Dexia Credit Local

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Dexia SA, through its subsidiaries, provides a range of financial products and services primarily in Europe, the United States, and Canada. It operates in four segments: Public/Project Finance and Credit Enhancement; Personal Financial Services; Treasury and Financial Markets; and Asset Management, Insurance, and Investor Services. The Public/Project Finance and Credit Enhancement segment comprises financing the needs of local public authorities or other public service organizations, in the form of direct loans, signed commitments, cash guarantees, or participation in bond issues; project financing to infrastructures and renewable energy sectors; credit enhancement of municipal bonds and asset backed securities; financial services and products, such as capital market solutions, insurance services, asset management, and payment services; and financing corporate clients. The Personal Financial Services segment provides retail and private banking products and services. The Treasury and Financial Markets segment offers capital market products to local authorities, corporate customers, retail and private clients, institutional investors, central banks, and fund managers; runs a securitization business; and manages a bond portfolio. The Asset Management, Insurance, and Investor Services segment offers mutual funds to public sector institutions, pension funds, endowments, and foundations; manages equity, fixed income, money market, and diversified funds; alternative investment management and socially responsible investment funds; insurance products and services; custody and related services; central administration services comprising fund bookkeeping, legal work, and providing periodic valuations; and transfer agent services, such as keeping registers and managing subscriptions and redemptions of fund shares. The company is headquartered in Brussels, Belgium.

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