The interim head of embattled Belgian-Dutch financial group Fortis could receive more than euros 5 million ($A8.9 million) in a departure package, Dutch press have reported.
Under the terms of his contract, chief executive Herman Verwilst's departure bonus is triple his annual salary, which last year topped 695,000 euros ($A1.24 million) plus a million-euro bonus, NRC Handelsblad daily said.
Verwilst served as Fortis chief executive for just 78 days before resigning last Friday.
Fortis, bailed out Sunday in a euros 11.2 billion ($A19.94 billion), partial nationalisation plan by Belgian, Dutch and Luxembourg governments, declined to confirm the report.
"All this will all be revealed in due course. For the moment we cannot comment on the rumours and the figures calculated by outside people," a Fortis spokeswoman told AFP.
Verwilst, 61, announced his resignation after Fortis' shares plummeted more than 20 per cent last Friday alone, to their lowest level in 15 years. He was replaced Wednesday by the former head of the banking division Filip Dierckx.
"During this period, the group's share price fell by 45 per cent," noted NRC Handelsblad, of Verwilst's 78 days in charge of the group.
Fortis shares lost more than a third of their value in the last two weeks amid market concerns over its solvency and its ability to raise funds to absorb its acquisition of former Dutch rival ABN Amro.
