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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.
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]
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
K&H was established as Országos Kereskedelmi és Hitelbank Rt. (OKHB, lit. ' National Commercial and Credit Bank ') under the 1987 reform that established a two-tier banking system in Hungary, as one of the three main commercial banks spun off from the Hungarian National Bank together with Budapest Bank (BB) and Hungarian Credit Bank (MHB).
The 2008–2009 Belgian financial crisis is a major financial crisis that hit Belgium from mid-2008 onwards. Two of the country's largest banks – Fortis and Dexia – started to face severe problems, exacerbated by the financial problems hitting other banks around the world.
The legal merger is the next step in the integration of the two banks after the Belgian KBC Group acquired the business of Raiffeisen Bank International in Bulgaria in the summer of 2022. KBC Bank Bulgaria (previously known as Raiffeisenbank (Bulgaria) EAD) is fully licensed bank with operations in Bulgaria and abroad. KBC Bank Bulgaria is a ...
In addition, a candidate for inclusion must possess a free float market capitalisation (in Euros) of at least 300000 times the price of the index on the last trading day of December. [2] The minimum requirement for an existing constituent to remain in the index is a market cap of 200000 times the index value. [ 2 ]
De Tijd was established and financially supported by the Vlaams Economisch Verbond.In 2005, two major Belgian media conglomerates, the Flemish De Persgroep which is the owner of Het Laatste Nieuws and De Morgen among others and the Walloon Rossel which is the owner of Le Soir among others purchased Uitgeversbedrijf Tijd, the mother company of De Tijd and Editeco, the publishing company of L ...