Investor Presentaiton
Acquisition to have limited impact on KBC Group CET1
Pro-forma fully-loaded CET1 ratio at KBC Group (Danish compromise)
Comments
16.4*
CET1 Ratio 9M21
Pre-transaction
(100bps)
15.4%
10.60%
Overall
Capital
Requirement
CET1 Ratio 9M21
Post-transaction
* Remember, No IFRS interim profit recognition. Pro forma CET1 including 100% of 9M21 profit recognition 18.1%
Consideration will be fully paid in cash from available funds
Limited impact of the transaction on KBC Group CET1 capital
ratio of around -1pp upon closing
KBC Group remains very well capitalized, well above the
fully-loaded regulatory minimum of 10.60%
Dividend policy to remain unchanged (at least 50% pay-out
ratio including interim dividend and AT1 coupon)
17
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