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  • Dexia announces intention to acquire, through its subsidiary Dexia Banque Internationale à Luxembourg, 100% of the capital of the Financière Opale group in France - Information center
    Opale group in France PRESS RELEASE Email Print Rollup Image 05 03 2001 Dexia announces intention to acquire through its subsidiary Dexia Banque Internationale à Luxembourg 100 of the capital of the Financière Opale group in France Page Content As part of its drive to expand its investment management activities one of its three core businesses the Dexia group through its subsidiary Dexia Banque Internationale à Luxembourg Dexia BIL announces its intention to acquire after carrying out due diligence in February 2001 full ownership of the Paris based group Financière Opale The Financière Opale group is made up of several companies led by ODB Equities ODB Equities acts as an intermediary for equities and derivatives products on behalf of institutional investors and also provides investment research and analysis services With a 20 market share in equity option transactions and 15 market share in index options ODB Equities is currently one of the leading players in the derivatives market in France In Europe the company is the leading market maker in Eurostoxx options with a 25 market share last year The group s COB certified fund management company Yves Mahé Associés is specialised in asset management for high end private customers ODB Invest Conseil acts as an intermediary on behalf of private customers It provides a new kind of online advisory service to a clientele that requires high quality advice and professional execution Fundamentally different from an online discount broker it sells added value services based on repackaged ODB Equities research The Financière Opale group has about 120 employees with expertise in each of the group s areas of business Through this acquisition it will gain additional skills in derivatives and stockmarket trading In turn Dexia s drive to develop online investment advisory services will be strengthened by the Financière Opale

    Original URL path: http://www.dexia.com/EN/journalist/press_releases/Pages/Dexia-annonce-son-intention-d%27acquerir-100-pourcents-du-groupe-Financiere-Opale-en-France-.aspx (2016-01-08)
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  • Crediop, the Dexia Group - Information center
    the Dexia Group PRESS RELEASE Email Print Rollup Image 08 02 2001 Crediop the Dexia Group Page Content Today the Board of Directors of Crediop has decided with the backing of its shareholders to reinforce the bank s traditional businesses i e public finance and services to local governments in Italy and to expand its activities to include financial and asset management As the leader for more than 80 years in the public finance sector with a banking market share of 23 in 2000 Crediop will expand the range of specialized products and services it offers This development will be supported by the creation of a structure dedicated to Major Accounts and by increased contact with clients in partnership with the Italian Popular Banks which are shareholders of Crediop Banca Populare di Bergamo Banca Populare dell Emilia Romagna Banca Populare de Milano and Banca Populare di Verona that together operate networks with a total of 2 000 branches throughout Italy In addition to the development of Crediop s traditional businesses the Board of Directors has also chosen to expand the scope of the bank s activities to include asset management and investment fund administration in cooperation with its shareholders subject to the approval of regulatory authorities This diversification which will benefit from the expertise of Dexia BIL will principally target the sale of financial management products and the administration of investment funds for Italian collective financial management companies This development will be accompanied by a reorganization of existing structures in Italy Dexia Asset Management Italy Dexia SIM Italy and the Milan branch of Dexia BIL within Crediop which becomes Dexia Crediop Dexia Crediop a bank specialized since its creation in financial services to local governments and to the public sector thus expands its scope of activities by becoming the Dexia

