KBC Groupe SA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Thomson Reuters StreetEvents
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KBC Groupe SA Implements New Organizational Structure; to Create New Business Unit for Czech Republic Franchise
KBC Groupe SA announced that the Company will implement a new organizational structure. In the new structure, a new, separate business unit will be created for the Czech Republic franchise. The current Merchant Banking Business Unit will be split mainly into: Corporate Banking Belgium, which has been shifted to the Belgium Business Unit, activities such as Markets and Securities, which have been shifted into the new International Product Factories Business Unit and Ireland, which will be incorporated into the new International Markets Business Unit. The Shared Services & Operations Business Unit has been split into: country and international product factories. Truly international product factories (e.g., KBC Asset Management and KBC Securities) will be moved into the new International Product Factories Business Unit. Other, not truly international, product factories (e.g., Lease) will be divided into the different business units as (embedded) Country Product Factories. International service providers (e.g., ICT) will be moved into the new Corporate Change & Support Division.
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