KBC

Bank-Insurance Serviceskbc.com

KBC Group NV is a Belgian integrated bank-insurance group serving retail, private banking, SME, and mid-cap clients across five core European markets (Belgium, Czech Republic, Slovakia, Hungary, Bulgaria) through digital and branch channels under the KBC Mobile, Bolero, and CSOB/K&H/UBB brands.

Company typePublic
Founded1998
HeadquartersBrussels, Belgium
Headcount5,001–10,000
GTM typeB2B and B2C
OfferingServices

What KBC does

KBC Group NV is a Belgian integrated bank-insurance group (Euronext Brussels: KBC) serving retail, private banking, SME and mid-cap clients across five core European markets — Belgium, the Czech Republic, Slovakia, Hungary and Bulgaria — through wholly-owned operating subsidiaries KBC Bank and KBC Insurance, and locally branded entities including CSOB, K&H, UBB and DZI. With 39,803 employees and a market capitalization of approximately EUR 52.52 billion (April 2026), KBC is classified as a Globally Systemically Important Bank.

The group's technology platform is anchored by KBC Mobile — ranked #1 in Sia's 2025 International Mobile Banking Benchmark across 137 apps in 23 countries — together with the Bolero self-directed investment platform (now offering regulated Bitcoin and Ether trading under MiCAR with Taurus-PROTECT custody) and the forthcoming Kate Wallet for multi-currency payments (summer 2026). KBC Mobile has been extended beyond core banking into adjacent digital services through a partnership with Firsty for eSim data roaming across 180+ destinations. The group also participates in the Wero European Payments Initiative and the Qivalis euro-stablecoin consortium with eight other European banks.

KBC's revenue model combines net interest income from lending (Q4 2025 adjusted pre-tax profit of EUR 1.4 billion, exceeding consensus by 5%), recurring insurance premiums through KBC Insurance, fee-based wealth and investment services, and an expanding layer of digital/platform revenues. Distribution is omnichannel: a branch network across five core markets complemented by digital onboarding, the PSD2-compliant open-banking API, and partnerships such as Taurus, Firsty, and Partech Impact. The group's strategy is increasingly weighted toward digital leadership, ESG positioning (BEL ESG Index inclusion, Terra Carta Seal) and selective bolt-on M&A (Business Lease CZ/SK, Raiffeisenbank Bulgaria) to consolidate Central European market position.

KBC firmographics

Firmographics

Name: KBC
Legal name: KBC Group NV
Website: https://kbc.com
Company type: Public
Founded year: 1998
Operating status: Operating
Headcount range: 5,001–10,000 employees
Short description: KBC Group NV is a Belgian integrated bank-insurance group serving retail, private banking, SME, and mid-cap clients across five core European markets (Belgium, Czech Republic, Slovakia, Hungary, Bulgaria) through digital and branch channels under the KBC Mobile, Bolero, and CSOB/K&H/UBB brands.
Ownership category
akta.pro rank

KBC industry classification

Industry

Product category: Bank-Insurance Services
NAICS: Offices of Bank Holding Companies (551111), Miscellaneous Financial Investment Activities (523999)
SIC: State Commercial Banks (6022), National Commercial Banks (6021), Finance Services (6199)
akta.pro primary industry: Account Opening, KYC/AML & Customer Due Diligence (CDD/EDD) (FSABALAA)
akta.pro secondary industries: Governance, Controls & Policy Automation (GRC for Web3) (FSAPAJAG), Captive CVC Fund (Dedicated corporate fund structure) (FSANAHAB)

Keywords

Retail banking services
Bank-insurance products
Investment services
Corporate banking
Digital banking

Where KBC is headquartered

Location

Headquarters

HQ city: Brussels
HQ country: Belgium
HQ region: Europe

Offices1 record

Markets served

KBC business model

Business model

GTM type: B2B and B2C
Offering type: Services
Cost components: Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

Banking Services: Traditional banking services including deposits, lending, payment services, and trade finance for retail and corporate clients across core markets.
Insurance Services: Life and non-life insurance products distributed through integrated bank-insurance model alongside banking products.
Net Interest Income: Interest income from lending activities, reported Q4 2025 adjusted pre-tax profit of EUR 1.4 billion, driven by stronger than expected net interest income.

Pricing tiers

Model	Billing	Price
Usage-based	Pay-as-you-go	eSim data roaming bundles

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

KBC product offering

Product offering

Core offering

KBC Group NV is an integrated bank-insurance group providing retail, private banking, SME, and mid-cap clients across Belgium, Czech Republic, Slovakia, Hungary, and Bulgaria with combined banking (deposits, lending, payments, trade finance), insurance (life and non-life), and investment services (Bolero self-directed platform with regulated crypto trading). The group distributes these products through a unified omnichannel model spanning physical branches, the KBC Mobile app, and online platforms under wholly-owned subsidiaries including KBC Bank, KBC Insurance, CBC Banque, CSOB, K&H Bank, and UBB/DZI.

