Resolution, a bad bank from the residual of Hypo Alpe-Adria-Bank International. Via the subsidiary Dexia Kommunalbank Deutschland A.G. (DKD), Dexia had a loan of €417 million to former Hypo Bank. Carinthia state government offered to buy back the senior bonds for 75% par value and 30% for subordinated bonds of Heta. Previously Carinthia had guaranteed the subordinated bond but later Austrian central government, as instructed by European Union, could not provide any more state aid. Moreover, Financial Market Authority of Austria used the power given by EU Bank Recovery and Resolution Directive, which bail-in the shareholders and subordinated bond holders. On the subsidiaries, Crediop would be run-off, Dexia Credito Local Mexico had been placed in a trust, Dexia Kommunalkredit Bulgaria was liquidated, Dexia Nederland and Dexia Luxembourg (ex-Dexia LdG Banque) abandoned their banking licenses. 2018 Dexia sells its 58.9% interest in Dexia Israel Bank in March 2018. In December 2018, German subsidiary Dexia Kommunalbank Deutschland (DKD) was sold to Helaba for €352 million. Figures Dexia shares Dexia was a member of the BEL20 and CAC Next 20 indices. Dexia is also one of the components of the Euro STOXX and Euro STOXX Banks indices. Results Shareholder structure BIC Dexia's BIC codes are: For Dexia Credit Local: CLFR FR CC Controversies Netherlands Dexia had ambitious plans in the Netherlands, and took over Bank Labouchère from the Dutch insurer Aegon in August 2000 at the height of the market. On top of this, in 2001 the business bank Kempen & Co was bought and removed from the stock market for about €1 billion. The two acquired companies Labouchère and Kempen & Co were merged into Dexia Netherlands. This merger had to be undone however, because of an asset leasing affair that threatened to damage the reputation of Kempen & Co. The asset leasing affair left Dexia in The Netherlands in the end with so much negative publicity that it decided to reduce its Dutch activities. In 2004 Kempen & Co was sold for about €85 million, a fraction of the buying price, to its management, the Friesland Bank, NPM Capital and . Dexia Bank Netherlands still continues to unwind asset leasing contracts under the commercial name of Legio Lease, and the corresponding agreements and court cases. Dexia suffered a substantial loss in March 2008, after a ruling from the Supreme Court on the legality of leasing contracts, in which contracts were considered