Nevertheless,
Belfius sanctioned almost 7 million:
The Belgian bank was to set up. In addition, from 2024, new internal models for calculating credit risk parameters, and submit an audit report validating these models. In addition, According to the ECB, Belfius did not comply with this period and was in violation from January 2024 to March 2025.
The organization can still appeal this decision to the Court of Justice of the European Union. Belfius confirms that he was notified of this sanction on June 6.
The bank indicates that the new models have been well operational since March 2025. that “The ratios declared from the first quarter of 2025 are correct“. “As the regulation provides. Belfius had applied during the four quarters of 2024 a correction to calculate the weighted assets by the risk in order to compensate for the difference in relation to the new method of calculating belfius sanctioned almost 7 million equity“, Also defends himself Belfius.
BNP Paribas Fortis had also been sanctioned by the ECB, at the end of 2024. It had received a fine of 10.4 million euros for having deliberately communicated erroneous figures on its risk profile for several years.
belfius sanctioned almost 7 million — Belfius sanctioned almost 7 million: The Belgian bank was to set up. from 2024, new internal models for calculating credit risk parameters, and submit an audit report validating these models. According to the ECB, Belfius did not comply with this period and was in violation from .
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