trending Market Intelligence /marketintelligence/en/news-insights/trending/v9J6VQVlBlwHX393Swbm6A2 content esgSubNav
In This List

Reports: KBC eyes acquisition targets in CEE region

Blog

Commercial Banking: June 22nd Edition

Blog

Commercial Banking Newsletter June Edition - 2022

Podcast

Street Talk | Episode 96: Considering recession risks, prospects that the Fed achieves a 'soft landing'

Blog

Insight Weekly: US recession outlook; mortgage activity slowdown; climate disclosure push


Reports: KBC eyes acquisition targets in CEE region

KBC GroupNV CEO Johan Thijs said the bank would "look at"Budapest Hitel- és FejlesztésiBank Zártköruen Muködo Rt., if the Hungarian government decides to sellit, Reuters reported Sept. 27, citing Hungarian business daily Vilaggazdasag.

In May, bneIntelliNews reported that the government intended to sell the bankin 2016, while Reuters later cited Hungarian Economy Minister Mihaly Varga assaying that the sale of the lender could be completed by 2017.

Meanwhile, L'Echoalso reported that KBC Group is interested in acquiring and had hiredJPMorgan to advise on a potential transaction.