KBC Makes Hungary Purchase, Seeks Private Clients in Central Europe

KBC Bank, which owns the KBL European Private Bankers network, has acquired a majority interest in the Hungarian Kereskedelmi es Hitelbank from ABN Amro. KBC paid €510 million ($609.7 million) for....

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By: Toni Blake
December 13, 2005
KBC Bank, which owns the KBL European Private Bankers network, has acquired a majority interest in the Hungarian Kereskedelmi es Hitelbank from ABN Amro. KBC paid €510 million ($609.7 million) for....