Fortis is a banking, insurance, and investment management company, and is the 20th largest business in the world by revenue. The Benelux are Fortis' home base and its strength. Fortis' banking operations include network , commercial, and merchant banking; its insurance products include life, health, and property/casualty lines. Products are sold through independent agents and brokers, financial planners, and through Fortis Bankbranches. It is listed both on Euronext Brussels and Euronext Amsterdamstock exchanges.
In addition to acquiring a retailBank in Poland, Fortis acquired 89.3% of the shares of Turkey's seventh largest privately owned bank Dışbank from Doğan Group. Considering the outstanding public shares, the totalbid is approximately €985 million. From 2005 on, the network of 173 branches of Dışbank was rebranded Fortis.
As of 2006 its profits were 4.56 billion according to Forbes magazine with a market value of 45.74 billion.
"Fortis is an international provider of banking and insurance services to personal, business and institutional customers. We deliver a total package of financial products and services through ...
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