kbc group / bank debt presentation november 20201 kbc group / bank debt presentation november 2020...

1

KBC Group BankDebt presentationNovember 2020

More infomation wwwkbccom

KBC Group - Investor Relations Office ndash E-mail IR4Ukbcbe

2

This presentation is provided for information purposes only It does not constitute an offer to sell or the solicitation to buy anysecurity issued by the KBC Group

KBC believes that this presentation is reliable although some information is condensed and therefore incomplete KBC cannot beheld liable for any loss or damage resulting from the use of the information

This presentation contains non-IFRS information and forward-looking statements with respect to the strategy earnings and capitaltrends of KBC involving numerous assumptions and uncertainties There is a risk that these statements may not be fulfilled andthat future developments differ materially Moreover KBC does not undertake any obligation to update the presentation in linewith new developments

By reading this presentation each investor is deemed to represent that it possesses sufficient expertise to understand the risksinvolved

Important information for investors

3

Market share (end 2019) BE CZ SK HU BG IRL

Loans and deposits

Investment funds

Life insurance

Non-life insurance

GDP growth KBC data Sept lsquo20 Retail segment

2010

2110 910

30 24

7 13 16

8133 3

23

49 108 8

Real GDP growth BE CZ SK HU BG IRL

of Assets

2019

2020e

2021e

4

63

203 3 2

3414 25 24

5549

-80-80-90 -70 -50-62

IRELAND

BELGIUMCZECH REP

SLOVAKIA

HUNGARY

BULGARIA

37m clients507 branches104bn EUR loans137bn EUR dep





14m clients176 branches3bn EUR loans5bn EUR depBelgium

Business Unit

CzechRepublicBusiness Unit

InternationalMarkets Business Unit

6151 5047 50 40

KBC PassportWell-defined core markets

4

KBC Group NV

KBC Bank KBC Insurance

100100

KBC IFIMA

End of April 2019 the opportunity was taken to simplify the shareholdersrsquo structure of KBC AM the shares of KBC AM held by KBC Group NV (48) shifted to KBC Bank All debt obligations of KBC IFIMA are unconditionally and irrevocably guaranteed by KBC Bank

AT 1 Tier 2 Senior

Covered bond No public issuance

MREL

KBC PassportGrouprsquos legal structure and issuer of debt instruments

Retail and Wholesale EMTN

5

Contents

Roughly 40 of KBC shares are owned by a syndicate of coreshareholders providing continuity to pursue long-term strategicgoals Committed shareholders include the CeraKBC AncoraGroup (co-operative investment company) the Belgian farmersrsquoassociation (MRBB) and a group of industrialist families

The free float is held mainly by a large variety of international institutional investors

186

27

KBC Ancora

Cera74

MRBB

115

Other core

599Free float

SHAREHOLDER STRUCTURE AT END 9M201 Strategy and business profile

2 Financial performance

3 Solvency liquidity and funding

4 Covid-19

5 Covered bond programme

6 Green bond framework

7 Looking forward

Appendices

6

KBC Group in a nutshell (1)

We want to be among Europersquos best performing financial institutions By achieving this KBC wants to become the reference in bank-insurance in its core marketsbull We are a leading European financial group with a focus on providing bank-insurance products and services to

retail SME and mid-cap clients in our core countries Belgium Czech Republic Slovakia Hungary Bulgaria andIreland

Diversified and strong business performancehellip geographically

bull Mature markets (BE CZ IRL) versus developing markets (SK HU BG)bull Economies of BE amp 4 CEE-countries highly oriented towards Germany while IRL is more oriented to the UK amp USbull Robust market position in all key markets amp strong trends in loan and deposit growth

hellip and from a business point of viewbull An integrated bank-insurerbull Strongly developed amp tailored AM businessbull Strong value creator with good operational

results through the cyclebull Unique selling proposition in-depth

knowledge of local markets and profound relationships with clients

bull Integrated model creates cost synergies and resultsin a complementary amp optimised product offering

bull Broadening lsquoone-stop shoprsquo offering to our clients

Diversification Synergy

Customer Centricity

53 52

47 48

20192018

KBC Group topline diversification 2018-2019 (in )

Other income Net interest income

7

High profitability

Solid capital positionhellip

FY19

Net result

2489mEUR 14

ROE

58 90

CI ratio Combined ratio

9M20

902mEUR 759 83

CET1 generationbefore any deployment

271 bps

2018

251 bps

2019

Fully loaded Basel 3 CET1 ratio of KBC Group (Danish Compromise)

1045 Overall Capital Requirement

1Q19

157

1Q20

156

9M201H19 1H209M19 FY19

154171 163 166 166

136

NSFR

138

LCR

146 142

hellip and robust liquidity positions

FY199M20


No IFRS interim profit recognition given more stringent ECB approach Taking into account the withdrawal of the final gross dividend over 2019 profit of 25 EUR per share

795 theoretical regulatory minimum

8

bull On 28 July 2020 the European Central Bank extended its recommendation not to pay dividends and not to buy backshares until January 2021 In line with the recent ECB recommendation we cannot execute our usual dividend policyAs a consequence no interim dividend will be paid out in Novrsquo20

bull KBCrsquos CET1 ratio of 166 at end 9M20 represents a solid capital bufferbull 86 capital buffer compared with the current theoretical minimum capital requirement of 795 (as a result of the announced ECB and

National Bank measures which provided significant temporary relief on the minimum capital requirements)bull 61 capital buffer compared with the Overall Capital Requirement (OCR) of 1045 (which still includes the 250 capital conservation

buffer on top of the 795)bull 59 capital buffer compared with the Maximum Distributable Amount (MDA) of 1069 (given small shortfall in AT1 and T2 bucket)

bull Any MampA opportunity will be assessed subject to very strict financial and strategic criteria

We aim to be one of the better capitalised financial institutions in Europe

bull Payout ratio policy (ie dividend + AT1 coupon) of at least 50 of consolidated profitbull Interim dividend of 1 EUR per share in November of each accounting year as an advance on the total dividendbull As we find ourselves in unprecedented circumstances and as the economic impact of the coronavirus

pandemic on the economy is still very uncertain it is too early days to make statements about the capitaldistribution to shareholders as it will also depend on different regulatory measures and the stance the ECBwill take later on this yearbeginning of next year

bull We will announce an update of our capital deployment plan together with the FY20 results

Capital distribution to shareholders (usual policy)


No IFRS interim profit recognition given more stringent ECB approach

9

Personalised solutionsUsing data and AI to offer proactivelycompelling relevant and personalisedfinancial solutions

Customer experienceProviding zero-hassle no-frillscustomer experience leveraging ourunique strengths on data-securityand data-privacy

Straight-through processesThis implies re-design of processesand avoiding to digitise the currentones Aim is E2E digital processes

TrustCapitalising on the trust customersplace in us today

Broad offerEmphasising our broad financial offerand ensuring these solutions are Bigtechproof (pro-active convenient amppersonalised)

Beyond bank-insuranceStaying focused on the financial wellnessof our customers and offer services tobecome embedded in our customerrsquosdaily life

Differently the next level

KBC is the reference The winning factors

10

KBC relies on its own products for Financial Servicesie Closed product architecture

KBC relies on 3rd parties for non-financial servicesKBC acts as gate-keeper in these eco-systems

KBCrsquos products and services are top-notchof high standards simple and easy to use (zero-hassle)

Requires investments in E2E processesThese processes need to be digital first

Continuouslyimproving the customer journey bymatching identifiedcustomer needs withhigh-end personalisedproduct amp services that solve these needs

Products and services are top-notch


11

your digital assistant

The interaction between the customer and Kate will be triggered by data analysis (approval

granted by customer) Kate will be trained on the basis of the customerrsquos

profile preferences and activities

PERSONALISED amp DATA DRIVEN

Kate will only propose offers where sufficient added value is shown or when she can serve the

client in an important moment in the clients live

RELEVANT amp VALUABLE OFFER

Lead journeys driven by time or location are preferably taken care of by Kate as

notifications linked to a specific location or specifying moment in time are perceived as

highly personal

AT THE RIGHT TIME

We will offer the client a frictionless End2End digital process and in doing so

make bankinsurance simple and hassle free

DIGITAL FIRST amp E2E

Kate will help the client saving time andor money focusing more on the convenience

factor Kate will also serve the client regarding security and fraud

SERVING SECURE amp FRICTIONLESS

We want all our clients to meet Kate as much as possible Kate will allow us to reach out to a

sufficient volume of clients in terms of transactions and in terms of number of

targetable audience

VOLUME

lsquoNo hassle no friction zero

delayrsquo Johan Thijs

Hyper personalised and trusted financial digital assistant

12

+

+

The strong basis remains


13

Bank-insurance+


14

CORPORATE FINANCE

Strategy remains focused on our 6 core countries where we continue

to look for bolt-on acquisitions

Developing a FinTech network next to partnerships FinTechs can be acquired in order to support the implementation of our strategy by addressing our current white spots

Additionally we reviewed the focus of KBC Securities and are developing an

advisory services franchise adapted to our midcap corporate banking client

base in our core countries whilst allowing a limited expansion as well in our neighboring countries leveraging

on international networks


Geographical playing field

FINTECHCORE COUNTRIES

15

RetailSME vs SMEcorporate same approach ndash different speeds

SMECorporate

RetailSME

PHYGITALDIGITAL

Trusted partner for financial andlsquostrategically adjacentrsquo services

The human factor remainsparamount throughaccountmanagers with data andtechnology acting as prime levers

a strong regional advisory services franchise

Strategic adjacent services ensurea complete integrated Bank-Insurance + customer journey andoffer

