Total equity of KBC Group 2014-2020
The total equity of KBC Group increased steadily from 2015 to 2020. In 2020, the equity held by Belgium-based bank KBC reached a total of approximately 21.5 billion euros. This is an increase when compared to the number reached in the previous year.
The banking sector in Belgium has two important characteristics. First, banking is deemed an important part of Belgian culture with a relatively high number of bank offices in the country. In 2019, for example, the total number of offices of banks established in Belgium reached 3,200 in the Flanders region. Second, the Belgian banking landscape has the presence of several big non-Belgian banking concerns, notably Dutch bank ING and France-based BNP Paribas. In 2019, BNP Paribas Fortis, BNP Paribas' Belgian daughter, reached a phased-in Common Equity Tier 1 (CET 1) ratio of approximately 15.9 percent.
The banking sector in Belgium has two important characteristics. First, banking is deemed an important part of Belgian culture with a relatively high number of bank offices in the country. In 2019, for example, the total number of offices of banks established in Belgium reached 3,200 in the Flanders region. Second, the Belgian banking landscape has the presence of several big non-Belgian banking concerns, notably Dutch bank ING and France-based BNP Paribas. In 2019, BNP Paribas Fortis, BNP Paribas' Belgian daughter, reached a phased-in Common Equity Tier 1 (CET 1) ratio of approximately 15.9 percent.
