Central Banking

National Bank of Belgium sells iconic Antwerp building

nbb-antwerp

The National Bank of Belgium (NBB) is auctioning off its premises in Antwerp, after closing its branch in the country's second-largest city at the end of last year.

Luc Dufresne, the NBB secretary-general, explained the closure was part of the "longstanding process of rationalising our branch office network". In the past 20 years the central bank has closed 19 branches.

The main drivers for this process, Dufresne explained, were the automation of currency handling and the introduction of the eur

To continue reading...