Banks in Belgium

AXA Bank Dexia Fortis bank ING Belgium KBC Bank
AXA Bank Dexia Fortis ING Belgium KBC Bank

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 Europe (formerly AXA Bank Belgium) provides retail banking services to individuals and SMEs in Europe. It operates through a network of 950 independent bank agents in Belgium, Germany, France the Czech Republic, Hungary, and Switzerland. AXA Bank Europe is located in Brussels.

Banca Monte Paschi Belgio – The only Italian bank operating under Belgian law. It is part of the Monte dei Paschi di Siena group which was established in 1472.

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 – An independent Belgian bank established in 1995 under the name Bank van De Post / Banque de La Poste. Currently, it has over EUR 10 billion in assets under management and serves more than 1.1 million customers. The Bank is owned on a 50-50 basis by BNP Paribas Fortis and bpost.

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, Crelan Insurance and Keytrade Bank.

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) – The fourth-largest commercial bank in the country. It offers banking, insurance, and asset management services. The company operates through two banking networks: ING Belgium, a universal bank, and Record Bank, a retail bank.

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. Through the internet bank, it also offers financial services to the Belgian retail market including saving accounts, term deposits and investment fund.

Record Bank – A retail bank owned by ING Belgium. It operates more than 700 branches across the country.

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 based total assets.

Rank Bank Total assets, EUR b Balance sheet
1 KBC Group 304.022 31/03/2018
2 BNP Paribas Fortis 277.646 31/12/2017
3 Dexia SA 180.938 31/12/2017
4 Belfius 167.959 31/12/2017
5 ING Belgium 151.818 31/12/2017