KBC strengthens its position in Central Europe with the acquisition of Business Lease

KBC Group has announced the acquisition of Business Lease in the Czech Republic and Slovakia, strengthening its position in Central Europe. This €72 million transaction involves the acquisition of 100% of the shares of Business Lease Czech Republic and Business Lease Slovakia, subject to regulatory approval. Completion is expected in the first quarter of 2026. While the financial impact on KBC's capital position will be minimal, the acquisition will strengthen its operational leasing capabilities, positioning the group among the major players in the Czech and Slovak markets.

Johan Thijs, CEO of KBC, highlighted the strategic importance of this transaction for the development of leasing activities in Central Europe, offering operational synergies and a better customer experience. KBC's Czech and Slovak management welcomes this step forward as a significant expansion opportunity in the leasing sector.