Axa off-loads Belgium banking operation; enters distribution partnership with Crelan Bank

French insurance giant Axa is to sell its Belgian banking operations, Axa Bank Belgium, to Crelan Bank (Crelan) for Eur620mn ($688mn) in a deal that will result in an insurance distribution partnership between the two firms.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@thomsonreuters.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com

      Axa
      M&A
      Europe