Belgian banks seek millions from Lehman bankruptcy
Belgian creditors of failed Wall Street investment bank Lehman Brothers have demanded some 700 million dollars (480 million euros) from its administrator, local news media reported Saturday.
The five largest Lehman creditors in Belgium are Dexia bank at 354.2 million dollars, ING Belgium at 125.2 million, Fortis at 99.5 million, KBC at 81.1 million and Axa Belgium at 23.3 million, the Echo and De Tijd newspapers said.
Others include energy firm Electrabel and financial cooperative Swift, as well as religious congregations and charitable organisations.
The deadline for claims set by the US bankruptcy court was September 22, more than a year after the shock failure of Lehman Brothers.
Lehman's collapse sowed panic in boardrooms, government offices and households around the world and has come to symbolise the beginning of a steep slump that plunged the global economy into recession.
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