Belfius Bank (formerly Dexia Bank) is a Belgian banking and insurance company, fully owned by the Belgian Federal State. Belfius Bank is focused on providing retail banking products and services to private individuals, self-employed, professionals and SMEs in Belgium. Belfius Bank also offers corporate banking, public and social banking solutions.
In 2023, BELFIUS BANK achieved the position of 3rd largest bank in Belgium with a market share of 12.46%; its total assets dropped by 0.53%.
Additionally, the bank became the 14th bank in relation to its loans-to-deposits (L/D) showcasing 109.01% L/D ratio in 2023.
Deposits up to 100,000 EUR are covered by Belgian deposit guarantee scheme in BELFIUS BANK.
BELFIUS BANK ranks as the 3rd largest bank in Belgium by total assets. In 2023 its total assets were 161.65 bln EUR, representing a 12.46% market share.
BELFIUS BANK is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is A- (high credit quality). Long-term credit rating assigned to the bank by Moody's is Aa3 (high grade).
BELFIUS BANK protects deposits up to up to 100,000 EUR per depositor through Belgium's deposit guarantee scheme. The scheme applies to current accounts, deposit accounts made by natural persons (Belgian and foreign), legal entities (Belgian and foreign). The bank participates in the Guarantee Fund for Financial Services (GFFS), making regular contributions into it.
BELFIUS BANK is headquartered in Sint-Joost-ten-Node.
BELFIUS BANK provides products and services in the areas of retail banking, business banking, corporate banking, securities services. BELFIUS BANK offers a range of products including current accounts, savings accounts, time deposit accounts, credit cards, consumer loans (6.50 - 6.50 %), car loans (0.80 - 1.15 %), mortgage loans, trading accounts.
Products and services offered by BELFIUS BANK are available at its branches and via its online banking system, mobile application.
Consumer loans are secured or unsecured (i.e., backed or non-backed by a collateral) loans provided to retail customers for personal, family, or household purposes or for purchase of goods and services. In terms of repayment, consumer loans can be revolving (when a credit limit can be spent, repaid and spent again) or installment (such a loan is repaid in equal installments until the loan is paid off at the end of its term).Consumer loans offered by BELFIUS BANK are shown in the table below.
Updated on 5 February 2025
Finance all types of expenses
Loan purposes: personal needs, wedding, education, furniture, electronics
Belgium: This product is offered to Belgian residents only. When clicking on the product link you will be redirected to the product page in Dutch, French or German.
Car loans are secured or unsecured (i.e., backed or non-backed by a collateral) installment loans provided to retail customers for the purpose of buying a new or used car. Used cars purchased privately are often financed through unsecured loans, while new cars are financed via secured loans with the car used as the loan collateral. Car loans offered by BELFIUS BANK are shown in the table below.
Updated on 5 February 2025
Loan purposes: car purchase
Finance purchase of new vehicles
Suitable for purchase of eco-friendly vehicles
Loan purposes: car purchase
Finance purchase of new vehicles
Suitable for purchase of eco-friendly vehicles
Belgium: This product is offered to Belgian residents only. When clicking on the product link you will be redirected to the product page in Dutch, French or German.
Trading accounts are used to execute trade transactions involving buying and selling various financial instruments, for example, stocks, bonds, futures and options. Trading accounts can hold both cash and securities.
Trading accounts offered by BELFIUS BANK are shown in the table below.
Updated on 5 February 2025
Major world stock exchanges
Most popular trade instruments
Available to Belgian residents
Belgium: This product is offered to Belgian residents only. When clicking on the product link you will be redirected to the product page in Dutch, French or German.
Investor Compensation. Trading accounts made with BELFIUS BANK are covered by investor compensation scheme of Belgium up to 20,000 EUR per investor.
In 2023 total assets of BELFIUS BANK were 161.65 bln EUR. Decline compared to the previous period (2022) was -0.53%. The evolution of the total assets of BELFIUS BANK is shown at Chart 1 below.
Chart 1. Total Assets of BELFIUS BANK.
Recent changes in total assets of BELFIUS BANK and its main components are shown in Table 1.
2022 | 2023 | change (%) | |
---|---|---|---|
Cash and deposits with Central Banks | 26.2 | 19.4 | -25.87% |
Loans to banks | 5.2 | 6.3 | +21.47% |
Loans to customers | 109.5 | 113.7 | +3.84% |
Total Assets | 162.5 | 161.7 | -0.53% |
Table 1. Recent changes in total assets of BELFIUS BANK (bln EUR).
Recent changes in total liabilities of BELFIUS BANK and its main components are shown in Table 2.
2022 | 2023 | change (%) | |
---|---|---|---|
Bank deposits | 7.8 | 5.2 | -32.87% |
Customer deposits | 109.6 | 104.9 | -4.34% |
Total Liabilities | 162.5 | 161.7 | -0.53% |
Table 2. Recent changes in total liabilities of BELFIUS BANK (bln EUR).
BELFIUS BANK has received ratings from two major credit rating agencies: Fitch and Moody's. These ratings assess the institution's financial stability and creditworthiness.
Rating Category / Outlook | Value |
---|---|
Long-Term Issuer Default Rating | A- (high credit quality) |
Outlook | stable |
On Watch | No |
Short-Term Issuer Default Rating | F1 (highest short-term credit quality) |
Viability Rating | a- |
Support Rating | WD |
Support Rating Floor | WD |
The long-term issuer rating measures the bank’s ability tomeet its financial obligations, while the short-term rating reflects itsshort-term creditworthiness. The stable outlook means Fitch does not expect this rating to change in the near future.
Rating Category / Outlook | Value |
---|---|
Long-Term Rating | Aa3 (high grade) |
Long-Term Bank Deposit Rating | A1 (upper medium grade) |
Baseline Credit Assessment | baa1 |
Outlook | positive |
Moody’s rating system highlights the bank's long-term high strength, with the Aa3 rating showing high credit quality. The ratings are assigned a positive outlook, indicating potential upgrade.
Discover key identifiers of BELFIUS BANK including its BIC, LEI, company number, MFI ID.
BIC: GKCCBEBB
The BIC (also known as SWIFT code) for BELFIUS BANK is GKCCBEBB. It is used in financial transactions like cross-border and SEPA payments, and helps identify the bank in global banking systems.
Key | Value |
---|---|
BIC | GKCCBEBB |
Bank BIC Code | GKCC |
Country Code | BE (Belgium) |
Location Code | BB |
Branch Code | - |
LEI: A5GWLFH3KM7YV2SFQL84
BELFIUS BANK’s LEI is A5GWLFH3KM7YV2SFQL84. This code is critical for verifying the institutions’s legal identity in financial markets and is used for regulatory reporting and risk management.
Key | Value |
---|---|
LEI | A5GWLFH3KM7YV2SFQL84 |
LOU Identifier | A5GW |
Reserved | LF |
Entity Identifier | H3KM7YV2SFQL |
Verification ID | 84 |
Company Registration Number: 0403201185
BELFIUS BANK is registered in Belgium under company number 0403201185. In Belgium, Company Registration Number is assigned automatically when registering a company in the Crossroads Bank for Enterprises (CBE). The company registration number is a unique identification number consisting of 10 digits, starting with 0 or 1.
Key | Value |
---|---|
Company Number | 0403201185 |
MFI ID: BE0403201185
BELFIUS BANK’s MFI ID, BE0403201185, is assigned by the European Central Bank to identify the institution within the EU's financial system. The first two digits represent Belgium (BE), followed by the institutions's internal ID.
Key | Value |
---|---|
MFI ID | BE0403201185 |
Country Code | BE |
MFI Code | 0403201185 |
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