PARIS (Reuters) - French-Belgian bank Dexia (DEXI.BR: Quote, Profile, Research) said on Thursday it expected the global credit crunch to have a limited impact on first-quarter accounts, and repeated that due to its solid liquidity position it would benefit from the current climate.

Speaking to a Morgan Stanley conference in London, Rembert von Lowis, a member of Dexia's managing board, said the bank was well positioned to reach its mid-term goals

"This is a message of confidence that I wanted to transmit to you. Dexia is in a very favourable position to meet its medium-terms targets," he said.

"We don't believe we will have any material negative impact from the crisis and in terms of our liquidity position, which is for every bank a major source of concern, we believe we are in a very strong position and that we will, contrary to other banks, benefit from the current market conditions," he added.

A recording of von Lowis' comments was available on Dexia's Web site.

(Reporting by Yann Le Guernigou, Dominique Vidalon; Editing by Maureen Bavdek)