KBC Bank N.V.
is a Belgian universal multi-channel bank
, focusing on private clients and small and medium-sized enterprises. Besides retail banking
and asset management activities (in collaboration with sister companies KBC Insurance NV and KBC Asset Management NV), KBC is active in European debt capital markets, domestic cash equity markets and in the field of corporate banking, leasing
, private equity
and project and trade finance in Belgium, Central
and Eastern Europe
and elsewhere (mainly in Europe). KBC is an initialism for Kredietbank ABB Insurance CERA Bank.
The parent company, KBC Group N.V.
, is one of the major companies and the second largest bancassurer
in Belgium. It is the 18th largest bank in Europe (by market capitalisation
) and a major financial player in Central and Eastern Europe, employing some 57,000 staff worldwide (of which 32,000 in Central and Eastern Europe and Russia) and serving 11 million customers worldwide (some 8 million in Central and Eastern Europe).
The group is controlled by a syndicate of core shareholders, but has a free float of some 42%. In the core shareholders, CERA/KBC Ancora group controls 30%, MRBB (a farmers' association) controls around 13% and a group of industrialist families controls another 11%. The free float
was chiefly held by a large variety of international institutional investors (close to 45% UK-or US-based) as of the end of 2010. Its shares are... Read More