Trusted partner for financial and related services (Bank-Insurance+)

Intelligent digital assistant lsquoKATErsquo that pro-actively takes the hassle to fulfill financial needs away from the client

We offer convenience bysimplifying daily activities

KBC relies on its own solutionsfor financial services For non-financial related services we rely on 3rd parties


16

Top Management

Priority

Centrallysteered ndash

Group wide

Built in Culture not

bolt on

Embraceinnovation

andtechnology

Compliance Future proofand scalable

Strict client acceptance(KYC) and

transaction monitoring

(KYT) processes

bull Responsible behavior top priority of CEObull Periodic reporting to highest management

levels

bull Increased focus on monitoring and constant quality control

bull First layer of defence is network

bull Advanced data driven detectionbull Advanced monitoring tools using AI

engine (algorithmic self-learning model)bull Rule-based trend-based

bull Compliance groupwide function with clear governance structure

bull Identical building blocks in different countries

bull International cooperation supported by Expertise Board

bull Constantly improving awareness and culturebull Constantly updated rules and policiesbull Career long training and e-learning more general or

dedicated to client facing staffbull Clear guidelines with regards to atypical transactions

bull Part of the integration process in MampAbull Very limited Ndeg of non-resident clientsbull Regular updates of client information

(supported by Big Data and AI)bull Behavioural analysis + use of scenario

tools

Taking AML to the next level


17

From key priorities to operational targets

KEY PRIORITIE

S

No hassle no frills zero-delay customer experience

Proactive personalizedfinancial solutions via DATA

and AI

Re-design amp automation of all processes

Bank-insurance+

Digital lead management from data driven to solution

driven

Group-wide collaboration

Maximizecustomer

experience

Go forDigital first

Furtherenhance

bank-insurance

Outperformon

operationalefficiency

DATA DRIVEN

CUSTOMER NPS RANKING

STPSCORE

BANK-INSURANCE CUSTOMERS

DIGITAL SALES

Differently the next levelTranslating strategy into non-financial targets

18

Introducing 4 new operational targets (1)

Target is to remain the reference (top-2 score on group level) Based on weighted avg of ranking in six core countries

ge85 of active customers to be BI customers ge27 of active customers to be stable BI customers

BI customers have at least 1 bank + 1 insurance product of our group Stable BI customers at least 2 bank + 2 insurance products (Belgium 3+3)

Top-2 Top-2

current target 23

Customer NPS ranking

77 85

22 27

current BI target 23 currentstable BI

target 23

bank-insurance (BI) clients


19


STP ge60 and STP potential ge80The STP-ratio measures how many of the services that can be offered digitally are processed without any human intervention and this from the moment of interaction by a client until the final approval by KBC

STP potential measures what the STP-ratio would be if KBC would only have the digital channel in its interaction with clients for a given process or product

Digital sales ge40 of bank sales Digital sales ge25 of insurance sales

Based on weighed avg of selected core products

2260

3880

currentSTP

target 23 currentSTP

potential

target 23

STP score(straight through processing)

3140

1425

currentbank

target 23 currentinsurance

target 23

digital sales (bank insurance)

Based on analysis of core commercial products


20

Our sustainability strategyThe cornerstones of our sustainability strategy and our commitment to the United Nations Sustainable Development Goals

Incr

easi

ng o

ur

posi

tive

impa

ct

We are focusing on areas in which we as a bank-insurer cancreate added value financial literacy entrepreneurshipenvironmental awareness and demographic ageing andorhealth In doing so we take into account the local context ofour different home markets Furthermore we also supportsocial projects that are closely aligned with our policy

Lim

iting

our

ad

vers

e im

pact We apply strict sustainability rules to our business activities

in respect of human rights the environment business ethicsand sensitive or controversial social themes In the light ofconstantly changing societal expectations and concerns wereview and update our sustainability policies at least everytwo years

Resp

onsi

ble

beha

viou

r Responsible behaviour is especially relevant for a bank-insurer when it comes to appropriate advice and salesTherefore we pay particular attention to training (includingtesting) and awareness For that reason responsiblebehaviour is also a theme at the KBC University our seniormanagement training programme in which the theory istaught and practised using concrete situations Seniormanagers are then tasked with disseminating it throughoutthe organisation

21

bull The Group Executive Committee reports to the BOARD OF DIRECTORSon the sustainability strategy including policy on climate change

bull The INTERNAL SUSTAINABILITY BOARD (ISB) is chaired bythe Group CEO and comprises senior managers from all business unitsand core countries the Group CFO (as chairman of Sustainable FinanceSteering Committee) and the Corporate SustainabilityGeneral Manager The ISB has group-wide decision rights on allsustainability-related issues (including our climate approach) and is themain platform for driving sustainability at group level It debates andtakes decisions on any sustainability-related matter both at a strategiclevel and in more operational terms

bull The CORPORATE SUSTAINABILITY DIVISION is headed by the CorporateSustainability General Manager and reports directly to the Group CEOThe team is responsible for developing the sustainability strategy andimplementing it across the group The team monitors and informs theExecutive Committee and the Board of Directors on progress twice ayear via the KBC Sustainability Dashboard

bull A SUSTAINABLE FINANCE PROGRAMME to focus on integrating the climate approachwithin the group It oversees and supports the business as it develops its climate-resilience in line with the TCFD recommendations and the EU Action Plan

bull The programme is overseen by a SUSTAINABLE FINANCE STEERING COMMITTEEchaired by the Group CFO Via the KBC Sustainability Dashboard progress isdiscussed regularly within the Internal Sustainability Board the Executive Committeeand the Board of Directors The latter is used to evaluate the programmersquos statusreport once a year

bull In addition to our internal organisation we have set upEXTERNAL ADVISORY BOARDS to advise KBC on variousaspects of sustainability They consist of experts from theacademic world

bull An EXTERNAL SUSTAINABILITY BOARD advises theCorporate Sustainability Division on KBC sustainabilitypolicies and strategy

bull An SRI ADVISORY BOARD acts as an independent body forthe SRI funds and oversees screening of the sociallyresponsible character of the SRI funds offered by KBCAsset Management

External Sustainability Board amp SRI Advisory Board

Country Coordinator Corporate Sustainability

Sustainable finance Program

Board of Directors

Executive Committee

Senior Representatives from Finance and Risk functions

together with Sustainability Experts

KBC Group Corporate Sustainability team

Our sustainability strategySustainability embedded in our organisation

Internal Sustainability Board

22

Our ESG ratings

Latest Score(11 Nov 2020)

CDP A- Leadership

FTSE4Good 465

ISS Oekom C Prime

MSCI AAA

Sustainalytics Low Risk 4th percentile of 385 diversified banks (Nov 42020)

SampP Global -RobecoSAM

72100

Vigeo Eiris Not publicly available

Our sustainability strategyWe substantially raise the bar for our climate-related ambitions

More than doubling of SRI funds by lsquo25 SRI funds ge 50 of new fund production by lsquo21

Target raised from 50 to 65 by lsquo30

Target raised from 90 to 100 by lsquo30 Target reduction of own emissions raised from 65 to 80 by lsquo30

KBC will achieve full climate neutrality as of the end of 2021 by offsetting the balance

7 9 12 14

30

2017 20192018 targetrsquo251H20 targetrsquo302018

57

20192017 1H20

41 4457

65

Volume of SRI Funds(In billions of EUR)

Renewable energy loans(In of total energy-sector loan portfolio)

252

8634 36 26

2016 1H202017

0

2018 2019 2021

Direct coal-related finance(In millions of EUR)

Proven track record in building down direct coal exposure

Firm commitment to exit coal supporting existing clients in their transition

Green electricity(In of own electricity consumption)

78

1H20 targetrsquo30

100

2017 2018

83

2019

74 83

Reduction own GHG emissions(In compared to 2015)

50

2019 targetrsquo30

29

2017 2018

38

80

Full Exit

23

Our sustainability strategyLatest achievements

2019 achievementsbull We signed the Collective Commitment to Climate Action an

initiative of the UNEP FI (Sep 2019)bull The entire range of KBC sustainable funds is fully compliant with the

Febelfin quality standard for sustainable investment bull KBC signed the Tobacco-Free Finance Pledge drawn up by the

international organisation Tobacco Free Portfoliosbull KBC signed the lsquoOpen letter to index providers on controversial

weapons exclusionsrsquo ndash an investor initiative coordinated by Swiss Sustainable Finance

bull We continued to build on lsquoTeam Bluersquo ndash a group-wide initiative at KBC to strengthen ties and promote cooperation among all the grouprsquos staff in the different countries in which KBC operates

Sustainable finance(KBC Group in millions of euros)

2019 2018

Green finance

Renewable energy and biofuel sector 1 768 1 235

Social finance

Health care sector 5 783 5 621

Education sector 975 943

Socially Responsible Investments

SRI funds under distribution 12 016 8 970

Total 20 542 16 769

For the latest sustainability report we refer to the KBCCOM websitehttpswwwkbccomencorporate-sustainabilityreportinghtml

2020 achievementsbull Update of the KBC energy policy and implementation of biodiversity

policybull Asset management joins the Climate Action 100+bull KBC CBC and the European Investment Bank (EIB) together make

300m EUR available to Belgian SMEs for sustainable loan (focus on climate and agriculture lending)

bull Solar panels on roof KBC building (BE)

24

bull The first results of the pilot indicate that KBC appears to be less exposed to industrial groups active in the 7 high-carbon sectors (fossil fuels power automotive shipping aviation cement and steel) compared to the 16 other PACTA pilot banks

bull KBC is involved in a project to further develop the methodology used within the UNEP FI programme The goal of which is to identify the physical risks arising from certain climate scenarios for the most significantly affected sectors in our loan portfolio We have begun the analysis of physical risks for mortgage loans in Flanders and transition risks for the metals sector

