KBC’s ‘Crown Jewel’ Unit CEO Eyes Idle Wealth in Czech Accounts

  • CSOB seeks to boost asset management, insurance market share
  • CEO sees market prospects as Czech habits lag western peers

The largest Czech bank, dubbed KBC Groep NV’s “crown jewel” by its chief executive, sees opportunities for lenders to grow in the ex-communist European Union member as they coax thrifty clients into higher-yielding investments.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.