This is FortisRead the content of the page or any selected text


ProfileRead the content of this paragraph or any selected text

Fortis is an international provider of banking and insurance services to personal, business and institutional customers. We deliver a total package of financial products and services through our own high-performance channels and via intermediaries and other partners.

Fortis is a leader in financial services in the Benelux region – one of Europe’s wealthiest. Building on that leadership, we have developed an extensive European footprint in the retail banking market, operating through a variety of distribution channels. We offer financial services to companies, institutional clients and high net worth individuals and provide integrated solutions to the enterprise and the entrepreneur. Our unique expertise has made us a regional and in some cases global leader in niche markets, such as energy, commodities and transportation, and fund administration. We successfully combine our banking and insurance skills in growth markets in Europe and Asia, and we excel in bancassurance in several countries, like Belgium, Portugal and Malaysia.

Fortis ranks among Europe’s top 20 financial institutions, with a market capitalisation of EUR 40 billion at year-end 2007. Together with ABN AMRO, we have a presence in over 50 countries and a dedicated, professional workforce of more than 85,000. All this makes us a leader in financial services in Europe, a top 3 private banker and a top tier asset manager.

Our visionRead the content of this paragraph or any selected text

In a more complex yet more convergent world, innovation, speed and agility will be as crucial as scale, track record and reach. Fortis will stand out as a professional international financial services brand, recognised for its ability to deliver superior and sustainable stakeholder value by constantly anticipating and surpassing the needs of customers, investors, employees, partners and communities wherever we do business.

Our missionRead the content of this paragraph or any selected text

Fortis provides compelling customer solutions creatively.

One of Europe’s most dynamic and sustainable financial services brands, we deliver specialised, innovative and pragmatic customer solutions, across a network of channels and by leveraging our operational and entrepreneurial expertise.

Our growth strategy

  • Strengthen our competitive position by focusing on the customer and optimising cross-selling
  • Roll out our core competences built in Benelux to new markets
  • Enhance our support functions to increase efficiency and facilitate controlled growth
  • Accelerate growth through smart add-on acquisitions
  • Concentrate on Europe while pursuing selective growth in Asia and North America

Our financial targets 2004–11

  • Compound annual growth rate (CAGR) of net profit per share of at least 15%; this translates into 12% CAGR (2006–11) based on a 2006 cycle-neutral profit base
  • RARORAC and return on equity of 18.5%
  • Operating leverage of at least 250 basis points
  • 30% of net profit generated outside Benelux by 2009
  • Cash dividend at least stable or growing in line with long-term EPS growth

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