IBOS member KBC wins four different awards by Euromoney

IBOS member KBC stole the show at the 2019 Euromoney Awards, winning awards for Best Bank in Western Europe, Belgium, the Czech Republic and Hungary.

Earlier this month, KBC was awarded ‘Best Banking Group in Western Europe’, and additionally won three individual country awards: KBC in Belgium, ČSOB in the Czech Republic and K&H in Hungary. All three were each awarded the ‘Best Bank’.

These recognitions symbolise that KBC is succeeding as being one of the core institutions in the financial sector, and a clear sign of recognition for its ambition to be the reference for customer-oriented bank insurance in its core markets.

The Euromoney jury was particularly impressed by the sustainable and exceptionally high return on equity that KBC has repeatedly put down and the high shareholder value that the Group has created over the past decade. KBC is more resistant to the pressure on interest margins and links healthy credit growth to low financing costs, the jury notes. KBC is also particularly strong with regard to digital services, Euromoney concludes.

Read the full press release via KBC here