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KBC Ancora reduces interest charges by 0.6 million euro on an annual basis

16/10/2020

Leuven, 16 October 2020 (17.40 hrs CEST)

On an existing loan of 100 million euro, which runs until May 2027, KBC Ancora has reduced its interest charges by 0.6 million euro on an annual basis. Over the total term of this loan, the reduction in interest charges amounts to 4.2 million euro. In this context 10 million additional KBC Group shares have been pledged.

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