Pilots

bull In 2019 we began to pilot the PCAF methodology to calculate the carbon footprint of the portfolios car lease car loans mortgage loans for residential real estate and commercial real estate

We have launched 3 pilot projects (PACTA PCAF and UNEP FI) working on a series of tools and methodologies (1) to enhance our ability to identify and to translate climate-related risks and opportunities in our strategy(2) quantify the indirect impact of our most carbon-intensive sectors and business lines

Our sustainability strategyPreparing for a science-based approach

25

Contents

BREAKDOWN OF ALLOCATED CAPITAL BY BUSINESS UNIT AS AT

30 SEPTEMBER 2020

1 Strategy and business profile



4 Covid-19



7 Looking forward

Appendices

63

15

21

Belgium

Group Centre

Czech Republic

International Markets

2

26

Commercial bank-insurance franchises in coremarkets performed well

Customer loans and customer deposits increasedy-o-y in most of our core countries

Higher net interest income and lower net interestmargin

Slightly higher net fee and commission income

Lower net gains from financial instruments at fairvalue and lower net other income

Excellent result of non-life insurance and excellentsales of life insurance y-o-y

Strict cost management

Sharply lower net impairments on loans

Solid solvency and liquidityComparisons against the previous quarter unless otherwise stated

3Q 2020 key takeaways

Excellent net result of 697m EUR in 3Q20

ROE 7 (15 in 3Q20) Cost-income ratio 59 (adjusted for specific items)

Combined ratio 83 Credit cost ratio 061 (017 without

collective Covid-19 impairments) Common equity ratio 166 (B3 DC fully loaded)

Leverage ratio 59 (fully loaded)

NSFR 146 amp LCR 142

9M203Q20 financial performance

Net result

when evenly spreading the bank tax throughout the year 784m EUR collective Covid-19 impairments in 9M20 of which 637m EUR management overlay and 147m EUR impairments captured by the ECL models through the updated IFRS 9 macroeconomic variables

430

745612

702

-5

210

697

1Q19 2Q19 3Q19 2Q201Q204Q19 3Q20

27

Net result at KBC Group

Difference between net result at KBC Group and the sum of the banking and insurancecontribution is accounted for by the holding-companygroup items

CONTRIBUTION OF BANKING ACTIVITIES TO KBC GROUP NET RESULT

430

745

612702

-5

210

697

1Q201Q19 3Q192Q19 3Q204Q19 2Q20

NET RESULT AT KBC GROUP334

618

514586

-11

42

546

2Q201Q19 3Q203Q192Q19 1Q204Q19

68 83 79 7936

85 73

3361 66

94119 134

-20 -46 -30 -31 -50

157

-4

1Q19 2Q19 4Q193Q19

-13-20

1Q20

173

2Q20 3Q20

96

124 99143

3

CONTRIBUTION OF INSURANCE ACTIVITIES TO KBC GROUP NET RESULT

Amounts in m EUR

Non-Life result

Life result

Non-technical amp taxes

28

Higher net interest income and lower net interest margin

Net interest income (1122m EUR)bull Increased by 4 q-o-q and decreased by 4 y-o-ybull The q-o-q increase was driven primarily by

o the positive impact of TLTRO3 (+26m EUR q-o-q)o a positive one-off item (+26m EUR NII insurance)o higher margin on new production mortgages than the margin on the

outstanding portfolio in Belgium the Czech Republic and Slovakiao higher netted positive impact of ALM FX swapspartly offset byo the further negative impact of the CNB rate cuts (as the last CNB rate cut

from 100 to 025 happened early May 2020)o lower reinvestment yields

bull The y-o-y decrease was mainly the result of the CNB rate cuts thedepreciation of the CZK amp HUF and the negative impact of lowerreinvestment yields

Net interest margin (181)bull Decreased by 1 bp q-o-q and by 13 bps y-o-y due mainly to the CNB

rate cuts the negative impact of lower reinvestment yields and anincrease of the interest-bearing assets (denominator)

NIM

NII

992 971 977

117 114 15

2Q20

118 111124 1

114

1006

1195

2Q19

14

-1

1182

10661044

1

3Q19

112212

1057

4Q19

17

1Q19

1129

1Q20

166106

-1

131

3Q20

1132 11741083

3Q191Q19

181

2Q19 2Q204Q19 1Q20

194198

3Q20

194 194 197

182

Amounts in m EUR

NII - netted positive impact of ALM FX swapsNII - Holding-companygroup

NII - InsuranceNII - Banking

From all ALM FX swap desks NIM is calculated excluding the dealing room and the net positive impact of ALM FX swaps amp repos

Non-annualised Loans to customers excluding reverse repos (and bonds) Growth figures are excluding FX consolidation adjustments reclassifications and collective Covid-19 ECL Customer deposits including debt certificates but excluding repos Customer deposit volumes excluding debt certificates amp repos +1 q-o-q and +9 y-o-y

ORGANIC VOLUME TREND Total loans ow retail mortgages Customer deposits AuM Life reserves

Volume 158bn 69bn 212bn 204bn 27bn

Growth q-o-q +1 +2 +1 +1 0

Growth y-o-y +4 +6 +4 -4 -3

29


Amounts in bn EUR

AuM

210 210 212 216

193202 204

4Q191Q19 3Q202Q203Q192Q19 1Q20

264 270 275 279 270 237 245

219 230 237 243 229219 218

-73 -65 -68 -77 -71 -68 -73

3Q201Q19

410

2Q19 3Q19 4Q19 2Q201Q20

435 444 445 429388 390

Distribution Banking services Asset management services

Amounts in m EUR Net fee and commission income (390m EUR)bull Up by 1 q-o-q and down by 12 y-o-ybull Q-o-q increase was the result of the following

o Net FampC income from Asset Management Services increased by4 q-o-q as a result of higher management fees partly offset bylower entry fees from unit-linked life insurance products

o Net FampC income from banking services roughly stabilised q-o-qas higher fees from payment services and higher networkincome was offset by lower securities-related fees (after twoexceptionally strong quarters)

o Distribution costs rose by 8 q-o-q due chiefly to highercommissions paid linked to increased non-life insurance sales

bull Y-o-y decrease was mainly the result of the followingo Net FampC income from Asset Management Services fell by 11

y-o-y as a result of lower management fees and entry feeso Net FampC income from banking services decreased by 8 y-o-y

(-6 y-o-y excluding FX effect) driven mainly by lower fees frompayment services (partly due to less transaction volumes as aresult of Covid-19 partly due to the SEPA regulation) and lowerfees from credit files amp bank guarantees partly offset by highersecurities-related fees

o Distribution costs rose by 7 y-o-y due chiefly to highercommissions paid linked to banking products and increasednon-life insurance sales

Assets under management (204bn EUR)bull Increased by 1 q-o-q due mainly to a positive price effect (+1)

next to limited net inflows in mutual fund businessbull Decreased by 4 y-o-y due mainly to a negative price

effect

FampC

30

Insurance premium income (gross earned premiums) at 715m EURbull Non-life premium income (448m EUR) increased by

2 y-o-ybull Life premium income (267m EUR) down by 3 q-o-q

and by 8 y-o-y

The non-life combined ratio for 9M20amounted to an excellent 83 This is theresult of 4 y-o-y premium growth combinedwith 13 y-o-y lower technical charges in9M20 The latter was due mainly to lowernormal claims in 9M20 (especially in Motordue to Covid-19) and a negative one-off in9M19 (-16m due to reassessment on claimsprovisions) However note that 9M20 wasimpacted by a higher negative cededreinsurance result compared with 9M19

Non-life premium income up y-o-y and excellent combined ratio

COMBINED RATIO (NON-LIFE)

PREMIUM INCOME (GROSS EARNED PREMIUMS)

9093 92

1Q 1H 9M

83

FY

9283

90

2019 2020

415 425 440 441 443 435 448

351 317 291 364 297 276 267

805740

1Q19 2Q19 3Q19 4Q19 3Q201Q20 2Q20

766 742 731 712 715

Life premium income Non-Life premium income

Amounts in m EUR

31

Non-life and life sales up y-o-y

Sales of non-life insurance productsbull Up by only 1 y-o-y due to negative impact of Covid-19

on renewals of existing business (mainly lsquoWorkmenrsquoscompensationrsquo and lsquoGeneral third-party liabilityrsquo)

Sales of life insurance productsbull Decreased by 25 q-o-q but increased by 4 y-o-ybull The q-o-q decrease was driven by both lower sales of

unit-linked products and guaranteed interest products inBelgium

bull The y-o-y increase was driven entirely by higher sales ofunit-linked products in Belgium (due to a shift frommutual funds to unit-linked products by Private Bankingclients) only partly offset by lower sales of guaranteedinterest products (due mainly to the suspension ofuniversal single life insurance products in Belgium)

bull Sales of unit-linked products accounted for 49 of totallife insurance sales in 3Q20

LIFE SALES

NON-LIFE SALES (GROSS WRITTEN PREMIUM)

