- Business
- Childbirth & Education
- Legal Formalities
- Motoring
- Other
- Pensions & Benefits
- Property & Accommodation
- Taxes
- Airports and Airlines Spain
- Paramount Theme Park Murcia Spain
- Corvera International Airport Murcia Spain
- Join us for Tea on the Terrace
- When Expat Eyes Are Smiling
- Meet Wincham at The Homes, Gardens & Lifestyle Show, Calpe
- QROPS 2014
- Spain Increases IHT in Valencia & Murcia
- Removals to Spain v Exports from Spain
- The Charm of Seville
- Gibraltar Relations
- Retiro Park : Madrid
- Community Insurance in Spain
- Calendar Girls
- Considerations when Insuring your Boat in Spain
- QROPS – HMRC Introduces changes that create havoc in the market place
- QROPS – All Change From April 2012
- Liva & Laia : 15th November
Belgian finance group KBC has proposed selling KBC Bank in Serbia and non-core activities in eastern Europe as part of a restructuring required by the European Commission, Belgian media said.
The group could also divest KBC Bank Ireland and Absolut Bank in Russia and even, as a last resort, its Belgian retail bank Centea, newspapers De Tijd and De Standaard reported on Friday.
KBC was bailed out over the past year with 7 billion euros of aid from the Belgian state and Flemish regional government,which the EU's executive approved on condition the bank submitted a restructuring plan.
KBC presented the five-year plan to the Commission on Wednesday and was expecting a decision by the end of the year.
The company could also shed the remainder of KBC Financial Products, which sold collateralised debt obligations (CDOs) to a number of the group's private clients, De Standaard said.