KBC Group (KBCSF.PK) Friday announced that the group had, on Thursday, reached an agreement with the Republic of Slovenia wherein KBC will sell its remaining 22% stake in NLB to the Republic of Slovenia for a total consideration of 2,765,282 euros, which represents.1 euro per share.
KBC Group further stated that, in doing so, KBC will fully exit NLB and comply with the strategic plan which it agreed with the European Commission in November 2009.
KBC Group further added that for three of its remaining divestment files, i.e. Antwerp Diamond Bank (Belgium), KBC Banka (Serbia) and KBC Bank Deutschland (Germany), KBC is still in discussions with a number of interested parties, while Kredyt Bank (Poland) is in a merger process with BZ WBK which is ongoing. For all four files, KBC is also maintaining an open and constructive dialogue with the European Commission.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.