Belgium

Belgium

Belgium transfers part of its shares of BNP Paribas

03 May 2017

On 3 May 2017, the Belgian Ministry of Finance announced that the Belgian state will transfer part of its participation in the capital of the French Group BNP Paribas. The country will keep a strategic participation by reducing its stake from 10.3 per cent to 7.8 per cent. The shares are worth about EUR 2.06 billion.

Nature of measure:
  • Liberalization
Type:
  • Entry and establishment (Ownership and control)
Industry:
  • Services (Financial and insurance activities)
Inward FDI:
No
Outward FDI:
No
Sources: