Awards for excellence – Belgium

Best bank

Fortis

Best debt house

KBC

Best equity house

Petercam

Best M&A house

Banque Degroof

The leading banks in Belgium have long since fallen prey to acquisitive Dutch-based financial groups. ING acquired Banque Bruxelles Lambert and Fortis acquired Generale Bank in 1998. At the time of these deals Generale was Belgium’s largest bank and Fortis later added the country’s fifth largest when it bought ASLK-CGER Bank. It has integrated these operations around Fortis Bank, providing retail banking, corporate banking, private banking and investment banking in Belgium.