214 198 161 160 177327

205

302 261242 311 249

235

214

4Q19 2Q201Q19 3Q202Q19 3Q19 1Q20

516459

403471

427

561

420

Guaranteed interest products Unit-linked products

534

412 411 400

567

415 416

1Q204Q192Q191Q19 2Q203Q19 3Q20

Amounts in m EUR

32

Lower FIFV and net other income

The q-o-q decline in net gains from financialinstruments at fair value was attributable mainlyto the exceptional rebound in 2Q20bull a negative change in market credit and funding value

adjustments although still a positive number (mainly asa result of changes in the underlying market value of thederivatives portfolio due to decreasing counterpartycredit spreads amp KBC funding spread partly offset bylower long-term interest rates)o FVA 24m EUR (-49m EUR q-o-q)o CVA 30m EUR (+3m EUR q-o-q)o MVA 2m EUR (+1m EUR q-o-q)

bull lower dealing room income after an excellent 2Q20result

bull a lower net result on equity instruments (insurance)

Net other income amounted to 37m EUR belowthe normal run rate of around 50m EUR perquarter due to among other things an additionalimpact of the tracker mortgage review in Ireland of-6m EUR (of which -4m related to the trackermortgage fine)

FIFV

Amounts in m EUR

-186

10062 48

-59

126

-82

-2

1Q19

-3

8

-8

4Q19

-2219

-37 -25-1

130

17

85

3Q203Q19

44

29 1028-58

1Q20

-3

2Q20

11 3155

2Q19

13

19

-2-46

-385

253

99

59

133

43 47 50 5337

4Q191Q19 2Q19 3Q19 3Q202Q201Q20

NET OTHER INCOME

Dealing room amp other incomeMVACVAFVA Net result on equity instruments (overlay insurance)

M2M ALM derivatives

33


Operating expenses excluding bank taxesdecreased by 37 y-o-y in 9M20 roughly in linewith our FY20 guidance of -35 y-o-y due chieflyto the announced cost savings related to Covid-19

Operating expenses excluding bank taxesincreased by 3 q-o-q primarily as a result of

o higher staff expenses (largely due to reducedaccrued variable remuneration in 2Q20 and wageinflation in most countries despite less FTEs)

o seasonally higher marketing costs higher facilitiesand depreciation amp amortisation costs

partly offset byo seasonally lower ICT costs and professional fees

Costincome ratio (banking) adjusted for specificitems at 58 in 3Q20 and 59 YTD (58 inFY19) Costincome ratio (banking) 52 in 3Q20and 61 YTD both distorted by bank taxes andthe latter by lower FIFV

Total bank taxes (including ESRF contribution) areexpected to increase by 3 y-o-y to 504m EUR inFY20

OPERATING EXPENSES

913 957 947 994 931 877 905

382 407

1338

3Q19

2130

1Q19 2Q19 4Q19

28 51

1Q20

27

2Q20

904

3Q20

1296

988 975 1045926

Bank tax Operating expenses

See glossary (slide 87) for the exact definitionAmounts in m EUR

TOTAL Upfront Spread out over the year

3Q20 1Q20 2Q20 3Q20 1Q20 2Q20 3Q20 4Q20e

BE BU 0 289 2 0 0 0 0 0

CZ BU 0 40 0 0 0 0 0 0

Hungary 20 25 1 0 20 18 20 24

Slovakia 0 3 0 0 8 8 0 0

Bulgaria 0 17 -1 0 0 0 0 0

Ireland 1 4 -1 0 1 1 1 26

GC 0 0 0 0 0 0 0 0

TOTAL 21 377 0 0 29 27 21 50

EXPECTED BANK TAX SPREAD IN 2020

Amounts in m EUR

34

Sharply lower asset impairments

Sharply lower asset impairments q-o-qbull The q-o-q decrease of loan loss provisions was attributable

mainly too 746m EUR collective Covid-19 impairments booked in 2Q20

of which 5m was reversed in 3Q20 (small impact fromupdated IFRS 9 macroeconomic variables and managementoverlay)

o lower loan loss impairments in Belgium and the CzechRepublic (2Q20 was impacted by several corporate files inboth countries)

bull Impairment of 11m EUR on lsquootherrsquo due to several small items(of which 4m EUR ndash the largest amount ndash as the result of animpairment on a lease contract related to a HQ building inHungary)

The credit cost ratio in 9M20 amounted tobull 17 bps (12 bps in FY19) without collective Covid-19 ECLbull 61 bps with collective Covid-19 ECL

The impaired loans ratio improved to 32 18 ofwhich over 90 days past due

ASSET IMPAIRMENT

67 75 78 9957

4369

26

3Q19

41

1Q19 3Q20

36

2Q19

63

1

1Q20

25

7

20

4Q19

12

141 746

2Q20

11

-5

40

82

857

IMPAIRED LOANS RATIO

32

19

4Q19

2124

1Q19 3Q192Q19

20 19

1Q20

37

19

2Q20

18

3Q20

43

35 35 3433

CREDIT COST RATIO

FY18FY14 FY15 FY19 9M20FY16

017

023

FY17

042

009

-006 -004

012

061

of which over 90 days past dueImpaired loans ratio

Other impairments

Collective Covid-19 ECL

Impairments on financial assets at AC and FVOCI

Amounts in m EUR

CCR with collective Covid-19 ECL CCR without collective Covid-19 ECL

35

Loan loss experience at KBC

9M20CREDIT COST

RATIO

FY19CREDIT COST

RATIO

FY18CREDIT COST

RATIO

FY17CREDIT COST

RATIO

FY16CREDIT COST

RATIO

AVERAGE lsquo99 ndashrsquo19

Belgium 059 022 009 009 012 na

Czech Republic 064 004 003 002 011 na

International Markets 079 -007 -046 -074 -016 na

Group Centre -027 -088 -083 040 067 na

Total 061 012 -004 -006 009 042

Credit cost ratio amount of losses incurred on troubled loans as a of total average outstanding loan portfolio

36

Impaired loans ratios of which over 90 days past due

INTERNATIONAL MARKETS BUCZECH REPUBLIC BU

21

1Q19 2Q19

20

4Q19 3Q20

1819

2Q201Q20

19

43

19

3Q19

37 35 35 33 34 32

24

Impaired loans ratioOf which over 90 days past due

2Q19 3Q19

11

1Q20

12

2Q20

11

3Q20

13

1Q19 4Q19

23

131415

24 2523 22 22 21

49

1Q20

48 45

3Q19

85

5176

4Q191Q19 2Q20

58

2Q19

91

53

118

98

82 78 72

3Q20

BELGIUM BU

11

2222

12

2Q20

12

3Q20

11

1Q20

24

12

1Q19 3Q19

11

26

2Q19

11

4Q19

23 23 24

KBC GROUP

37

Cover ratios


BELGIUM BUKBC GROUP

453

3Q191Q19

422

2Q19 2Q204Q19 1Q20 3Q20

656599

420

604 603

420 434

604

448

624

452

617

Impaired loans cover ratio

Cover ratio for loans with over 90 days past due

1Q20 3Q20

472

2Q20

660

2Q191Q19

690

3Q19 4Q19

474 475

639

481

655 655

472

669

472 492

661

421 449

1Q19 2Q19 1Q203Q19 2Q204Q19 3Q20

644

430

625

423454

642

417

634 626659

464

654

4Q191Q19 3Q201Q20 2Q202Q19 3Q19

430

607

327 352

481

321

464

327

470

324

470 487

340

465

38

NET PROFIT ndash BELGIUM NET PROFIT ndash CZECH REPUBLIC

993 932605

439335

361412

1575

2016

1432

2019

1240

2017

1450

1089

2018 2020

1344

9M20 ROAC 12

Amounts in m EUR

465 534 484584 281

131168 170

205

2018

702

2016

596

2017 2019 2020

654

789

9M20 ROAC 22NET PROFIT ndash INTERNATIONAL MARKETS

289370 440

260 113

13974

93

119

20192016

533

2017 2018

444

2020

428379

9M20 ROAC 7

Overview of contribution of business units to 9M20 result

4Q 9M 4Q 9M 4Q 9M

NET PROFIT ndash KBC GROUP

902

685462 621 702

2016

1742 19482113

2017

1787

2018 2019 2020

2427 2575 2570 2489

9M20 ROAC 11

4Q 9M

39

Balance sheet KBC Group consolidated at the end of September 2020

76

67

158

146

Total assets (EUR 321bn)

Other (incl interbank loans reverse repos property amp equipment etc)

Insurance investment contracts

Loan book (loans and advances to customers)

Investment portfolio (equity and debt securties)

Trading assets

51

2621

185

12197

Total liabilities and equity (EUR 321bn)

Deposits from customers

Technical provisions before reinsurance NL and L

Other (incl interbank deposits)

Equity (including AT1)

Other MREL instruments and debt certificates

Liabilities under insurance investment contracts

Trading liabilities

Credit quality Capital adequacy ampliquidity position

40

Y-O-Y ORGANIC VOLUME GROWTH

4

BE

Volume growth excluding FX effects divestmentsacquisitions and collective Covid-19 ECL Loans to customers excluding reverse repos (and bonds) Customer deposits including debt certificates but excluding repos Total customer loans in Bulgaria new bank portfolio +16 y-o-y while legacy -28 y-o-y

Loans DepositsRetail mortgages

35

2

8

Loans Retail mortgages

6

Deposits

2

Retail mortgages

Loans Deposits

121214

DepositsLoans Retail mortgages

6

1011

DepositsLoans

22

Retail mortgages

17

8


22

-5

6

4


Deposits

4

Balance sheetLoans and deposits continue to grow in all countries

CR

41

Sectorial breakdown of outstanding loan portfolio (1)(179bn EUR) of KBC Bank Consolidated

