Loading...
See More

EU clears Dexia restructuring plans

Dec 28 2012 14:02 AFP
European Union

European Union (File, AFP)

Related Articles

Qatari royals in Dexia rescue deal

Dexia accepts rescue offer

Deal reached to dismantle Dexia

France, Belgium in urgent Dexia talks

Dexia customers pull €300m from bank

Dismal German bond sale shakes confidence

 

Brussels - The European Commission said Friday it had approved the latest restructuring plan for Dexia, the Franco-Belgian bank, bailed out at the height of the financial crisis and struggling ever since.

The Commission said the plan, and the state aid it includes, will allow the the core banking business to be wound up while the remaining assets, a development agency and the Belfius unit in Belgium, will be put on a sound base.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

dexia  |  banks
NEXT ON FIN24X

 

Lastest Articles

Here is how to check your credit score and manage it Read More...
Top tips to save money over the festive period Read More...
These are the top 5 most fuel efficient cars in SA Read More...
What to consider when switching medical aid schemes Read More...
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Brought to you by BizNews

More from BizNews

We're talking about:

Small Business

Retailers of any shape and size can now unlock the power of mobile transacting.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...