With its complete focus on its 2 core activities, AXA Bank Europe 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.
AXA Bank Europe is finalizing the sale of its Hungarian activities.
This transaction is the last step of the repositioning of AXA Bank Europe towards a retail bank with focus on the Belgian market. On top of this intrinsically prudent business model, ABE implements conservative 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 mortgages, 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 2015 Disclosure Report, which is prepared in accordance with Basel II Pillar III requirements.
General Risk Profile
- 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