11

7

14

6

8443

3

42

Services

Automotive

Distribution

Rest

Building amp construction

Real estate

Finance amp insurance

AuthoritiesAgriculture farming fishing

Private Persons

Chemicals

16

17

45

Other sectors

Electricity

Food producers

14

14

Metals

10Machinery amp heavy equipment

07

Shipping 07

Hotels bars amp restaurants

05

Oil gas amp other fuels

It includes all payment credit guarantee credit (except for confirmations of letters of credit and similar exportimport related commercial credit) standby credit and credit derivatives granted by KBC to private persons companies governments and banks Bonds held in the investment portfolio are included if they are corporate or bank issued hence government bonds and trading book exposure are not included Outstanding amount includes all on-balance sheet commitments and off-balance sheet guarantees

42

Geographical breakdown of the outstanding loan portfolio (2)(179bn EUR) of KBC Bank Consolidated

541

Belgium

Ireland

163

2132

Other CEE

Czech Rep

Slovakia

58

50

Hungary

Bulgaria87

Other W-Eur 0315

North America

14

Asia

16Rest


43

Government bond portfolio ndash Notional value

Notional investment of 497bn EUR in government bonds (excl trading book) at end of 9M20 primarily as aresult of a significant excess liquidity position and the reinvestment of insurance reserves in fixed-incomeinstruments

Notional value of GIIPS exposure amounted to 55bn EUR at the end of 9M20

27

18

67

12

9

4

Bulgaria3

Belgium

Czech Rep

Slovakia3

PolandHungary

3Italy

France

Other

SpainGermany

Austria Netherlands

IrelandPortugal

END OF 9M20(Notional value of 497bn EUR)

() 1 () 2

29

14

366

4

13

10

5

France

Belgium

Poland

Czech Rep

Spain

Italy

Hungary

3

SlovakiaBulgaria

Other

Germany Austria

Netherlands IrelandPortugal

END OF FY19(Notional value of 461bn EUR)

() 1 () 2

44

Contents




4 Covid-19



7 Looking forward

Appendices

45

No IFRS interim profit recognition given the more stringent ECB approach Taking into account the withdrawal of the final gross dividend over 2019 profit of 25 EUR per share The impact of transitional was limited to 2 bps at the end of 9M20 as there was no profit reservation At year-end2020 the impact of the application of the transitional measures is expected to result in a positive impact on CET1 of56 bps compared to fully loaded

Strong capital position (1)Fully loaded Basel 3 CET1 ratio at KBC Group (Danish Compromise)

1045 OCR

FY19

163

9M191H19

166

1Q19 1Q20 1H20

166157

9M20

156 154

171

The fully loaded common equity ratiostabilised q-o-q at 166 at the end of 9M20based on the Danish Compromise despite1bn EUR RWA add-ons for anticipated PDmigrations

KBCrsquos CET1 ratio of 166 at the end of9M20 represents a solid capital bufferbull 86 capital buffer compared with the current

theoretical minimum capital requirement of795 (as a result of the announced ECB andNational Bank measures which providedsignificant temporary relief on the minimumcapital requirements)

bull 61 capital buffer compared with the OverallCapital Requirement (OCR) of 1045 (which stillincludes the 250 capital conservation buffer ontop of the 795)

bull 59 capital buffer compared with theMaximum Distributable Amount (MDA) of1069 (given small shortfall in AT1 and T2bucket)

The difference between fully loaded CET1ratio and the IFRS9 transitional CET1 ratioonly amounted to 2 bps in 3Q20


1069 MDA

Total distributable items (under Belgian GAAP) KBC Group 106bn EUR at 9M 2020 of whichbull available reserves 949mbull accumulated profits 8 192m

46

Strong capital position (2)

Fully loaded Basel 3 total capital ratio (Danish Compromise)

157 CET1

18921 T2

16 AT1

1Q19 1H19

21 T2

156 CET1 166 CET1

16 AT1 15 AT1

1Q209M19

154 CET 1

19 T2

15 AT1

206

20 T2

171 CET1

FY19

19 T2192

15 AT1

163 CET1

18 T2

15 AT115 AT1

1H20

18 T2

9M20

193 197 198 198

166 CET1

The fully loaded total capital ratiostabilised q-o-q at 198 at the end of9M20


47

Fully loaded Basel 3 leverage ratio and Solvency II ratio

55

1Q19 1H19 9M19 FY19 1Q20

52

1H20 9M20

51 50 52 48 48

Fully loaded Basel 3 leverage ratio at KBC BankFully loaded Basel 3 leverage ratio at KBC Group

1H191Q19

65

9M19 FY19

60

9M201H201Q20

61 6068

60 59

Solvency II ratio

1H20 9M20

Solvency II ratio 198 196

The q-o-q delta in the Solvency II ratio was mainlydriven by a lower compensating effect of the volatilityadjustment

No IFRS interim profit recognition given more stringent ECB approach Taking into account the withdrawal of the final gross dividend over

2019 profit of 25 EUR per share

No IFRS interim profit recognition given more stringent ECB approach Taking into account the adjustment of the final dividend over 2019

48

Strong customer funding base with liquidity ratiosremaining very strong

KBC Bank continues to have a strong retailmid-cap deposit base in its core markets ndash resulting in a stable funding mix with a significant portion of the fundingattracted from core customer segments and markets

KBC Bank participated to the TLTRO III transaction for an amount of 195bn EUR in June (bringing the total TLTRO exposure to 219bn EUR) which significantlyincreased its funding mix proportion and is reflected in the lsquoInterbank Fundingrsquo item below

69 customer

driven

Net Stable Funding Ratio (NSFR) is based on KBC Bankrsquos interpretation of the proposal of CRR amendment Liquidity Coverage ratio (LCR) is based on the Delegated Act requirements From EOY2017 onwards KBCBank discloses 12 months average LCR in accordance to EBA guidelines on LCR disclosure

Ratios FY19 9M20 Regulatory requirement

NSFR 136 146 ge100

LCR 138 142 ge100

NSFR is at 146 and LCR is at 142 by the end of 9M20bull Both ratios were well above the regulatory requirement of 100 due

to a strong growth in customer funding and the participation toTLTRO III

9

6969

9

73

2

63

8

719

10

2

71

FY13

18

13

93

FY18

7

FY14

18

68

86

7

11

3

71

FY15

10

FY19

48

FY16

8

62

48

9

63

1

FY17

8 8

72

7

82

9M20

Interbank FundingSecured Funding

Total Equity

Debt issues placed at institutional relationsCertificates of depositFunding from Customers

Government and PSE

Mid-cap

Retail and SME

5

19

76

133 766 139 560 143 690 155 774 163 824 176 045 189 453

FY14 FY15 FY16 FY17 FY18 FY19 3Q20

Funding from customers (m EUR) of KBC Banking Group

49

Upcoming mid-term funding maturities

In December 2019 KBC Bank NV decided to early repay theremaining part of the TLTRO II (ie 2545bn EUR) and entered intothe TLTRO III for 25bn EUR

In May 2020 KBC Bank issued a covered bond for an amount of1bn EUR with a 55-year maturity

In June 2020 KBC Group issued its second Green seniorbenchmark for an amount of 500m EUR with a 7-year maturitywith call date after 6 years

In June 2020 KBC Bank participated in TLTRO III for an amount of195bn EUR which brings the total TLTRO exposure to 219bn EURmaturing in 2023

In September 2020 KBC Group issued a senior benchmark for anamount of 750m EUR with a 6-year maturity with call date after 5years

KBC Bank has 6 solid sources of long-term fundingbull Retail term depositsbull Retail EMTNbull Public benchmark transactionsbull Covered bondsbull Structured notes and covered bonds using the private

placement formatbull Senior unsecured T1 and T2 capital instruments issued at KBC

Group level and down-streamed to KBC Bank

38

2816

36

01

06

16

09 0908

0503 03

0

1000

2000

3000

4000

5000

6000

7000

2020 2021 2022 2023 2024 2025 2026 2027 gt= 2028

m E

UR

Breakdown Funding Maturity Buckets

Senior Unsecured - Holdco Senior Unsecured - Opco Subordinated T1 Subordinated T2 Covered Bond

Total outstanding = 19bn EUR

(Including of KBC Grouprsquos balance sheet)

50

KBC has strong buffers cushioning Sr debt at all levels (9M 2020)

KBC GroupSenior6 518

Tier 2 2 179

Additional Tier 11 500

CET1 (transitional)16 606

KBC Bank

Tier 2 1 680



176

KBC Insurance

Tier 2 500

Parent shareholders equity3 578

Buffer for Sr level 226bn EUR

Buffer for Sr level 203 bn EUR

Legacy T2 issued by KBC Bank will disappear over time

nominal amounts in million EUR

Subordinated on loan by KBC Group6 518

51

The resolution plan for KBC is based on a Single Point of Entry (SPE) approach at KBC Group level with bail-in as thepreferred resolution tool

SRBrsquos currently applicable approach to MREL is defined in the lsquo2018 SRB Policy for the 2nd wave of resolution plansrsquopublished on 16 January 2019 which is based on the current legal framework (BRRD 1)

The actual binding target is 967 as of TLOF as from 31-12-2021

TLOF Total Liabilities and Own FundsLAA Loss Absorbing AmountRCA ReCapitalisation AmountMCC Market Confidence ChargeCBR Combined Buffer Requirement = Conservation Buffer (25) + O-SII buffer (15) + countercyclical buffer (015 in previous target 035 in revised target)

KBC complies with resolution requirementsMREL target applicable as from 31-12-2021

LAA

RCA

MCC

8 P1

175 P2R

435 CBR

8 P1

175 P2R

31 (CBR ndash 125)

