KBC Group is a Belgium-based integrated bank-insurance group offering a wide range of financial products and services to retail clients, small and medium-sized enterprises (SMEs) and corporate, municipal and institutional clients. Headquartered in Brussels, the group operates under a universal banking model that combines commercial and private banking services with life and non-life insurance activities. KBC Group’s business model is designed to deliver both banking and insurance solutions through a single relationship management approach, enabling cross-selling of products and a comprehensive value proposition for its customer base.
The bank’s core banking activities encompass deposit-taking, consumer and mortgage lending, payment services, asset management, leasing and factoring, as well as private banking and wealth management. On the insurance side, the group provides a portfolio of life insurance policies, health, accident and property insurance products, and tailored coverage for businesses and professionals. KBC Asset Management, a subsidiary, offers a range of mutual funds, pension schemes and alternative investment vehicles, while KBC Securities focuses on trading, capital markets and corporate finance advisory services.
KBC Group has a strong presence in Belgium and Central and Eastern Europe, including the Czech Republic, Slovakia, Hungary, Bulgaria and Romania. Through its subsidiary ČSOB in the Czech Republic and Slovakia, K&H Bank in Hungary, United Bulgarian Bank and DZI in Bulgaria, as well as other regional units, the group serves over six million clients across these markets. This geographic diversification allows KBC to leverage growth opportunities in dynamic economies, while maintaining a leading position in its home market of Belgium.
The origins of KBC Group date back to the late 19th and early 20th centuries with the founding of several regional savings banks and insurance companies. In 1998, a landmark merger brought together Kredietbank, CERA Bank and ABB Insurance to form the modern KBC Group. Under the leadership of CEO Johan Thijs and Chairman of the Board Thomas Leysen, the group has pursued digital innovation, sustainable finance initiatives and targeted acquisitions to strengthen its market position and enhance operational efficiency.
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