Belgian KBG group denies rumours of sale of DZI

Belgian KBC Group described as "unfounded rumours” the news about the possible sale of Bulgarian DZI insurance company. Representatives of KBC pointed out in an official message to the Bulgarian media that Bulgaria remains a leading market for the group.

"Normally, we would not respond to such groundless rumours,  but we would like to once again confirm that DZI and CIBank remain our leading companies and Bulgaria is a major market for KBC, as an integral part of the Group’s strategy," state the Belgians. The official opinion of KBC explained that the rumours about the sale of the Bulgarian insurer DZI emerged in the Belgian media after the information had been released in the Bulgarian Pressa newspaper.

"On 27 January, 2012, we provided our explanations on these unfounded rumours to a journalist from Pressa daily and our response was published on January 28, 2012. Unfortunately, а journalist from the Belgian De Standaard newspaper  had not seen the corrective statement in the Bulgarian daily. He will publish our corrective response in tomorrow's issue (on February 2, 2012), "explained officials from KBC.”I hope that now it is perfectly clear that these rumours are completely baseless, and we will appreciate it if you stop circulating or publishing them, as I believe that your readers and shareholders expect to read only true, accurate news, rather than groundless and extravagant rumours" concludes her press release, Viviane Huybreht, General Manager Group Communications/ Spokesperson, KBC Group.

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