Business
KBC Group finalises acquisition of Business Lease Czech Republic and Slovakia
KBC Group NV, ČSOB Leasing Czech Republic, ČSOB Leasing Slovakia, and AutoBinck Group NV announce Today the successful closing of the agreement for ČSOB Leasing Czech Republic, ČSOB Leasing Slovakia to acquire 100% of the shares in Business Lease s.r.o. (“Business Lease Czech Republic”) and Business Lease Slovakia s.r.o. (“Business Lease Slovakia”). The transaction, originally announced on 23 October 2025, has received all necessary regulatory approvals, including from the Antimonopoly Office of
About this update from Kbc Group N.v.
[{"type":"image","alt":"KBC Groep","displaySize":"","headline":null,"caption":"KBC Groep","className":"","disableSlideshowImg":false,"size":{"original":{"width":83,"height":69,"url":"https://media.zenfs.com/en/globenewswire.com/a2889706715a20df6ebfa3306e636afd"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/q63oBm4t6tcOmIv0tzaI5g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTExMDtoPTkxO2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/a2889706715a20df6ebfa3306e636afd","width":83,"height":69}},"lazy":false},{"type":"text","content":"KBC Group NV, ČSOB Leasing Czech Republic, ČSOB Leasing Slovakia, and AutoBinck Group NV announce Today the successful closing of the agreement for ČSOB Leasing Czech Republic, ČSOB Leasing Slovakia to acquire 100% of the shares in Business Lease s.r.o. (“Business Lease Czech Republic”) and Business Lease Slovakia s.r.o. (“Business Lease Slovakia”). ","length":351,"tagName":"p"},{"type":"text","content":"The transaction, originally announced on 23 October 2025, has received all necessary regulatory approvals, including from the Antimonopoly Office of the Slovak Republic and Czech Republic.The total consideration for the deal amounts to 72 million euros and has only an immaterial impact on KBC Group’s robust capital position (a reduction of just 4 basis points on KBC Group’s unfloored fully loaded CET1 ratio).","length":413,"tagName":"p"},{"type":"text","content":"With this acquisition, KBC Group significantly expands its leasing activities in Central Europe and strengthens its market position in both the Czech Republic and Slovakia. The integration of Business Lease with ČSOB Leasing will create a leading fleet management and operational leasing provider—managing approximately 15,000 vehicles in the Czech Republic (top 5 player) and around 10,000 vehicles in Slovakia (top 3 player).","length":427,"tagName":"p"},{"type":"text","content":"Following the completion of the transaction, ČSOB Leasing Czech Republic and ČSOB Leasing Slovakia become the new parent companies of Business Lease Czech Republic and Slovakia. The next steps in the integration process will be determined in due course.","length":253,"tagName":"p"},{"type":"text","content":"To ensure a seamless transition, the Business Lease brand name will initially remain in use. In the meantime, with the full support of ČSOB Leasing in both countries, Business Lease will continue ...