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Presentation (correction slide 18) - Dexia.com

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<strong>Dexia</strong> 2014: A Retail Group with 10 million clients<br />

In<strong>com</strong>e evolution (% of total)<br />

Non <strong>com</strong>mercial<br />

revenue<br />

Divestitures<br />

Crediop/Sabadell<br />

20%<br />

17%<br />

8%<br />

28%<br />

PWB<br />

~<strong>18</strong>%<br />

AMS<br />

~21%<br />

RCB<br />

Turkey<br />

~27%<br />

RCB BE<br />

& Lux<br />

~33%<br />

Increased weight of Retail &<br />

Commercial activities, accounting<br />

for around 60% of 2014 revenues:<br />

• ~4 m clients in Belgium & Luxembourg<br />

• ~6 m clients in Turkey<br />

Profitable and efficient AMS<br />

businesses, at par with <strong>com</strong>petitors<br />

PWB refocused on Belgium and<br />

France, with a production adapted<br />

to market funding capacities<br />

Legacy division significantly downsized<br />

and funded long-term<br />

2007<br />

2014E<br />

5<br />

Note: 2007 figures pro-forma estimated; PWB excl. Crediop/Sabadell

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