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Press releases

A new era dawns for KBL epb which today announces the closing of its acquisition by Precision Capital

31 July 2012

KBC Group ("KBC") and Precision Capital today finalised their agreement on the sale, announced last October, of KBL European Private Bankers ("KBL epb"), after receiving authorization from the supervisory authorities concerned. This agreement, for a total consideration of approximately € 1 billion, guarantees Precision Capital a 99.9% interest in KBL epb. Precision Capital is a Luxembourg based company governed by Luxembourg law. It represents the interests of a group of prominent Qatari private investors.

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KBL European Private Bankers begins to provide liquidity on the continuous trading segment for investment funds of Luxembourg stock exchange

02 July 2012

On 2 July 2012, KBL European Private Bankers has begun its activity of liquidity provider on the continuous trading segment for investment funds of Luxembourg Stock Exchange.

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