BRUSSELS (AFP) - Belgian creditors of failed Wall Street investment bank Lehman Brothers have demanded some US$700 million (S$987 million) from its administrator, local news media reported Saturday.

The five largest Lehman creditors in Belgium are Dexia bank at US$354.2 million, ING Belgium at US$125.2 million, Fortis at US$99.5 million, KBC at US$81.1 million and Axa Belgium at US$23.3 million, the Echo and De Tijd newspapers said.

Others include energy firm Electrabel and financial cooperative Swift, as well as religious congregations and charitable organisations.

The deadline for claims set by the US bankruptcy court was September 22, more than a year after the shock failure of Lehman Brothers.

Lehman's collapse sowed panic in boardrooms, government offices and households around the world and has come to symbolise the beginning of a steep slump that plunged the global economy into recession.

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