    Original URL path: http://www.dexia.com/EN/journalist/press_releases/Pages/Crediop,-filiale-italienne-du-groupe-Dexia,-renforce-son-activit%C3%A9-traditionnelle.aspx (2016-01-08)
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  • Growth in business in 2000 in each of the Dexia group - Information center
    bond issues excluding securities accounts totaled EUR 59 0 billion up 3 2 from December 31 1999 The breakdown of these investments confirms the trend towards disintermediation encouraged by the group Deposits and savings bonds were down 3 1 from the end of 1999 to EUR 38 0 billion as of December 31 2000 During the same period investment in mutual funds rose 11 4 to EUR 13 0 billion as of December 31 2000 In addition Dexia bond issues subscribed by retail banking customers totaled EUR 5 6 billion up 22 5 Finally life insurance policies increased by 37 1 to EUR 2 4 billion Therefore as of December 31 2000 customer savings other than deposits and savings bonds represented 35 6 of total retail customer investments in the group as compared with 24 9 at the end of 1998 and 31 5 at the end of 1999 Lending activities As of December 31 2000 outstanding retail loans in the group totaled EUR 14 2 billion up 10 9 from the end of 1999 Of this total mortgage loans rose dynamically during the year in a lackluster market up 8 7 they stood at EUR 7 6 billion at the end of 2000 Outstanding consumer loans and overdrafts remained stable at EUR 1 9 billion and outstanding loans to small businesses and the self employed grew 20 4 from the end of 1999 to EUR 4 7 billion as of December 31 2000 Bancassurance Taking all types of insurance products into account including the life insurance products mentioned above premium income from the group s retail customers totaled EUR 987 million representing an increase of 21 7 over 1999 This increase was the result of very different trends according to the type of product and particularly reflected the business s new organization now centered around Dexia Insurance In non life insurance premium income rose slightly 2 4 to EUR 104 million versus EUR 101 million a year earlier As Dexia Insurance pursued its efforts to externalize risks the distribution of third party products expanded to the detriment of direct subscriptions As of December 31 2000 premium income corresponding to third party insurance products represented 40 5 of total premium income in the non life sector compared with 36 2 a year earlier In life insurance which represented 89 5 of new bancassurance business premium income totaled EUR 883 million as of December 31 2000 up 24 4 from 1999 Premium income was particularly significant as far as Branch 23 products unit contracts were concerned The new insurance policy Dexia Life Fund was a commercial success and now accounts for almost 50 of the group s total life insurance products 3 Financial management private banking asset management investment fund administration The Dexia group continues to report excellent performances in spite of the volatile stock market and monetary environment and the decrease in the value of financial assets which characterized the period Note should be made of the fact that the

    Original URL path: http://www.dexia.com/EN/journalist/press_releases/Pages/Resultats-commerciaux-et-activite-2000-en-progression-dans-chacun-des-metiers-du-groupe-Dexia.aspx (2016-01-08)
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  • Dexia accroît sa participation dans OSM, banque israélienne spécialisée dans le financement des collectivités locales - Information center
    spécialisée dans le financement des collectivités locales PRESS RELEASE Email Print Rollup Image 25 01 2001 Dexia accroît sa participation dans OSM banque israélienne spécialisée dans le financement des collectivités locales Page Content Dexia qui était déjà actionnaire de la banque israélienne Otzar Hashilton Hamekomi OSM à hauteur de 10 depuis novembre 1999 vient de remporter le processus de privatisation lancé il y a deux ans par le gouvernement israélien Dexia détient désormais 21 du capital de la banque et 66 des droits de vote Dexia contrôle avec son partenaire israélien et les collectivités locales israéliennes la majorité des actions et droits de vote de la banque OSM est une banque spécialisée dans le financement des collectivités locales israéliennes et détient 12 du marché Elle joue également un rôle important en tant qu intermédiaire exclusif des transferts financiers entre l Etat et les collectivités locales tant pour les dotations de fonctionnement que pour certains prêts directs ce qui lui confère un lien privilégié et permanent avec les collectivités locales Ses fonds propres sont de 49 millions USD son total de bilan 408 millions USD et le résultat net 2000 d environ 9 millions USD L arrivée de Dexia leader mondial

    Original URL path: http://www.dexia.com/EN/journalist/press_releases/Pages/Dexia-accro%C3%AEt-sa-participation-dans-OSM,-banque-isra%C3%A9lienne-sp%C3%A9cialis%C3%A9e-dans-le-financement-des-collectivit%C3%A9s-locales.aspx (2016-01-08)
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  • Banco Popular acquires an interest in Iberagentes - Information center
    à Luxembourg Dexia BIL and the founding shareholders Vicente Santana and Emilio Viñas each with an equal interest Under the terms of the agreement Banco Popular may subsequently acquire a majority shareholding Banco Popular and Dexia BIL will contribute to Fortior Holding s development As a result of this transaction the three groups will be able to create synergies in the fields of private banking financial counselling and corporate finance Banco Popular group is pursuing a strategy aimed at growth across all areas of business Through this transaction and the development of a private banking and asset management structure it will be in a position to profit from the strong growth opportunities of the private banking market One of the immediate objectives is to create a private wealth management bank which will start to operate as soon as the requisite authorisation has been granted by the competent authorities and which will integrate the current structure and business of Iberagentes Activos SV SA As a result of this transaction the Banco Popular Group will be able to make a truly global commitment to its customers through a range of exclusive private banking services To do this it will draw on Iberagentes current expertise and the private banking experience of Dexia BIL which currently has total deposits of 31 billion euros Dexia BIL pilots the Dexia group s wealth management and fund administration business which amounts to total assets under management of 55 billion euros at 31 12 2000 Iberagentes was founded in 1983 and its principal business is asset management and product distribution for a well to do clientele The Fortior Holding Group consists of 6 companies The sales force is concentrated within d Iberagentes Activos SV which commercialises the group s products and services via 12 offices in Madrid 2

