KBC Bank acquires International Finance Corporation's 5% stake in Absolut Bank - MarketLine Financial Deals

KBC Bank acquires International Finance Corporation's 5% stake in Absolut Bank

KBC Bank acquires International Finance Corporation's 5% stake in Absolut Bank - MarketLine Financial Deals
KBC Bank acquires International Finance Corporation's 5% stake in Absolut Bank
Published Apr 12, 2011
3 pages — Published Apr 12, 2011
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Abstract:

KBC Bank N.V., a Belgium-based provider of retail and corporate banking, and asset management services, has acquired a large part of International Finance Corporation (IFC)'s current 5% stake in Absolut Bank, a Russia-based diversified banking company providing corporate lending, trade finance, SME banking and retail business development services, for a total consideration of $66.81 million.

  
Source:
Document ID
MA65051_110603
Country
Country
Country
Ticker
KBC=BE
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MLA:
MarketLine Financial Deals. "KBC Bank acquires International Finance Corporation's 5% stake in Absolut Bank" Apr 12, 2011. Alacra Store. Dec 09, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/KBC-Bank-acquires-International-Finance-Corporation-s-5-stake-in-Absolut-Bank-2052-61827>
  
APA:
MarketLine Financial Deals. (2011). KBC Bank acquires International Finance Corporation's 5% stake in Absolut Bank Apr 12, 2011. New York, NY: Alacra Store. Retrieved Dec 09, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/KBC-Bank-acquires-International-Finance-Corporation-s-5-stake-in-Absolut-Bank-2052-61827>
  
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