KBC Groep NV (KBC.BR)
Fri, Sep 8 2017
* REG-KBC GROUP: KBC ASSET MANAGEMENT SELLS POLISH ENTITY TO PKO BANK POLSKI GROUP
* REG-KBC GROUP: EXCEPTIONALLY STRONG RESULT OF 855 MILLION EUROS IN THE SECOND QUARTER
BRUSSELS, Aug 10 Belgian financial group KBC on Thursday posted a better-than-expected net profit in the second quarter, aided by stronger economic growth and the release of loan loss impairments.
* KBC's Czech bank CSOB signs 10-year contract to provide banking and insurance services for Czech Post-statement
* REG-KBC GROUP: KBC COMPLETES ACQUISITION OF UNITED BULGARIAN BANK AND INTERLEASE
* KBC's Czech bank CSOB says Q1 net profit rises 42 percent to CZK 4.7 billion ($192.07 million)
* Q1 NET INTEREST INCOME EUR 1.03 BILLION VERSUS EUR 1.03 BILLION IN REUTERS POLL
BRUSSELS, May 11 Belgian financial group KBC Groep NV on Thursday reported a better-than-expected net profit for the first quarter, as lending and deposits rose while low loan loss provisions and insurance claims also helped the company.
(The following statement was released by the rating agency) PARIS/LONDON, March 20 (Fitch) Fitch Ratings has upgraded KBC Bank's and KBC Groep NV's (KBC Group) Long-Term Issuer Default Ratings (IDRs) and senior debt ratings to 'A' from 'A-', and Viability Ratings (VR) to 'a' from 'a-'. Fitch has also upgraded KBC Verzekeringen's and KBC Group Re's Insurer Financial Strength (IFS) ratings to 'A+' from 'A', and KBC Verzekeringen's Long-Term IDR to 'A' from 'A-'. The Outlooks are Stable. A ful