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Dexia Bank Belgium rebrands as Belfius Bank & Insurance as it reveals 2011 losses

Belfius Banque Assurances logo

After reporting a net loss of €1,367m after tax for 2011, Dexia Bank Belgium has rebranded as Belfius Bank & Insurance.

Its result was dominated by the write-down of Greek bonds (-€1,305m after tax), a loss on the sale of Dexia Asset Management (-€147m after tax), losses from the cut-back of the investment portfolio (-

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