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AGESF (Ageas/ NV) Short-Term Debt : $0 Mil (As of Jun. 2024)


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What is Ageas/ NV Short-Term Debt?

Ageas/ NV's Short-Term Debt for the quarter that ended in Jun. 2024 was $0 Mil.


Ageas/ NV Short-Term Debt Historical Data

The historical data trend for Ageas/ NV's Short-Term Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ageas/ NV Short-Term Debt Chart

Ageas/ NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Short-Term Debt
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Ageas/ NV Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Ageas/ NV Short-Term Debt Explanation

Short-Term Debt represents the total amount of Long-Term Debt such as bank loans and commercial paper, which is due within one year.


Ageas/ NV Short-Term Debt Related Terms

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Ageas/ NV Business Description

Address
Avenue du Boulevard 21, Manhattan Center, Bolwerklaan 21, Brussels, BEL, 1210
Ageas was spun out of Fortis during the financial crisis after a consortium including Banco Santander and Royal Bank of Scotland launched a failed bid for ABN Amro. The takeover was badly timed and overly ambitious, and to fund it Fortis started selling noncore divisions while writing down collateralised debt. As Fortis' capital began to decline, the company initiated a rights issue, and the long-held promised dividend was suspended. As Fortis' share price began to decline and financial market conditions continued to worsen, with a series of leadership changes customers began to withdraw deposits. Fortis was approached by the government and sold its domestic banking operations to the Belgium government. It also spun off its insurance and asset management business.

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