About KBC Bank NV
1998 – Two Belgian banks (the Kredietbank and CERA Bank) and a Belgian insurance company (ABB) merge to create the KBC Bank and Insurance Holding Company.
KBC’s unique bancassurance model is launched in Belgium.
1999 – The group embarks upon its policy of expansion in Central and Eastern Europe with the acquisition of ČSOB (in the Czech Republic and Slovakia).
2000-2005 The group continues to expand its position in the banking and insurance markets of Central and Eastern Europe by acquiring banks and insurance companies in Poland, Hungary, the Czech Republic and Slovakia, becoming one of the top three players in the region’s financial sector.
The bancassurance model is gradually introduced to the home markets in Central and Eastern Europe… Continue reading about KBC Bank NV here.
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