Dexia Credit Local, S.E.

Anna MileikoCreated by Anna Mileiko

Dexia Credit Local, S.E. Logo

Address

Cl Mahonia, 2, 28043, Madrid, Spain

BIC

DSBLESMM

Overview

Category

Branches of foreign banks

Business Focus

managing residual assets

Based in France, Dexia Credit Local is the main operating entity of Dexia Group (Belgium). Since 2012, Dexia is managed according to the resolution plan to avoid bankruptcy and liquidation, which would be likely to destabilize the entire European banking sector. Consequently, Dexia Credit Local conducts no new business and is fully dedicated to the management of its residual assets.

Dexia Credit Local, S.E. operated as a branch of Dexia crédit local (France).

Performance

In 2018, Dexia Credit Local, S.E. achieved the position of 125th largest bank in Spain with a market share of 0.00%; its total assets dropped by 100.00%.

Deposit Protection

Deposits up to 100,000 EUR are covered by French deposit guarantee scheme in Dexia Credit Local, S.E.

Financials

Total Assets of Dexia Credit Local, S.E.
Net_income of Dexia Credit Local, S.E.
Market Share of Dexia Credit Local, S.E.
Total Assets (2018)
0.00 EUR
Net Income (2015)
-29,000.00 EUR   (-99.42%)
Number of Employees (2017)
23   (-28.13%)

Dexia Credit Local, S.E. was the 125th largest bank in Spain in terms of total assets. In 2018 its total assets were 0,00 EUR, providing the bank with the market share of 0.00%. In 2015 the bank's net income was -29 000,00 EUR. Dexia Credit Local, S.E. had 23 employees in 2017.

Deposit Guarantee

Guarantee Fund
Fonds de Garantie des Dépôts et de Résolution (FGDR)Fonds de Garantie des Dépôts et de Résolution (FGDR)
Protected Amount
up to 100,000 EUR
Eligible Depositors
natural persons
legal entities
Covered Accounts
all deposit accounts

Dexia Credit Local, S.E. participates in the deposit guarantee scheme of France which applies to all deposit accounts made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. Dexia Credit Local, S.E. is a member of Fonds de Garantie des Dépôts et de Résolution (FGDR) and makes its contributions into it.

See Also

Contacts

addressCl Mahonia, 2, 28043, Madrid, Spain
phone0917213327

Dexia Credit Local, S.E. was located in Madrid.

See Also

Bank Identifiers

BIC (SWIFT)
DSBLESMM
Bank Sort Code
0231
LEI
95980020140005462441
Company Number
W2500594C
MFI ID
ES0231

Bank History

Close Date
April 2019
Previous Name
Dexia Sabadell , S.A.
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