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Fortis
Fortis

Energy / Utilities and Energy Services

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Company Overview

General information about the Fortis company
Fortis is a multinational financial services corporation that was founded in 1990 through a merger of Belgian and Dutch banks. The company offers a wide range of financial products and services, including banking, insurance, investments, and asset management.
Fortis has a strong presence in Europe, with operations in Belgium, the Netherlands, Luxembourg, and other countries. It also has a presence in Asia and North America through its subsidiaries. The company has a total of over 86,000 employees worldwide.
In 2008, Fortis faced financial troubles during the global financial crisis and was eventually bailed out by the governments of Belgium, the Netherlands, and Luxembourg. As a result, the company was split up and its banking and insurance operations were sold off to other companies.
Today, Fortis operates as a standalone insurance company under the name Ageas, while the banking operations were taken over by BNP Paribas. The company is headquartered in Brussels, Belgium and is listed on the Euronext Brussels stock exchange.
What is special about the Fortis company?
1. One of the Largest and Oldest Financial Services Companies: Fortis is one of the oldest financial services companies in the world, with a history dating back to 1841. It is also one of the largest insurance providers in Europe and Asia.
2. Global Presence: Fortis has a strong presence in over 30 countries across Europe and Asia, making it a truly global company. This allows them to offer a wide range of products and services to customers worldwide.
3. Diversified Portfolio: Fortis is not just limited to insurance, but also offers products and services in banking, asset management, and private equity. This diversification helps to mitigate risks and maintain a stable financial position.
4. Strong Financial Performance: Fortis has a track record of strong financial performance and has consistently delivered solid results to its stakeholders. This has helped them establish a strong reputation and build trust with their customers.
5. Innovation and Technological Advancement: Fortis is known for its innovative products and services, as well as its use of technology to improve processes and customer experience. This has helped them stay ahead of the curve in the fast-changing financial industry.
6. Focus on Corporate Social Responsibility: Fortis has a strong commitment to corporate social responsibility and has implemented various initiatives to support communities and the environment. This includes supporting education, healthcare, and sustainability projects.
7. Strong Ethical Standards: Fortis is committed to maintaining high ethical standards in all aspects of its business operations. This includes adhering to laws and regulations, protecting customer privacy, and promoting diversity and inclusion within the company.
8. Resilience and Adaptability: Fortis has shown resilience and adaptability during times of crisis, such as the 2008 financial crisis and the current COVID-19 pandemic. This demonstrates their ability to navigate challenges and maintain stability.
9. Award-Winning Company: Over the years, Fortis has received numerous awards and recognition for its financial performance, innovation, and corporate social responsibility. This further reinforces their reputation as a reputable and trustworthy company.
10. Strong Leadership: Fortis has a strong leadership team with extensive experience and expertise in the financial sector. This has helped the company make strategic decisions and maintain its position as a leading financial services provider.

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