 1850. The National Bank of Belgium was established with 100% private capital by a law of 5 May 1850 as a Société Anonyme.

It is a member of the European System of Central Banks.

The governor of the National Bank is a member of the Governing Council, the main decision-making body of the Eurosystem, particularly as regards monetary policy; the National Bank of Belgium participates in the preparation and execution of its decisions.

Apart from monetary policy, the National Bank of Belgium takes on other tasks which can be classified as follows:

the issuing of euro banknotes
the printing of euro banknotes and the placing in circulation of euro coins
the management of foreign currency reserves
the collection, circulation and analysis of economic and financial information
the stability of the Belgian financial sector
the role of financial ambassador to international economic institutions
services for the Belgian State
services for the Belgian financial sector
services for the general public
50% of the NBB stock is freely traded on Euronext Brussels, the other 50% of the shares are owned by the Belgian government. (400.000 shares in total)


List of Belgian banks

 Major banks
Dexia Bank België NV
Fortis Bank NV (BNP Paribas)
ING België NV (ING Group)

 Minor banks
Antwerpse Diamantbank NV
Banca Monte Paschi Belgio NV
Bank Degroof NV
Bank Delen & de Schaetzen NV Bank Delen of Bank de Schaetzen or "DDS Bank NV"
Bank J. Van Breda en C° NV
Bank van De Post NV
Banque Eni NV
Banque Transatlantique Belgium NV
Byblos Bank Europe
CBC Banque NV
Citibank Belgium NV
Commerzbank Belgium NV
Delta Lloyd Bank NV
Deutsche Bank NV
Ethias Bank NV
Euroclear Bank NV
Europabank NV
Goffin Bank NV
Keytrade Bank
Petercam N.V. / S.A
Puilaetco Dewaay Private Bankers NV
Puilaetco Private Bankers NV
Santander Benelux NV
SG Private Banking NV
Shizuoka Bank (Europe)NV
UBS Belgium NV
United Taiwan Bank NV
van de Put & C° Banque de Titres/Effectenbank S.C.A.
Van Lanschot Bankiers België NV.


Belgium Bank identification codes


The modern, private enterprise economy of Belgium has capitalized on its central geographic location, highly developed transport network, and diversified industrial and commercial base. The first country to undergo an industrial revolution on the continent of Europe in the early 19th century, Belgium developed an excellent transportation infrastructure of ports, canals, railways, and highways to integrate its industry with that of its neighbors. Industry is concentrated mainly in the populous Flanders in the north, around Brussels and in the 2 biggest Walloon cities, Liège and Charleroi, along the sillon industriel. Belgium imports raw materials and semi-finished goods that are further processed and re-exported. Except for its coal, which is no longer economical to exploit, Belgium has virtually no natural resources. Nonetheless, most traditional industrial sectors are represented in the economy, including steel, textiles, refining, chemicals, food processing, pharmaceuticals, automobiles, electronics, and machinery fabrication. Despite the heavy industrial component, services account for 74.9% of GDP, while agriculture accounts for only 1% of GDP.

With exports equivalent to over two-thirds of GNP, Belgium depends heavily on world trade. Belgium's trade advantages are derived from its central geographic location and a highly skilled, multilingual, and productive work force. One of the founding members of the European Community, Belgium strongly supports deepening the powers of the present-day European Union to integrate European economies further. About three-quarters of its trade is with other EU countries.

Belgium's public debt is about 99% of GDP. The government succeeded in balancing its budget during the 2000-2008 period, and income distribution is relatively equal. Belgium began circulating the euro currency in January 2002. Economic growth and foreign direct investment dropped in 2008. In 2009 Belgium is likely to have negative growth, growing unemployment, and a 3% budget deficit, stemming from the worldwide banking crisis.

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