KBC Group: KBC’s reaction to the Bloomberg article “Belgium’s KBC is exploring a potential deal for ABN Amro”

Summary by AI ^BETAClose X

KBC Group has released a statement addressing market speculation. While committed to financially sound growth and continuously monitoring opportunities to strengthen its digital-first bank-insurance model, KBC states they are only studying a potential acquisition of the State-backed Belgian Insurance company, Ethias NV.

Disclaimer*

Referring to KBC Group’s earlier and repeated statements about its strategy, we remain committed to pursuing financially sound and sustainable growth. We are continuously monitoring the market to identify opportunities that strengthen our unique digital-first bank-insurance group. Currently, we are only studying a potential acquisition of the State-backed Belgian Insurance company, Ethias NV.

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