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Summary: Dexia Credit Local Aug 04

  • ID: 1857828
  • August 2004
  • Standard & Poors
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FEATURED COMPANIES

  • Belfius Bank SA/NV
  • Dexia Credit Local
  • MORE

Abstract
The ratings on Dexia Crédit Local (DCL), Dexia Bank S.A. (DB), and Dexia Banque Internationale à Luxembourg rely on a consolidated analysis of the Dexia group (Dexia) to which they belong. Dexia is characterized by a low-risk business mix, excellent asset quality, good operating performance, and satisfactory capital base. Dexia, formed in 1996 through the strategic alliance of France-based DCL and Belgium-based DB, is among the 25 largest banking groups in Europe. It benefits from a strong market position and good financial performance in most of its core businesses: namely, public and project finance in Europe and the U.S.; retail banking in Belgium and Luxembourg; and investment management services in Europe. After pursuing a dynamic acquisition policy over the past...

Companies mentioned in this report are:
- Dexia Credit Local
- Banque Internationale a Luxembourg
- Belfius Bank SA/NV

Action: Review

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's READ MORE >

Note: Product cover images may vary from those shown
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- Dexia Credit Local
- Banque Internationale a Luxembourg
- Belfius Bank SA/NV

Note: Product cover images may vary from those shown
3 of 3
Note: Product cover images may vary from those shown

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