100 RWA

95 RWA

= 263as of RWA

MREL target = 967 as of TLOF

x RWATLOF balance

31122017=

967 as of TLOF

Actual in of TLOF

23

59

06

94

05

3Q20

HoldCo senior

T2 part of own fundsAT1

CET1

52

Available MREL as a of TLOF

1Q201Q19 1H19 9M19 FY19

93104

9M201H20

96 98 10093 94

Available MREL () as a of TLOF

Hybrid approach Taking into account the withdrawal of the final gross dividend over 2019 profit of 25 EUR per share As of 1H20 MREL ratio includes the impact of IFRS9 transitional measures

The decrease of MREL as a of TLOF asof 1H20 can be fully explained by theparticipation in TLTRO III for an amountof 195bn EUR in June 2020 Excludingthis MREL would have amounted to101 at the end of 9M20

53

Latest credit ratings

SampPMoodyrsquos Fitch

Gro

upBa

nkIn

sura

nce

Senior UnsecuredTier IIAdditional Tier IShort-term P-2 A-2 F1Outlook Stable Negative Negative

Baa1 A- A- BBB BBB+

Ba1 BB+ BBB-

Senior Unsecured

Short-term P-1 A-1 F1Outlook Stable Stable Negative

A1 A+ A+Tier II

Covered Bonds Aaa - AAA

-

Financial Strength RatingIssuer Credit Rating

- A -- A -

BBB

Outlook - Negative -

-

Latest updates triggered by the COVID-19 pandemicbull 23 Apr 2020 SampP revised KBC Group and KBC Insurance outlook to negative The outlook for KBC Bank remains Stable because of the

substantial buffers of already existing bail-in-able debtbull 30 Mar 2020 Fitch revised KBC Group and KBC Bank outlook to negative Next to that driven by methodology changes Fitch

downgraded Tier 2 debt by one notch to lsquoBBB+ and upgraded AT1 debt by one notch to lsquoBBB-rsquo

54

Contents




4 Covid-19



7 Looking forward

Appendices

55

COVID-19 (19)

Latest status of government amp sector measures in each of our core countries

Opt-in 3 months for consumer finance 6-9months for mortgages and non-retail loans(until 31 Oct 2020 and can be extended to 31Dec 2020)bull For private persons deferral of principal

and interest payments while only deferralof principal payments for non-retail clients

bull Interest is accrued over the deferralperiod apart from families with netincome of less than 1700 EUR For thelatter group this results in a modificationloss for the bank (-11m EUR booked in 2Q)

Belgium

Defe

rral

of p

aym

ents

Guar

ante

e Sc

hem

e amp

liq

uidi

ty a

ssist

ance

HungaryOpt-in 3 or 6 monthsApplication period finished on 30 Sep 2020 howeverend of Oct 2020 all deferrals expiredbull Applicable for retail and non-retail clientsbull For private persons and entrepreneurs deferral of

principal and interest payments while onlydeferral of principal payments for non-retail clients

bull Interest is accrued over the deferral period butmust be paid in the final instalment resulting in amodification loss for the bank (-5m EUR booked in2Q)

bull For consumer loans the interest during thedeferral period may not exceed the 2-week reporate + 8

Czech Republic

Opt-out a blanket moratorium originally until 31 Dec 2020 Extension of the deferral until 30 JUN 2021 but with certain eligibility criteria (no detailed legislation available yet for non-retail clients)bull Applicable for retail and non-retail clientsbull Deferral of principal and interest paymentsbull Interest is accrued over the deferral period

but unpaid interest cannot be capitalisedand must be collected on a linear basisduring the remaining (extended) lifetimeThis results in a modification loss for thebank (-18m EUR booked in 1Q revised to -11mEUR in 2Q based on the actual opt-out ratio)

bull A state guarantee scheme of up to 40bn EURto cover losses incurred on future non-retailloans granted before 31 Dec 2020 to viablecompanies with a tenor of maximum 12months and a maximum interest rate of125 Guarantee covers 50 of losses above3 of total credit losses and 80 above 5of losses

bull As of 3Q a revised state guarantee schemeof up to 10bn EUR has been offered to coverlosses on future SME loans granted before 31Dec 2020 with a tenor between 1 and 3years and with a maximum interest rate of2 Guarantee covers 80 of all losses

bull The Czech-Moravian Guarantee and DevelopmentBank (CZMRB) launched several guaranteeprograms (COVID II COVID II Praha COVID III) forworking capital loans provided by commercial banksto non-retail clients The loan amount isguaranteed up to 80 or 90 of the loan amountInterest on these loans is subsidised up to 25(COVID II)

bull The Export Guarantee and Insurance Corporation(EGAP) under its COVID Plus program offersguarantees on loans provided by commercial banksEGAP guarantees 70 to 80 of the loan amountdepending on the rating of the debtor The programis aimed at companies in which exports accountedfor more than 20 of turnover in 2019

bull A guarantee scheme is provided byGarantiqa and the Hungarian DevelopmentBank These state guarantees can cover upto 90 of the loans with a maximum tenorof 6 years

bull Funding for growth scheme (launched byMNB) a framework amount of 42bn EURfor SMEs that can receive loans with a 20-year tenor and a maximum interest rate of25

bull Annual interest rate on personal loansgranted by commercial banks may notexceed the central bank base rate by morethan 5pp (until 31 Dec 2020)

56

Opt-in 9 months or 6 months (for leases)Application period is still running (but most will end in 1Q 2021)bull Applicable for retail customers SMEs and

entrepreneursbull Deferral of principal and interest paymentsbull Interest is accrued over the deferral period but

the customer has the option of paying allinterest at once after the moratorium or payingit on a linear basis The latter option wouldresult in an immaterial modification loss for thebank

Slovakia

Defe

rral

of p

aym

ents

Gua

rant

ee S

chem

e amp

liq

uidi

ty a

ssist

ance

IrelandBulgaria Opt-in 3 to 6 months Application period expired on 30 Sep 2020bull Applicable for mortgage loans consumer

finance loans and business banking loanswith a repayment schedule

bull Deferral of principal and interest paymentsfor up to 6 months (with review after 3months) for mortgages amp consumer financeand 3 months for business banking

bull Option for customers to extend their loanterm by up to 6 months to match thepayment holiday

bull Interest is accrued over the deferral period

bull Anti-Corona Guarantee program offered by theSlovak Investment Holding (SIH) and aimed atSMEs consists of two components (i) an 80state guarantee with a 50 portfolio cap and (ii)the interest rate subsidy of up to 4 pa

bull In addition financial aid in the form of the Stateguarantee schemes with guaranteed fee subsidycan be provided by the (i) Slovak InvestmentHolding (guarantee of up to 90 for loans lt 2mEUR) and the (ii) Export-Import Bank of SR(guarantee of up to 80 for loans of 2-20m EUR)No portfolio cap is applied

COVID-19 (29)


bull 04bn EUR of state guaranteesprovided by the BulgarianDevelopment Bank to commercialbanks Of this amount 01bn EUR isused to guarantee 100 of consumerloans while 03bn EUR is planned to beused to guarantee 80 of non-retailloans

bull The Irish authorities put substantial reliefmeasures in place amongst other measuresvia the SBCI KBC Bank Ireland is mainlyfocused on individual customers thereforethe relief programs for business customersare less relevant

Opt-in 6 months (until 31 Mar 2021 at the latest)Application period expired on 30 Sep 2020bull Applicable for retail and non-retail

customersbull Deferral of principal with or without

deferral of interest paymentsbull In the case of principal deferral only the

tenor is extended by 6 monthsbull Interest is accrued over the deferral

period and is payable in 12 months(consumer and non-retail) or 60 months(mortgages) in equal instalments

57

COVID-19 (39)

Overview of EBA compliant payment holidays and public Covid-19 guarantee schemes

Payment holidays ndash by country

Hungary opt-out a blanket moratorium applicable for retail and non-retail loans bull Deferral of principal and interest paymentsbull Interest is accrued over the deferral period but unpaid interest cannot be capitalised

and must be collected on a linear basis during the remaining (extended) lifetime

Payment holidays excl Hungary ndash by segment

By the end of September 2020bull The volume of granted loans with payment holidays according to the EBA definitions amounted

to 137bn EUR or 9 of total loan book

bull Approx 1bn EUR of moratoria already expired of which 97 have resumed paymentsbull Government guaranteed loans granted (under Covid-19 scheme) for 583m EUR

Loans and advances under public Covid-19 guarantee schemes

Payment holidays ndash by segment

bull Loans to customers excluding reverse repos (and bonds)

Status 30 Sep 2020 Loan deferrals grantedEUR bn

obligors

k

of total loan

portfolio

KBC Group 137 198 9of whichBelgium 77 25 7Czech Republic 21 22 7Hungary (opt-out) 17 128 37Slovakia 08 12 10Bulgaria 02 5 7Ireland 12 6 12

Status 30 Sep 2020 Loans grantedEUR m

obligorsk

KBC Group 583 7of whichSME 261Corporate 309


obligors

k

of total loan

portfolio

KBC Group 137 198 9of whichMortgages 45 7SME 43 13Corporate 42 10


obligors

k

of total loan

portfolio

KBC Group (excl HU) 120 70 8of which

Mortgages 40 6SME 36 11Corporate 39 9

58

COVID-19 (49)

IFRS 9 scenarios

Macroeconomic scenariosSeptember 2020

OPTIMISTIC SCENARIO BASE-CASE SCENARIO PESSIMISTICSCENARIO

Virus spread and impact sufficiently under control thanks to continued social distancing and other precautionary measures avoiding the need for another lockdown period

Virus spread and impact sufficiently under control thanks to continued and possibly intensified social distancing and other precautionary measures avoiding the need for another full lockdown period

