Hoover's Profile:

Fortis SA/NV

(Euronext Brussels:FOR)
Contact Information
Fortis SA/NV
Rue Royale 20
1000 Brussels, Belgium
Tel. +32-2-510-52-11
Fax +32-2-510-56-30

Type: Public
On the web: http://www.fortis.com
Employees: 62,009
Employee growth: 3.8%

Fortis earns the "Muscles from Brussels" moniker for its insurance and banking machismo, not for any bad action flicks. The company's operations are focused in banking, insurance, and investment management. The Benelux countries are Fortis' home base and its strength, but the company has operations in other areas, and has aspirations to broaden its brawn further in Europe. Fortis' banking operations include network (retail), commercial, and merchant banking; its insurance products include life, health, and property/casualty lines. The company's stock trades through a "twinned share" system -- Fortis SA/NV on the Brussels exchange and Fortis N.V. on the Amsterdam exchange.

Key numbers for fiscal year ending December, 2007:
Sales: $139,637.7M
One year growth: 925.2%
Net income: $5,878.8M
Income growth: 2.4%

Officers:
Chairman: Comte Maurice Lippens
CEO and Executive Director: Herman Verwilst
CIO: Liability Insurance

Competitors:
Allianz
ING
KBC

 
 
 

Join the WikiAnswers Q&A community. Post a question or answer questions about "Fortis SA/NV" at WikiAnswers.

 

Copyrights:

Hoover's Profile. ©2008 Hoover's, Inc. All rights reserved.  Read more

Search for answers directly from your browser with the FREE Answers.com Toolbar!  
Click here to download now. 

Get Answers your way! Check out all our free tools and products.

On this page:   E-mail   print Print  Link  

 

Keep Reading

Mentioned In: