With a clear focus on 2 core activities, AXA Bank Belgium (ABB) takes a very conservative stance on risk matters:
(a) Retail banking in Belgium, transforming deposits into loans to retail customers and SME’s;
(b) Low-risk financial services to AXA Group, consisting mainly of repo and derivative intermediation on a back-to-back basis.
In 2016, AXA Bank Belgium has successfully finalized the sale transaction of its Hungarian business. This transaction is the final step to reposition AXA Bank as a retail bank exclusively present on the Belgian market and operating jointly with AXA insurance in Belgium.
On top of this conservative business model by design, ABB further safeguards the interests of its clients, shareholders and markets through prudent risk management policies:
- Its wholesale credit exposures are restricted to first class issuers and counterparties within a tight limit framework;
- Its retail credit portfolio, which mainly consists of mortgage loans, shows a very low risk profile;
- Its market activities focus on hedging market risks emerging from its core businesses; its liquidity risk is managed within very conservative standards.
More risk-related information can be found in the AXA Bank Europe's 2016 Disclosure Report, which is prepared in accordance with Basel II Pillar III requirements.
General Risk Profile
- 2016 AXA Bank Europe’s 2016 Disclosure ReportPDF
- 2015 AXA Bank Europe’s 2015 Disclosure ReportPDF
- 2015 AXA Bank Europe’s 2015 Additional Pillar 3 DisclosuresXLSX
- 2015 AXA Bank Europe’s 2015 Disclosures Asset EncumbranceXLSX
- 2014 AXA Bank Europe’s 2014 Disclosure ReportPDF
- 2013 AXA Bank Europe’s 2013 Disclosure ReportPDF
- 2012 AXA Bank Europe’s 2012 Disclosure ReportPDF
- 2011 AXA Bank Europe’s 2011 Disclosure ReportPDF
- 2010 AXA Bank Europe’s 2010 Disclosure ReportPDF
- 2009 AXA Bank Europe’s 2009 Disclosure ReportPDF