Fortis lost 1.5 billion EUR from the mortgage crisis in USA

Dutch-Belgian financial company Fortis today, announced that its profit in 2007 had decreased with 8.2% when it should lose more than 1.5 billion EUR, because of the crisis in secondary American Mortgages. This result is based on often relations to the investors and hard rating of obligations for owes in the sector of secondary mortgages, told from the company.
In the previous year Fortis had registered 3.9 billions EUR net profit, but 900 millions from this are from the selling of its unit CaiFor to the Spanish Bank Caixa. Without outside incomes , the net profit of the financial company is 3.06 billions EUR, which had a decreasing of 30% in comparison with the result of 2006.
Fortis together with Royal Bank of Scotland and the Spanish Bank Santander soon took the Dutch bank ABN Amro for the recor value of 71 billions EUR. From Fortis announced, that the prices of passage and integration is going with full power.