Virus reappears and continues to weigh on society and economy necessitating on-off lockdown periods that have a significant impact on economic activity

Steep and steady recovery from 3Q20 onwards with a fast return to pre-Covid-19 levels of activity

More moderate but still steady recovery from 3Q20 onwards with a recovery to pre-Covid-19 levels of activity by the end of 2023

Another (series of) shock(s) takes place leading to an interrupted and unsteady path to recovery

Sharp short V-pattern U-pattern More L-like pattern with right leg only slowly increasing

The Covid-19 pandemic continues to be the maindriver of the global economy The epidemiologicaldevelopments are far from good The number ofnew Covid-19 cases are rapidly increasing in manycountries Because of this uncertainty we continueworking with three alternative scenarios a base-case scenario a more optimistic scenario and amore pessimistic scenario

bull The definition of each scenario reflects the latestvirus-related and economic developments while wecontinue to assign the same probabilities as inprevious quarter 45 for the base-case 40 for thepessimistic and 15 for the optimistic scenario

bull The macroeconomic information is based on the economic situation in September 2020 and hence does not yet reflect the official macroeconomic figures for 3Q20 as reported by different authorities

Real GDP growth

Optimistic Base Pessimistic Optimistic Base Pessimistic Optimistic Base Pessimistic

Euro area -67 -83 -116 87 52 -10 29 20 22 Belgium -61 -90 -111 91 51 -11 29 20 20 Czech Republic -61 -70 -85 62 47 13 28 30 33 Hungary -30 -62 -120 40 50 40 35 35 35Slovakia -65 -80 -95 66 61 16 45 35 38 Bulgaria -40 -80 -120 40 50 40 30 30 30 Ireland 00 -50 -100 50 40 10 30 35 25

2020 2021 2022 bull For the euro area we haverevised GDP growth for2020 upwards to -83and mechanically thisless negative outcome for2020 translates into adownward revision ofgrowth to 52 for 2021

59

COVID-19 (59)

IFRS 9 scenarios


Unemployment rate


Belgium 66 72 78 70 76 110 60 69 95Czech Republic 43 51 61 42 54 73 35 48 68 Hungary 48 61 75 42 56 75 40 48 65 Slovakia 75 90 100 80 100 120 70 80 105 Bulgaria 60 80 110 43 100 130 42 70 120 Ireland 80 110 200 60 70 160 50 60 120

2020 2021 2022

House-price index


Belgium 15 -05 -15 10 -30 -60 25 10 -20Czech Republic 53 48 35 10 -08 -40 41 20 -08 Hungary 40 20 -75 10 -10 -50 31 20 -10 Slovakia 65 50 20 10 -10 -50 30 20 -05 Bulgaria 05 -20 -30 10 -10 10 30 30 15Ireland -20 -70 -120 40 35 0 40 35 10

2020 2021 2022

60

COVID-19 (69)

Steady staging of loan portfolio

bull As disclosed during previous quarters our Expected Credit Loss (ECL)models were not able to adequately reflect all the specificities of theCovid-19 crisis or the various government measures implemented inthe different countries to support households SMEs and Corporatesthrough this crisis Therefore an expert-based calculation at portfoliolevel is required via a management overlay

bull In the first quarter this calculation was limited to a certain number of(sub)sectors In the second quarter driven by significant uncertaintiesaround the Covid-19 crisis the scope of the management overlay wasexpanded to include all sectors of our corporate and SME portfolio aswell as our retail portfolio

bull To be consistent with the second quarter we recalculated the Covid-19ECL based on the same methodology used on the performing and non-performing portfolio by the end of September 2020 but including thelatest economic scenarios

bull Until now only minor PD shifts have been observed in our portfoliowhich is reflected in stable staging percentages Note that in line withECBESMAEBA guidance any general government measure grantedbefore the end of September 2020 has not led to automatic staging

Total loan portfolio by IFRS 9 ECL stage

Loan portfolio

bull Aligned with the credit risk view of our loan portfolio as reported in the quarterly financial statements

852

FY19

113 10735

860 854

33

1Q20

854

11334

1H20

Stage 3 11432

9M20

Stage 1

Stage 2

(in billions of EUR) YE19 1Q20 1H20 9M20Portfolio outstanding 175 180 179 179 Retail 42 40 41 42 of which mortgages 38 37 38 39 of which consumer finance 3 3 3 3 SME 22 21 21 22 Corporate 37 39 38 37

61

78

99

-2

234

43

150

-3

147

596

57

637

3Q20

2Q20

1Q20

9M20

121

845

52

1 018

Management overlay

Impairments on financial assets at AC and at FVOCI without any COVID-19 impactCovid-19 impact already captured by ECL models

Impairment on financial assets at AC and at FVOCI

Amounts in m EUR

Collective Covid-19 ECL = 784m

COVID-19 (79)

Impact of the collective Covid-19 ECL after 9M

Credit Cost (annualized)

FY19 3M20 1H20 9M20

Without collective COVID-19 ECL 012 017 020 017

With collective COVID-19 ECL 027 064 061

Collective Covid-19 ECL not annualized

bull The updated assessment of the impact of Covid-19 on theperforming and non-performing portfolio after 9M20 (see detailsin following slides) resulted in a total collective Covid-19 ECL of784m EUR (q-o-q release of 5m EUR) of which

bull a total management overlay of 637m EUR with a -2mEUR release being booked in 3Q20

bull the ECL models captured an impact of 147m EUR after9M through the updated macroeconomic variables usedin the calculation resulting in a q-o-q release of -3m EUR

bull The total collective Covid-19 ECL of 784m EUR in 9M20 consistsof 6 stage 1 85 stage 2 and 9 stage 3 impairments

bull Including the collective Covid-19 ECL the Credit Cost Ratioamounted to 061 in 9M20

bull We are reiterating our estimate for FY20 impairments (onfinancial assets at AC and at FVOCI) of roughly 11bn EUR as aresult of the coronavirus pandemic Depending on a number ofevents such as the length and depth of the economic downturnthe significant number of government measures in each of ourcore countries and the unknown number of customers who willavail themselves of these mitigating measures we estimate theFY20 impairments to range between roughly 08bn EUR(optimistic scenario) and roughly 16bn EUR (pessimisticscenario)

62

COVID-19 (89)

Collective Covid-19 ECL in more detail no major change in the classification of sector risk


SME amp Corporate loan portfolio of 104bn EUR broken down by sector sensitivity to Covid-19

36

23

41

Medium

Low

High

10

47

35

29

33

1219

12Building amp construction

33

9M20

Commercial real-estate

Distribution(retail amp wholesale)

Automotive

Services(entertainement leisure amp retirement homes)

MetalsShipping (transportation)Hotels bars amp restaurants

Sum of other sectors lt 1 (incl Aviation sector) No major change in the sector split between high-medium-low risk compared to the previous quarterOnly minor reallocations of underlying activities fromlsquohighrsquo to lsquomediumrsquo or even to lsquolowrsquo risk Also very limitedshifts from lsquomediumrsquo to lsquohighrsquo risk situated mainly in thefollowing sectors

Distribution A minor share of activities related to the wholesale distribution of apparel was moved into the lsquohigh riskrsquo category adding to the already designated retail part (mainly retail fashion)

Services Increase in lsquohigh riskrsquo category driven by retirement homes mainly in Belgium

Metals The activity related to the manufacture of metal structures linked to the construction of non-residential buildings was shifted into the lsquohigh riskrsquo category


In the previous quarter the entire portfolio was allocated to lsquomedium riskrsquo dueto the limited lockdown interruption as this was one of the first sectors torestart In addition the temporary unemployment cover provided by the Belgiangovernment tempered the impact Now in the third quarter a limited share ofactivities related to the construction of non- residential buildings was shifted intothe lsquohigh riskrsquo category

Aviation sectorAs in the second quarter both sectors categorised as lsquohigh riskrsquo but with a limited share of 03 both

Exploration and production of oil gas amp other fuels

Composition of lsquoother sectors lt1rsquo in more detail

63

COVID-19 (99)

Collective Covid-19 ECL in more detail q-o-q release of 5m EUR

Collective Covid-19 ECL per country

9M20Optimistic Base Pessimistic Probability

EUR m 15 45 40 weightedKBC Group 471 621 908 714 70 784 -5 746 43By country

Belgium 300 366 450 390 20 410 -3 378 35Czech Republic 95 143 198 158 9 167 9 152 6Slovakia 23 30 50 37 0 37 -3 39 1Hungary 24 38 82 54 0 54 -1 54 1Bulgaria 7 16 25 18 5 23 -5 28 naIreland 22 28 103 57 36 93 -2 95 na

