Argenta (bank)
Encyclopedia
Argenta is a bank based in Belgium
Belgium
Belgium , officially the Kingdom of Belgium, is a federal state in Western Europe. It is a founding member of the European Union and hosts the EU's headquarters, and those of several other major international organisations such as NATO.Belgium is also a member of, or affiliated to, many...

 that also operates in the Netherlands
Netherlands
The Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...

 and Luxembourg
Luxembourg
Luxembourg , officially the Grand Duchy of Luxembourg , is a landlocked country in western Europe, bordered by Belgium, France, and Germany. It has two principal regions: the Oesling in the North as part of the Ardennes massif, and the Gutland in the south...

. The Argenta headquarters are in Antwerp.

History

Argenta was established in 1956 by Frans Kuypers, Karel and Cyriel Schryvers and Karel Van Rompuy as a financing company specialising in personal loans. Since 1964 Argenta is authorised to act as a deposit office. In 1966 Argenta Spaarbank was set up, to offer ordinary savings account services.

In 1974 Argenta Assuranties were established to provide life and fire insurance. Later, hospitalisation and car insurances were added to the range. Argenta Nederland was founded 1989 and in 1990 Argentabank Luxembourg followed.

The Argenta Bank- en Verzekeringsgroep was set up in 2001. This is a holding company, incorporating Argenta Spaarbank, Argenta Assuranties and a number of sub-branches.

In 2009 Jan Cerfontaine was appointed Chairman to the Board of Directors of Argenta Bank- en Verzekeringsgroep, Argenta Spaarbank and Argenta Assuranties. In 2010 Argenta launched a public issue of shares for which only Argenta customers and branch managers could subscribe to, with the newly established cooperative company Argenta Coöperatieve. In addition to the family shareholders, Argen-Co also invested in Argenta Bank- en Verzekeringsgroep. The family shareholders (Van Rompuy family) remained Argenta’s majority shareholders.

Structure

The Argenta Group consists of the following units:
  • Argenta Bank- en Verzekeringsgroep (procedures holding)
  • Argenta Spaarbank (credit institution and savings bank). This unit has a branch in the Netherlands.
  • Argenta Assuranties (insurance company)
  • Argenta-Life Nederland (life insurance company)
  • Argenta Nederland (management company)
  • Argenta-Life Luxembourg (life insurance company)
  • Argentabank Luxemburg (bank)
  • Argenta-Fund (collective investment institution)
  • Argenta Fund of Funds (collective investment institution)
  • Investar (limited company)
  • Argenta Coöperatieve (cooperative company)

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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