Fortis is a large banking, insurance, and investment management company. The Benelux countries are Fortis' home base and its strength. Fortis' banking operations include network (retail), commercial, and merchant banking; its insurance products include life, health, and property/casualty lines. Products are sold through independent agents and brokers, financial planners, and through Fortis Bank branches. Fortis is the shirt sponsor of R.S.C. Anderlecht and Feyenoord Rotterdam. Benelux is the region of Europe comprising Netherlands, and Luxembourg. ... Royal Sporting Club Anderlecht, usually known as Anderlecht, is a Belgian football club from the Brussels Capital Region. ... Feyenoord Rotterdam are a Dutch football club from the city of Rotterdam. ...
On July 5, 2005, it was reported that Fortis acquired Dryden Wealth Management from Prudential Financial. July 5 is the 186th day of the year (187th in leap years) in the Gregorian Calendar, with 179 days remaining. ... 2005 is a common year starting on Saturday of the Gregorian calendar and is the current year. ... Prudential Financial, Inc. ...
Fortis, one of the top 10 insurers in Europe, said in a statement that net operating profit, or earnings before exceptional items and capital gains or losses, improved 16 percent on the year to 539 million euros ($639.4 million).
Fortis, like its banking and insurance peers, has been suffering from one of the worst market downturns in generations, which slashed the value of investments and spawned bad debts.
Fortis said net operating profit at its banking division fell 14 percent to 244 million euros partly on a drop in trading transactions.
Feeds |
Contact