Axa Bank Belgium, located in Antwerp, is Axa Group’s banking arm that provides retail banking to individuals and small companies in Belgium. The bank works in close cooperation with Axa’s local insurance company to complement their financial product offering with a range of retail banking products and services.In June 2007, Axa Group’s management board decided to adopt a common European banking strategy. The deployment of this strategy led to the creation in Brussels of a European banking head-office, Axa Bank Europe, using the former Axa Bank Belgium’s legal structure. In 2008, Axa Life Europe Hedging Services joined AXA Bank Europe to provide financial engineering competencies to insurance companies of the group and Axa Bank Europe.