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KBC Bank Deutschland AG Wachtstraße 16 28195 Bremen, Germany http://www.kbcbank.de
Contact Mr Luc Cool +32 2 429 40 51
Company logo of KBC Bank Deutschland AG
KBC Bank Deutschland AG

European Commission decision on KBC group strategic plan expected today at noon

Meanwhile KBC requests share suspension

(PresseBox) (Bremen, )
Today, the European Commission is expected to decide on the strategic plan which KBC group submitted at the end of September.

The plan is an analysis of KBC group's business and its future strategy, and served as a basis for the Commission to assess KBC's capacity to redeem the government securities within a reasonable timeframe. This is common practice for European financial institutions that have been bailed out in the past year.

Pending the decision and the communication from the European Commission, KBC Group NV has requested to have its share suspended.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.