Dismantling of Dexia bank

Dismantling of Dexia bank

Report on the dismantling of the Franco-Belgian bank DEXIA. Explanation of the future of the bank and its employees. Commentary on illustration and infographic images. [Source: Documentation France 3] The French and Belgian states stole to the aid of Dexia bank, on the verge of bankruptcy. It will be dismantled. The Belgian State will nationalize Dexia Belgium which buys 4 billion euros (pallet). In order to reassure customers: in Belgium Dexia is a deposit bank. In France, Dexia’s main role is to finance local authorities. It will give birth to a new bank, owned by both the caisse des dépôts and the postal bank (palette), 2 companies with public capital and solid resources. The employees of the French headquarters are reassured. But Dexia is burdened by risky financial assets. These assets will be contained in a structure called "bad bank", with financial guarantee from France, Belgium, and Luxembourg (palette). According to the rating agency Moody’s, this guarantee of the French State should not have any influence on the rating of France

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File : Banking crises

Publication date : 10 October 2011