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KBC Group N.V. is a Belgian universal multi-channel bank-insurer, focusing on private clients and small and medium-sized enterprises in Belgium, Bulgaria, Czech Republic, Hungary, and Slovakia. It was created in 1998 through the merger of Kredietbank (KB), the cooperative CERA Bank [ nl ] , ABB Insurance, and Fidelitas Insurance.
Almanij acquired all shares of Gevaert in 2002. In 1998, Kredietbank Group with CERA Bank and Assurantiën Belgische Boerenbond (E:ABB-insurance) merged into KBC Bank and Insurance Group. In 2004, all activities outside the KBC and KBL groups were transferred to Gevaert. Almanij used to hold four stakes in major companies:
ING Group [16] Bank Bruxelles Lambert Brussels: BBRU BE BB KBC Bank: KBC Group NV [17] Kredietbank, Cera, Raffeisenkas, Centea (KBC Group NV) sold to Crédit Agricole Group (Belgium), [18] Bank van Roeselare Brussels: KRED BE BB Keytrade Bank: Crédit Agricole (100%) (2007) VMS-Keytrade (1998–2002), bought RealBank (2002) Brussels: KEYT BE BB
KBC Bank Ireland provided a wide range of banking services including Corporate, Commercial and Business Banking, Private Banking and Treasury & Capital Markets. Its mortgage division, KBC Homeloans, was a leading mortgage provider in Ireland. [citation needed] KBC began operating a branch network in 2012 [3] with a further build-out in 2014. [4]
Hollows retired in 2022 after being with the KBC group for 25 years and was followed by Aleš Blažek, the former CEO of KBC Bank Ireland. [12] ČSOB bought the largest online travel insurance seller in the Czech Republic, Top-Pojištění, in 2016. At the time Top-Pojištění had 270,000 clients and stayed an independent insurance broker ...
KBC started its TV operations on 1 March 1959 at 10am. [ 1 ] : 98 At that time it allotted to air at least 70% of programs from Nippon Educational Television and 30% of programs from Fuji TV. [ 1 ] : 100–101 In July 1961, KBC obtained another license for the whole of Kitakyushu City in Fukuoka and started to place its relay transmitters on ...
Investeringsmaatschappij Argenta N.V. (abbreviated, Investar N.V.), a mixed financial holding of the Van Rompuy family, holds 86.81% of the shares in the parent, with the remainder of the shares owned by Argenta Coöperatieve C.V. (abbreviated, Argen-Co C.V.), [5] which is a recognised cooperative undertaking in accordance with the Act of 20 July 1955 on a National Council for Cooperatives.
When the credit rating of MBIA an American insurer, which specializes in bond insuring, was downgraded to junk this decreased the value of KBC's risky assets. A third agreement was made. Mid-May 2009 the federal government announced it will offer bank guarantees for up to 2 billion euro. [34] In 2012 KBC made a profit of 612 million euro.