About

The mission of the Dexia Group

A mission of general interest in the service of the Belgian and French States

Managing in resolution and ensuring the funding of an extremely complex balance sheet

Dexia is the only bank in resolution to have retained its banking status. It is managed in accordance with the orderly resolution plan validated by the European Commission in December 2012.

As such, the Group no longer has any commercial activity and manages a considerable and highly complex balance sheet. Management in resolution aims to avoid any systemic risk and any further recourse to French and Belgian taxpayers.

Due to its size and the very significant amount of local authority debt recorded in its balance sheet, the Group has the special status of a systemic bank. As a result, Dexia is placed under the supervision of the European Central Bank and is subject to the same requirements as all banks of comparable size.

The Belgian and French States hold most of Dexia's capital, following a EUR 5.5 billion capital increase in December 2012.

The shareholder states (and Luxembourg) also guarantee Dexia Crédit Local's debt issues up to a maximum of EUR 85 billion, a mechanism which enables Dexia to obtain funding on the markets.

The establishments
An essentially European establishment  
The challenges
To maintain the Dexia Group's funding capacity while preserving its capital base and ensuring its operational continuity  
About Dexia

Dexia is the Group's parent company, based in Brussels

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About Dexia Crédit Local

Dexia Crédit Local in the Group's main operating entity, based in Paris

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