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
2021	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	Ireland Bulgaria	Banking 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	—	—

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Last update: 19-06-2023