Product overview

KBC is an integrated bank-insurance group operating a platform-plus-subsidiary architecture with two primary entities (KBC Bank and KBC Insurance) under KBC Group NV. Core products include KBC Mobile (primary retail banking app), Bolero (self-directed investment platform for regulated crypto trading), and Kate Wallet (digital wallet for multi-currency payments). The group serves retail, private banking, SME and mid-cap clients across five core markets (Belgium, Czech Republic, Slovakia, Hungary, Bulgaria) through various subsidiary brands including CSOB, K&H, and UBB/DZI. Recent additions include eSim roaming integration via Firsty partnership and crypto trading capabilities through Taurus custody.

Differentiator

Problem solved

Functional benefit

Brands

KBC Mobile: Mobile banking application offering banking, insurance, and digital services including eSim roaming through Firsty partnership
Bolero
KBC Live
Kate Wallet

Products and services

KBC Mobile Banking App Primary mobile banking application serving retail customers in Belgium and other core markets, offering account management, payments, insurance services, and integrating eSim roaming capabilities through Firsty partnership. Ranked leading mobile banking application in Sia's 2025 International Mobile Banking Benchmark.
Bolero Crypto Trading Platform Self-directed investment platform enabling retail clients to trade Bitcoin and Ether, launched February 2026 as the first Belgian bank to offer regulated crypto trading under MiCAR framework. Custody provided by Swiss partner Taurus-PROTECT.
Kate Wallet Digital wallet within KBC Mobile enabling easier payment in foreign currencies, part of KBC's strategy to expand app functionality beyond traditional banking into daily financial management. Launching summer 2026.
KBC Mobile eSim Data Roaming eSim data roaming service integrated into KBC Mobile app via Firsty partnership, covering 180+ destinations with daily passes starting at EUR 3.50 and decreasing for longer booking periods. Users install eSim once and reuse across trips.
KBC Bank Retail and Commercial Banking Wholly-owned banking subsidiary of KBC Group NV providing retail, SME, and corporate banking services across five core European markets (Belgium, Czech Republic, Slovakia, Hungary, Bulgaria). Includes deposits, lending, payment services, and trade finance.
KBC Insurance Life and Non-Life Insurance Products Wholly-owned insurance subsidiary of KBC Group NV offering life and non-life insurance products distributed through the integrated bank-insurance model. All shares held directly and indirectly by KBC Group NV.
KBC Private Banking Services Personalized wealth management, investment advisory, and estate planning services for high-net-worth individuals across the group's five core markets, delivered through dedicated private banking units.
KBC Corporate and SME Banking Services Business banking, SME lending, working capital, corporate insurance, corporate lending, treasury services, and specialized financing for small, medium, and mid-cap corporate clients across the group's five core markets.

Quantifiable outcome

Q4 2025 adjusted pre-tax profit of EUR 1.4 billion, 5% ahead of consensus
+1 more outcomes

Companies that use KBC

Customer profile

Named customers2 records

Segments4 records

Ideal customer profiles4 records

KBC technology and API

Technology

Technology focussed No

API detail

Has API: Yes
API docs
API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

KBC partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core.

FirstycoreTechnology or Integration · 22 June 2026KBC partnered with mobile services provider Firsty to add eSim data roaming capabilities to KBC Mobile app. The eSim-based service covers 180+ destinations with daily passes starting at EUR 3.50, allowing users to buy and manage roaming bundles directly through the banking application.
TauruscoreTechnology or Integration · 16 February 2026KBC selected Swiss digital asset infrastructure firm Taurus as custody partner for regulated crypto trading services through Bolero platform. Taurus-PROTECT provides institutional-grade custody integrated with KBC's risk management, compliance, and operational frameworks under MiCAR regulatory framework.
Qivalis ConsortiumcoreStrategic or Co-development Partner · 1 December 2025KBC joined Qivalis, a consortium of major European banks (BNP Paribas, ING, UniCredit, CaixaBank, Danske Bank, SEB, Raiffeisen Bank International, DekaBank, Banca Sella) to launch a euro-pegged stablecoin under MiCAR regulation targeting H2 2026 launch. Consortium is pursuing Electronic Money Institution authorization from Dutch Central Bank.
AutoBinck Group NVcoreStrategic or Co-development Partner · 23 October 2025KBC Group announced acquisition of Business Lease Czech Republic and Slovakia (subsidiaries of AutoBinck Group NV) for EUR 72 million, expected to complete in Q1 2026. Transaction aims to expand KBC's leasing market share in Central Europe, creating a top 5 player in Czech Republic and top 3 in Slovakia.
Raiffeisen Bank InternationalcoreStrategic or Co-development Partner · 15 November 2021KBC Group agreed to acquire Raiffeisenbank (Bulgaria) from Raiffeisen Bank International for EUR 1,015 million, pending regulatory approval. Transaction aimed to strengthen KBC's position in Bulgaria and expected to be EPS accretive from year one.

