Bloomberg News

KBC Hired Goldman, Merrill to ‘Check Asset Values,’ Bardan Says

June 30, 2011

June 30 (Bloomberg) -- KBC Groep NV has hired Goldman Sachs Group Inc. and Merrill Lynch to help it “check the value of assets” as the Belgian financial-services group needs to repay state aid, Maciej Bardan, chief executive officer of Poland’s Kredyt Bank SA, said in an interview with TVN CNBC today.

Bardan declined to say if KBC plans to sell its majority stake in Warsaw-based Kredyt Bank.

To contact the editor responsible for this story: Pawel Kozlowski at pkozlowski@bloomberg.net


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