BPCE-backed Caisse d'Epargne to acquire Bank Nagelmackers from Dajia Insurance.

BPCE-backed Caisse d'Epargne, group of French savings banks, agreed to acquire Bank Nagelmackers, the oldest bank in Belgium, from Dajia Insurance, an insurance services provider. Financial terms were not disclosed. "The Nagelmackers acquisition project represents a new major step in our pragmatic and entrepreneurial development in Belgium, where we have been operating for 10 years. In this way, we wish to preserve the know-how, corporate culture and brand that have made Nagelmackers successful and renowned, while giving it the human, technical and financial resources to accelerate its development. We would be committed to a significant growth process for Nagelmackers, its customers and its employees," Laurent Roubin, Caisse d'Epargne Hauts de France Chairman of the Board of Directors.