KBC is one of the leading financial groups in Europe. It is a multi-channel bancassurer with a geographic focus on Europe, catering mainly for retail customers, SMEs and mid-cap companies. KBC also provides services to corporate customers and engages in selected market activities. The group occupies major, even leading positions in its home markets of Belgium and Central and Eastern Europe, and has established a presence in a number of other countries and regions around the world. At the end of 2009, KBC employed 54 000 people.
26.07.2010 KBC Bank NV welcomes today’s publication of the results of the 2010 EU-wide stress testing exercise coordinated by the Committee of European Banking Supervisors (CEBS). More
01.06.2010 The European Investment Bank (EIB) and KBC/CBC sign a EUR 300-million loan agreement to support Belgian companies. More
13.05.2010 KBC ended the three months to March 2010 with a net profit of 442 million euros, compared with a net profit of 304 million euros in the previous quarter. More
15.12.2009 KBC Bank NV completed the purchase of a 49.54% stake in ČSOB Slovakia from ČSOB Group Czech Republic (ČSOB Bank, ČSOB Leasing and ČSOB Factoring) for a total consideration of EUR 484 mln. More
14.11.2009 KBC ended the three months to September 2009 with a net profit of €528 million. Excluding exceptional items, an underlying net profit of €631 million was achieved, 54% higher than the previous quarter and up 15% compared to the third quarter of 2008. More
Business and Financial News
US gains access to European banking data - 01.08.2010 US terror investigators can now take advantage of the terms of an agreement drawn up with the EU, which gives them access to the details of bank transfers taking place between the EU and the rest of the world. Source: Deutsche Welle
Results of the 2010 EU-wide stress testing exercise - 23.07.2010 Further to its statements issued on 18 June, 7 July and 19 July 2010, CEBS today releases its summary report on the results of the EU-wide stress test exercise. Source: The Committee of European Banking Supervisors (CEBS)
European banks face stress test - 08.07.2010 The European Union and European Central Bank are pushing for more than 100 European banks to be stress tested, in an effort to avert another financial crisis. Source: Financial News
Siemens plans to set up its own bank - 30.06.2010 German industrial conglomerate Siemens AG plans to set up a bank of its own in an effort to reduce risks of financing difficulties following the economic crisis, the company said Monday. Source: Associated Press
Greek leader considers action against US banks - 17.05.2010 Greece may investigate U.S. investment banks and their role in the run-up to the Greek debt crisis which has shaken faith in euro zone economies, Prime Minister George Papandreou said in comments broadcast on Sunday. Source: Reuters
KBC is one of the leading financial groups in Europe. It is a multi-channel bancassurer with a geographic focus on Europe, catering mainly for retail customers, SMEs and mid-cap companies. KBC also provides services to corporate customers and engages in selected market activities. The group occupies major, even leading positions in its home markets of Belgium and Central and Eastern Europe, and has established a presence in a number of other countries and regions around the world. At the end of 2009, KBC employed 54 000 people.
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