    Original URL path: http://www.dexia.com/EN/journalist/press_releases/Pages/Banco-Popular-prend-une-participation-dans-Iberagentes.aspx (2016-01-08)
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  • DEXIA INCREASES ITS EQUITY INTEREST IN KOMMUNALKREDIT AUSTRIA AG - Information center
    Dexia increased on January 15th 2001 its shareholding interest in Kommunalkredit Austria AG KKA from 26 7 to 47 6 The expanded equity interest is the result of both a capital increase decided by the Supervisory Board of KKA on December 14th 2000 and the sale of the shares held by mortgage banks which are KKA shareholders Subsequent to this operation the shareholding structure is as follows Investkredit Bank AG 51 Dexia 47 6 mortgage banks 1 4 The shareholders pact stipulates a mutual right of preemption between the Dexia group and Investkredit Bank The Dexia group has been a shareholder of Kommunalkredit Austria AG since1992 The only institution specialized in local government financing in Austria KKA is mainly active in the Austrian and Swiss markets and in cooperation with the Dexia group in central European countries with a good rating The bank also serves Austrian public authorities as the manager of the country s Environment and Water Management Fund This operation allows the Dexia group to strengthen its ties with KKA a key partner for the group in its development in central European countries To this end the two groups signed a cooperation agreement in 1998 stipulating that the

    Original URL path: http://www.dexia.com/EN/journalist/press_releases/Pages/DEXIA-ACCROIT-SA-PARTICIPATION-DANS-LE-CAPITAL-DE-KOMMUNALKREDIT-AUSTRIA-AG.aspx (2016-01-08)
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  • DEXIA INSURANCE & PENSIONS SERVICES - Information center
    Shareholder information Investor information General meeting Regulated information Contact Career HR Welcome Testimonials Home Information center Press releases DEXIA INSURANCE PENSIONS SERVICES PRESS RELEASE Email Print Rollup Image 12 01 2001 DEXIA INSURANCE PENSIONS SERVICES Page Content Dexia Insurance Pensions Services was incorporated on 12 January 2001 as a subsidiary of Dexia Life Pensions itself a fully owned subsidiary of Dexia Insurance which since 1 September 2000 has been responsible for all Dexia s insurance and pensions business Based in Luxembourg Dexia Insurance Pensions Services business is the provision of global solutions to problems related to setting up and funding local and international pension schemes It assists companies in selecting introducing and managing an appropriate staff pension vehicle In this context Dexia Insurance Pensions co ordinates expertise and competence within the Dexia group depending on the needs of its customers asset management Dexia Asset Management custodian bank functions Dexia Banque Internationale à Luxembourg transfer agent services First European Transfer Agent risk management Dexia Life Pensions To ensure that pension plans for the Dexia group s different entities are managed with the maximum coherence Dexia Insurance Pensions Services Executive Board is made up of representatives of these entities Dexia Insurance Pensions

    Original URL path: http://www.dexia.com/EN/journalist/press_releases/Pages/DEXIA-INSURANCE-ET-PENSIONS-SERVICES.aspx (2016-01-08)
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  • Definitive signing of the concession contract for the Interior Norte highway - Information center
    signing of the concession contract for the Interior Norte highway PRESS RELEASE Email Print Rollup Image 03 01 2001 Definitive signing of the concession contract for the Interior Norte highway Page Content Designated last October the consortium led by Eiffage with Contacto Egis CDC Projets and advised by Dexia Public Finance Bank signed a contract with Portuguese authorities for a 30 year concession for the Interior Norte highway section This concession is a part of the initial tender program launched in 1997 by the Portuguese government Interior Norte represents a total investment of 725 million euros for 155 kilometers of highway In this framework Dexia Public Finance Bank a subsidiary of the Dexia group specialized in public finance and financial services for the public sector in France and internationally which benefits from very sophisticated technical expertise in the highway sector was chosen as advisor Its mission has involved helping the consortium draw up its financial proposal and assembling a group of international banks to provide financing Dexia Public Finance Bank is proud to have contributed to the consortium s success in a very competitive environment This operation constitutes a prestigious reference in this sector With this operation the European development

    Original URL path: http://www.dexia.com/EN/journalist/press_releases/Pages/Signature-definitive-du-contrat-de-concession-de-la-section-d-autoroute.aspx (2016-01-08)
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