Banks in Belgium

The Belgian banking system includes about 90 registered credit institutions. KBC, BNP Paribas Fortis, Belfius and ING are the largest banks in the country. More than 50% of the banking sector is owned by foreign financial institutions. Banking hours are usually 9.00 am - 4.00 pm, Monday through Friday.

Argenta – A banking and insurance group operating in Belgium, Netherlands and Luxembourg. It is the fifth largest banking institution in the country. The company was established in 1956 and is headquartered in Antwerp.

AXA Bank Belgium (formerly AXA Bank Europe) was a retail bank serving individuals and SMEs through a network of independent bank agents, headquartered in Brussels. The AXA group completed the sale of the bank to Crelan Bank NV/SA on 31 December 2021 for a total consideration of EUR 691 million. Its branch network and customers were migrated to Crelan in June 2024, when the AXA Bank brand was withdrawn from the Belgian market.

Banca Monte Paschi Belgio – A Brussels retail bank that was the Belgian subsidiary of the Monte dei Paschi di Siena group, which was established in 1472. It no longer appears in the National Bank of Belgium's register of credit institutions governed by Belgian law, and its website is no longer in service.

Banque CPH – A cooperative bank with head office in Tournai. It was established in 1930 and employs over 130 people.

Bank J. Van Breda & C – A specialized advisory bank focusing on entrepreneurs and liberal professionals. The client's assets under management amount to over EUR 11 billion.

BBVA Bélgica offers a wide range of financial products and services including current accounts, savings and investments, Visa cards, mortgages, home and car loans, insurance products, online banking and other services.

Banque Triodos – One of the leading sustainable banks. It offers current and saving accounts, mortgages, investment products, private banking and other services.

Belfius Bank (formerly Dexia Bank Belgium) – The third largest retail bank in Belgium by assets with over 3.3 million personal customers. It is a wholly owned by the Belgian federal state. As of June 30, 2016, Belfius Bank had total assets of EUR 188.004 billion and customer deposits of EUR 71.6 billion.

Beobank NV/SA – A leading Belgian retail bank. It operates as a subsidiary of Credit Mutuel Nord Europe, a major bank in Northern France with over 1.6 million customers and 4,400 employees.

BPost bank – A Belgian retail bank established in 1995 under the name Bank van De Post / Banque de La Poste and owned jointly by bpost and BNP Paribas Fortis. Its customers and IT systems were transferred to BNP Paribas Fortis with effect from 22 January 2024, when the brand was withdrawn.

BNP Paribas Fortis – One of the largest banks in Belgium. It is number one in deposits and number two in consumer lending in Belgium. As of June 30, 2016, it had total assets of EUR 296.155 billion, customer deposits of EUR 171.6 billion and customer loans of EUR 169 billion.

Crelan (formerly Landbouwkrediet/Credit Agricole) – A Belgian cooperative bank specialised in the financing of the agricultural sector. It also offers deposit products, car loans, home loans, investments and over services. Crelan serves over 1.2 million customers and controls Europabank and Keytrade Bank. Crelan acquired AXA Bank Belgium from the AXA group on 31 December 2021, transferring 100% of Crelan Insurance to AXA Belgium as part of the consideration, and merged the two branch networks in June 2024, taking on some 300 branches and about 850,000 customers.

Delen Private Bank is part of the Ackermans & van Haaren Group, an investment company. Delen manages assets, primarily belonging to private individuals.

Europabank – A Belgian bank founded in 1965 by the American holding company "International Bank of Washington." In 2004, it was acquired by Credit Agricole. Europabank is located in Gent.

Hello Bank! – An online and mobile bank owned by BNP Paribas. It offers traditional savings and current accounts, mortgages, prepaid and credit cards, insurance and more.

ING Belgium (formerly Banque Bruxelles Lambert) – One of the largest commercial banks in the country and part of the ING Group. It offers banking, insurance, and asset management services. The company previously operated a second retail network, Record Bank, which ING announced in October 2016 that it would absorb into ING Belgium; the Record Bank brand has since been withdrawn.

Keytrade Bank – The leader in online trading in Belgium. It offers all banking and trading services online. Keytrade Bank operates as a subsidiary of the Crelan Group.

KBC Bank – A Belgian universal bank focusing on private clients and small and medium-sized enterprises. It concentrates on its home markets of Belgium and certain countries in Central and Eastern Europe: Czech Republic, Slovakia, Hungary, Poland and Bulgaria. As of September 30, 2017, KBC Group had total assets of EUR 296.9 billion and assets under management of EUR 209 billion. KBC's market capitalization is EUR 30 billion (May 10, 2018).

National Bank of Belgium (NBB) – The central bank of Belgium established on 5 May 1850. It is a member of the European System of Central Banks. 50% of the NBB stock is freely traded on Euronext Brussels, the other 50% of the shares are owned by the Belgian government.

Rabobank Belgium (Antwerp Branch) provides corporate banking and leasing services. It offers leverage finance, debt structuring, derivatives, syndication, securitization, structured trade & commodity finance and structured finance. Its Belgian retail internet bank has been discontinued; rabobank.be now redirects to the group's wholesale banking pages.

Record Bank – A Belgian retail bank owned by ING. In October 2016 ING announced that Record Bank would be absorbed into ING Belgium and that the combined branch network would be reduced from 1,250 to 650 offices. The Record Bank brand has since been withdrawn, and Record Bank no longer appears in the National Bank of Belgium's register of credit institutions governed by Belgian law.

Santander Consumer Finance provides lending products and card services in Belgium.

Unico Banking Group – A partnership of 8 banks, which have a cooperative background. The Group includes Banco Cooperativo Español, Crédit Agricole S.A., DZ Bank, ICCREA Holding, OP Financial Group, Rabobank, Raiffeisen Bank International and Raiffeisen Schweiz. Unico is headquartered in Brussels.

Van Lanschot Bankiers België provides private banking, asset management and merchant banking. It operates as a subsidiary of F. Van Lanschot Bankiers N.V.

VDK Spaarbank N.V. was established in 1926 and is headquartered in Gent. The company provides commercial banking services.

Top 5 Banks in Belgium

Following table shows the largest banks in Belgium by total assets, as reported on the balance sheet dates shown. The figures are those published for 2017 and 2018 and do not reflect later changes in the Belgian market.