Belgian multi-channel bank KBC Group NV (KBCSF.PK, KBCSY.PK) said it finalized the transaction announced on 28 December 2012, whereby KBC sold its remaining 22% stake in the Slovenian NLB Bank to the Republic of Slovenia for a total consideration of 2.76 million euros, which represents 1 euro per share. KBC said it is now no longer a shareholder of NLB, complying with the request of the European Commission to divest from NLB.
KBC noted that the transaction gave rise to a negative impact on KBC's earnings of -0.1 billion euros which was already reflected in its fourth-quarter 2012 results, whilst the impact on KBC's capital is negligible.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.