NN Bulgaria: KBC Group’s Strategic Acquisition of NN’s Pension and Life Insurance Businesses
In a strategic move to enhance its presence in Bulgaria, KBC Group, a prominent Belgian banking and insurance conglomerate, acquired NN Bulgaria Group’s Bulgarian pension and life insurance businesses in 2021 for €77.7 million. This acquisition underscores KBC’s commitment to expanding its integrated bank-insurance model in Bulgaria, a core market for the group. Overview of … Read more