KBC Posts Loss on Pending Divestments as Interest Margin Shrinks - Businessweek

KBC Posts Loss on Pending Divestments as Interest Margin Shrinks Businessweek KBC Groep NV (KBC), the Belgian bank and insurer working to repay 6.5 billion euros ($8.05 billion) of state aid, posted an unexpected loss after writing down the value of its remaining businesses to be sold. The second-quarter net loss of 539 million ... and more »