Paris/Brussels - French-Belgian bank Dexia said Thursday that it had lost 3.326 billion euros (4.25 billion dollars) in 2008 primarily because of losses related to the US subprime crisis.
Turnover fell by nearly half compared with 2007, to 3.556 billion euros, with the financial crisis eating nearly 6 billion euros out of the bank's earnings, Dexia said in a statement.
Dexia suffered more than half of that negative impact in the fourth quarter of last year, when it posted a loss of 2.6 billion euros.