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KBC buys CSOB

KBC, the Belgian bancassurance group, has signed an agreement with the government of the Czech Republic to acquire a 66% stake valued at CZK40.1bn (e1.1m) in Ceskoslovenska Obchodni Banka (CSOB), the country’s fourth largest bank. KBC’s business strategy details strong development of CSOB’s retail business.

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  • QN-2559

    Asset class: Multi Assets.
    Asset region: -.
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