AXA Bank Europe
 | |
| Type | Bank |
|---|---|
| Legal status | N.V. / S.A. |
| Headquarters | AXA Bank Europe |
| Location |
|
Key people | Jacques de Vaucleroy (President of the Board of Directors), Jef Van In (Chief Executive Officer and Executive member of the Board of Directors) |
| Website | www.axabankeurope.com |
AXA Bank Europe, located in Brussels, is AXA Group’s banking arm that provides retail banking solutions to individuals and small companies in Europe. It works in close cooperation with AXA’s local insurance companies to complement their financial product offering with a range of retail banking products and services.
History [1]
In June 2007, AXA Group’s Management Board decided to adopt a common European banking strategy. The deployment of this strategy led to the creation in Brussels of a European Banking Head-office: AXA Bank Europe, using the former AXA Bank Belgium’s legal structure. In 2008, AXA Life Europe Hedging Services joined AXA Bank Europe to provide financial engineering competencies to insurance companies of the Group and AXA Bank Europe. In 2009, the Hungarian Ella Bank becomes a branch of AXA Bank Europe. The same year, a branch is launched in Switzerland and one year later, in Czech Republic. In 2011, a branch is launched in Slovakia. As of January 1, 2012, activities in Switzerland have been transferred to ZweiPlus Bank.
Governance
AXA Bank Europe’s strategic decisions are taken by its Board of Directors, headed by Jacques de Vaucleroy and managed through its Management Board, headed by Jef Van In.
AXA Bank Europe’s presence across Europe [2]
Belgium
AXA Bank in Belgium offers a full range of banking products and services to retail and small business customers, serviced through 920 tied but independent bank agents.
Hungary
AXA Bank in Hungary focuses on mortgage lending and since July 2009, also offers a high yield savings account. Products are marketed through nationwide mortgage centers, 300 tied insurance agents and over the internet. Headquarters of AXA Bank Hungary lies at Váci Avenue, Budapest, Hungary.
France and Germany
Beside those entities making part of AXA Bank Europe’s legal structure, AXA Group also owns banking activities in France (AXA Banque France) and in Germany (AXA Bank AG). With those entities, AXA Bank Europe has developed operational links and synergies, notably in sharing banking know-how.
See also on Wikipedia
- Page of AXA Group
- Page of AXA Banque France