AXA - Redefining Standards  
Welcome to AXA Bank Europe
 
 
 
 
Key financial information
AXA Bank Europe is an integral part of the AXA Group as it supports its Life & Savings activities in order to fulfill our customers’ needs.
Moreover, AXA Bank Europe constitutes a strategic priority for the Group and can rely on its financial strength.

AXA Bank Europe’s activity indicators (FY 2009) are good in the current financial environment:
- Solvency position : Core tier 1 ratio of 20,13 % (31/12/2009)
- S&P rating : 'A+/A-1' with 'Stable' outlook (30/03/2010)

 
     
 

General Risk Profile
AXA Bank Europe’s core business is retail banking based on simple product offers. It is not involved in Investment banking, corporate banking, structured finance or trade finance.
 
Its treasury and financial market activities are limited as AXA Bank Europe maintains a very conservative approach to market risks, Asset & liability management and interest rate risk management.
 
As such, being a retail bank, AXA Bank Europe’s risk management policy is based on following key principles:

  • A qualitative retail credit risk portfolio
  • A high quality sovereign, local authorities, international institutions and bank counterparties portfolio
  • Standard operational risks
  • Prudent market, asset & liability and interest rate risk

Please find herewith ABE's 2008 Disclosure Report (pdf) prepared in accordance with Basel II Pillar III requirements.

 
 
   
    Belgium France Germany Hungary Switzerland Czech Republic
 
- Home
- About us
- Financial information
- AXA Banks
 
     
Belgium France Germany Hungary