Main acquisitions and divestments

Year Main acquisitions/divestments Country Activity
2023 Finalisation sale of KBC Bank Ireland Ireland Banking
2022 Acquisition of Raiffeisenbank (Bulgaria) in Bulgaria Bulgaria Banking

KBC Bank Ireland enters into a Memorandum of Understanding with Bank of Ireland Group

KBC to acquire NN’s Bulgarian pension insurance and life insurance businesses





Pension and life insurance

2020 KBC acquires OTP Banka Slovensko Slovakia Banking
2019 NLB and KBC sell their stakes in life insurer NLB Vita to Sava Re Slovenia Life insurance
2019 CSOB to become the sole owner of Czech building savings bank CMSS after acquiring the 45% stake held by Bausparkasse Schwäbisch Hall Czech Republic Building Saving Deposits & Loans
2017 Agreement to acquire MetLife’s remaining 40% stake in UBB-MetLife Bulgaria Life insurance
2017 Sale of KBC TFI to PKO Bank Polski Group Poland Asset Management
2017 Acquisition of UBB and Interlease Bulgaria Banking & Leasing
2015 Sale of stake in Union KBC Asset Management India Asset Management
2015 Acquisition of Volksbank Leasing Slovakia Slovakia Leasing
2014 Run down of activities of Antwerp Diamond Bank Belgium Banking
2013 Divestment agreement Antwerp Diamond Bank Belgium Banking
  Divestment agreement KBC Deutschland Germany Banking
  Divestment agreement KBC Banka Serbia Banking
2012 Sale agreement NLB Slovenia Banking
  Sale agreement Absolut Bank Russia Banking
  Agreement on Kredyt Bank Poland Banking
  Sale agreement Warta Poland Insurance
2011 Sale agreement Fidea Belgium Insurance
  Sale agreement KBL EPB Luxemburg Private Banking
  Sale of KBL EPB to Hinduja Group will not go through Luxemburg Private Banking
  Sale agreement for Centea Belgium Banking
2010 Sale agreement for KBC Peel Hunt U.K. Investment Banking
  Sale agreement for Global Convertible & Asian Equity Derivates activities Various Investment Banking
  Sale agreement for Secura Belgium Reinsurance
  Sale agreement for KBL EPB Luxemburg Private Banking
  Sale of reverse mortage activities U.S. Investmentbanking
2008-1988 Summary

Last update:  19-06-2023