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Overview
Fortis is a multinational financial services corporation that was founded in 1990 through a merger of Belgian and Dutch banks. The company offers a wide range of financial products and services, including banking, insurance, investments, and asset management. Fortis has a strong presence in Europe, with operations in Belgium, the Netherlands, Luxembourg, and other countries. It also has a presence in Asia and North America through its subsidiaries. The company has a total of over 86,000 employees worldwide. In 2008, Fortis faced financial troubles during the global financial crisis and was eventually bailed out by the governments of Belgium, the Netherlands, and Luxembourg. As a result, the company was split up and its banking and insurance operations were sold off to other companies. Today, Fortis operates as a standalone insurance company under the name Ageas, while the banking operations were taken over by BNP Paribas. The company is headquartered in Brussels, Belgium and is listed on the Euronext Brussels stock exchange.
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