Scale indicators4 records

Recent moves6 records

Expansion highlights7 records

KBC competitors and assessment

Company assessment

Broad incumbents

UniCredit: Italian-headquartered pan-European bank with significant Central and Eastern European operations. Comparable to KBC as a diversified European bank with material CEE exposure and integrated product offerings.
Deutsche Bank: Germany's largest universal bank with retail, corporate, and investment banking operations across Europe. Comparable in pan-European integrated banking scope though focused on larger corporate clients alongside retail.
Société Générale: French universal bank with a sizable retail banking network in Europe and emerging markets. Comparable to KBC in integrated retail/corporate banking and insurance distribution across European geographies.
BNP Paribas: France's largest bank with a broad universal banking model including integrated insurance and wealth management across Europe. KBC sits in a similar integrated bank-insurance category, though BNP operates at much greater scale and breadth.

Direct peers

ABN AMRO: Dutch-headquartered universal bank with retail, private banking, and corporate banking in Northwest Europe. Comparable to KBC's Benelux retail banking franchise and integrated digital banking strategy.
Ageas: Belgian-headquartered international insurance group with significant life and non-life operations, historically linked to KBC via shared Belgian heritage. Comparable insurance-side peer, especially relevant given KBC Insurance's role in the integrated model.
ING Group: Dutch-headquartered universal bank with a strong retail-banking focus and integrated digital strategy across the Benelux and beyond. Comparable to KBC as a European retail/digital bank-insurer with similar geographic diversification philosophy.
Belfius Bank: Belgian universal bank owned by the Belgian state, active in retail, SME, and public-sector banking. Directly comparable as a domestic Belgian competitor to KBC Bank across retail, private banking, and corporate segments.
Erste Group Bank: Austrian-headquartered banking group focused on Central and Eastern Europe with retail, SME, and corporate offerings. Most direct geographic peer to KBC's CEE franchise across Czech Republic, Slovakia, Hungary, and similar markets.
Raiffeisen Bank International: Austrian-led banking group with deep CEE footprint including the recent Bulgarian subsidiary divestment to KBC. Highly comparable in geographic mix, retail/SME focus, and CEE market exposure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

KBC compliance and trust

Trust signal

Compliance4 records

KBC financial estimates

Financial estimate

Revenue estimate

Valuation estimate

KBC leadership team

Management profile

Number of profiles

Profiles13 records

KBC subsidiaries and ownership

Company hierarchy

Subsidiaries16 records

KBC funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

KBC M&A and investment

M&A and investment

M&A25 records

Investments34 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KBC

What does KBC do?

Is KBC a public or private company?

KBC is a public company. It is classified as public and is currently operating.

When was KBC founded?

KBC was founded in 1998. It employs 5,001 to 10,000 people.

Where is KBC based?

KBC is headquartered in Brussels, Belgium, in the Europe region.

How does KBC make money?

Three revenue lines are on record. Banking Services are the primary driver. The others are insurance Services and net Interest Income.

Who are KBC's main competitors?

Broad incumbents on record are UniCredit, Deutsche Bank, Société Générale and BNP Paribas. Direct peers are ABN AMRO, Ageas, ING Group, Belfius Bank, Erste Group Bank and Raiffeisen Bank International.

Does KBC have an API?

Yes. KBC offers a PSD2 API enabling third-party providers to access account information and payment services through open banking interfaces. The API supports payment services directive requirements for secure data sharing with authorized third-party providers. Developer documentation is at multimediafiles.kbcgroup.eu/ng/published/kbccom/pdf/psd2_api_s_en.pdf.

What industry is KBC in?

KBC's product category is Bank-Insurance Services. Its primary akta.pro industry code is FSABALAA, Account Opening, KYC/AML & Customer Due Diligence (CDD/EDD), with a secondary code of FSAPAJAG, Governance, Controls & Policy Automation (GRC for Web3). Its NAICS code is 551111 and its SIC code is 6022.