2Q20 1Q203Q20Performing portfolio impact Non-

Performing portfolio

Total9M20

OUSTANDING_slide

GCRD_GCA_segmentampstage_book

GCA_info GCRD

GCRD_outstanding

IMP_BS

NPL_segment

GCRD_NPL_historic

GCRD_Coverage_segment

GCRD - coverage_historic

GCRD_FORBORNE

GCA_sector_overview_book_3Q20

GCA_info GCRD_full overview

GCA_risk_slide

GCA_per risk sector_2Q20

GCRD_GCA_stages

GF_verdeelsleutel_risk split_3Q

GCRD_PD evolutions

GF_PWC_staging_net_3Q

GF_PWC_staging net_2Q

ECL_risk sector

ECL_risk sector_slide

ECL_overlay_country

ECL_overview_9M

ECL_overview_book_6M

GF_IMP_OVERLAY_TAB5_2

overall_imp

GF_BASE_risk sector_INPUT

GF__OPT_PES_risk sector_INPUT

GF_ECL_INPUT

CCR_slide

GCRD_CCR data

CCR_historiek
CCR200220032004200520062007200820092010201120122013201420152016201720182019557120113137011191827111942239-6-412

coverage_input Jos

scenario weight vs guidance

calc_NPL

GCA_risk_sector

ampDampPampNampF

Guidance

Man Overlay_segment

payment holiday_guarantees

image1emf

Sep-20Sep-20Sep-20

EUR mlnconc

EUR

mln

in perc

points

PD

∆

share

EUR

mln

in perc

points

share

EUR

mln

in perc

points

01 agriculture farming amp fishing5 6264727002

asymp

30

asymp

164-20-12

asymp

29-12-04

asymp

02 oil gas amp other fuels2 23618-700

asymp

20

asymp

62-13-06

asymp

14-202

asymp

03 electricity3 98233-69-01

asymp

30

asymp

88503

asymp

31-42-12

asymp

04 water708061700

asymp

30

asymp

922229

asymp

02-1-01

asymp

05 chemicals4 679396950640

asymp

13018-18

asymp

261403

asymp

06 metals4 114342200

asymp

40

asymp

23322253

asymp

54800

asymp

07 machinery amp heavy equipment2 82023-324-03

asymp

40

asymp

1992729

asymp

54-6-01

asymp

08 IT60705-65-01

asymp

5130756114

asymp

10000

asymp

09 electrotechnics1 80615-227-02

asymp

40

asymp

189-3902

asymp

472932

asymp

10 automotive6 06150-153-01

asymp

40

asymp

33640373296313

asymp

11 shipping1 78515-285-02

asymp

40

asymp

175-281-112161110

asymp

12 aviation47204-1700

asymp

40

asymp

319726

asymp

62411

asymp

13 food producers4 5093730402

asymp

40

asymp

161-83-31

asymp

31-20-08

asymp

14 beverages1 05909-2000

asymp

40

asymp

122104

asymp

12-8-08

asymp

15 tobacco1600-700

asymp

20

asymp

13005

asymp

00000

asymp

16 textile amp apparel1 13009-175-01

asymp

50

asymp

2735175

asymp

54-27-19

asymp

17 timber amp wooden furniture92708100

asymp

50

asymp

373103111

asymp

70915

asymp

18 paper amp pulp56805-5000

asymp

40

asymp

270-809

asymp

15000

asymp

19 media7990711501

asymp

40

asymp

87-25-52

asymp

19-5-10

asymp

20 building amp construction11 5959597200640

asymp

210130-02

asymp

39-93-14

asymp

21 distribution17 4341442-149-02

asymp

50

asymp

263-303-1589-259-14

22 traders2 06417-499-0450

asymp

310-337-71113-723

asymp

23 horeca1 637143700

asymp

50

asymp

3852004

asymp

51602

asymp

24 telecom95108-230-02

asymp

30

asymp

59112

asymp

05001

asymp

25 consumer products41403-78-01

asymp

40

asymp

82-7-01

asymp

090-01

asymp

27 commercial real estate14 1731172-297-03

asymp

50

asymp

26639633431200

asymp

28 services25 18720838950740

asymp

179137-01

asymp

245602

asymp

31 unknown3 532294200

asymp

50

asymp

52733289783233

asymp

Total Industrial Portfolio120 888100046740

asymp

2228140642-238-02

Y-1 evolution

GCRD Industry

Annual evolutions

Granted amounts

(in )

Average volume-weighted

PD rating

(PD1-9 only - granted)

Credit quality

(PD6-9 in granted)

Credit quality

(PD10-12 in outstanding)

Sep-20Y-1 evolutionY-1 evolutionY-1 evolution

image2emf

Sep-20Sep-20Sep-20

EUR mlnconc

EUR

mln

in perc

points

PD

∆

share

EUR

mln

in perc

points

share

EUR

mln

in perc

points


asymp

30

asymp

164-20-12

asymp

29-12-04

asymp


asymp

20

asymp

62-13-06

asymp

14-202

asymp


asymp

30

asymp

88503

asymp

31-42-12

asymp

04 water708061700

asymp

30

asymp

922229

asymp

02-1-01

asymp

05 chemicals4 679396950640

asymp

13018-18

asymp

261403

asymp

06 metals4 114342200

asymp

40

asymp

23322253

asymp

54800

asymp


asymp

40

asymp

1992729

asymp

54-6-01

asymp

08 IT60705-65-01

asymp

5130756114

asymp

10000

asymp


asymp

40

asymp

189-3902

asymp

472932

asymp

10 automotive6 06150-153-01

asymp

40

asymp

33640373296313

asymp

11 shipping1 78515-285-02

asymp

40

asymp

175-281-112161110

asymp

12 aviation47204-1700

asymp

40

asymp

319726

asymp

62411

asymp


asymp

40

asymp

161-83-31

asymp

31-20-08

asymp

14 beverages1 05909-2000

asymp

40

asymp

122104

asymp

12-8-08

asymp

15 tobacco1600-700

asymp

20

asymp

13005

asymp

00000

asymp


asymp

50

asymp

2735175

asymp

54-27-19

asymp


asymp

50

asymp

373103111

asymp

70915

asymp


asymp

40

asymp

270-809

asymp

15000

asymp

19 media7990711501

asymp

40

asymp

87-25-52

asymp

19-5-10

asymp


asymp

210130-02

asymp

39-93-14

asymp

21 distribution17 4341442-149-02

asymp

50

asymp

263-303-1589-259-14

22 traders2 06417-499-0450

asymp

310-337-71113-723

asymp

23 horeca1 637143700

asymp

50

asymp

3852004

asymp

51602

asymp

24 telecom95108-230-02

asymp

30

asymp

59112

asymp

05001

asymp


asymp

40

asymp

82-7-01

asymp

090-01

asymp


asymp

50

asymp

26639633431200

asymp

28 services25 18720838950740

asymp

179137-01

asymp

245602

asymp

31 unknown3 532294200

asymp

50

asymp

52733289783233

asymp


asymp

2228140642-238-02

Y-1 evolution

GCRD Industry

Annual evolutions

Granted amounts

(in )


PD rating


Credit quality

(PD6-9 in granted)

Credit quality



image3png

image4png

1

2

3

4

5

6

7

A

B

C

D

COVID-19 ECL per country - per scenario

9M20

Optimistic

Base

EUR m

15

45

KBC Group

471

621

By country

Belgium

300

366

Performing portfolio impact

64

Contents




4 Covid-19



7 Looking forward

Appendices

65

KBCrsquos covered bond programmeResidential mortgage covered bond programme

Issuer bull KBC Bank NV

Main asset category bull min 105 of covered bond outstanding is covered by residential mortgage loans and collections thereon

Programme sizebull 175bn EURbull Outstanding amount of 1277bn EUR

Interest rate bull Fixed rate floating rate or zero coupon

Maturity bull Soft bullet payment of the principal amount may be deferred past the final maturity

date until the extended final maturity date if the issuer fails to paybull Extension period is 12 months for all series

Events of defaultbull Failure to pay any amount of principal on the extended final maturity datebull A default in the payment of an amount of interest on any interest payment date

Rating agencies bull Moodyrsquos Aaa Fitch AAA

Moodyrsquos Fitch

Over-collateralisation 115 45

TPI Cap Probable D-cap 4 (moderate risk)

The covered bond programme is considered as an important funding tool for the treasury departmentKBCrsquos intentions are to be a frequent benchmark issuer if markets and funding plan permit

66

Direct covered bond issuance from a bankrsquos balancesheet

Dual recourse including recourse to a special estatewith cover assets included in a register

The special estate is not affected by a bankrsquos insolvency

Requires licenses from the National Bank of Belgium(NBB)

Ongoing supervision by the NBB

The cover pool monitor verifies the register and theportfolio tests and reports to the NBB

The NBB can appoint a cover pool administrator tomanage the special estate

National Bank of Belgium

Cover Pool Administrator

Not

e Ho

lder

s

Covered bonds

ProceedsIssuer

Cover PoolMonitor

Special Estate with Cover Assets in a Register

Representativeof the Noteholders

KBCrsquos covered bond programmeBelgian legal framework

67

The value of one asset category must be at least 85 of the nominal amount ofcovered bondsbull KBC Bank selects residential mortgage loans and commits that their value (including

collections) will be at least 105

Collateral type

Over-collateralisation

Test

Cover Asset Coverage Test

Liquidity Test

Cap on Issuance

1

2

3

4

5

The value of the cover assets must at least be 105 of the covered bondsbull The value of residential mortgage loans

1) is limited to 80 LTV

2) must be fully covered by a mortgage inscription (min 60) plus a mortgage mandate (max 40)

3) 30 day overdue loans get a 50 haircut and 90 days (or defaulted) get zero value

The sum of interest principal and other revenues of the cover assets must atleast be the interest principal and costs relating to the covered bondsbull Interest rates are stressed by plus and minus 2 for this test

Cover assets must generate sufficient liquidity or include enough liquid assets topay all unconditional payments on the covered bonds falling due the next 6months Interest rates are stressed by plus and minus 2 for this test

Maximum 125 of a bankrsquos assets can be used for the issuance of coveredbonds (temporary increase)

KBCrsquos covered bond programmeStrong legal protection mechanisms

68

COVER POOL BELGIAN RESIDENTIAL MORTGAGE LOANSbull Exclusively this is selected as main asset categorybull Value (including collections) at least 105 of the outstanding covered bondsbull Branch originated prime residential mortgages predominantly out of Flandersbull Selected cover asset have low average LTV (656) and high seasoning (494 months)

KBC HAS A DISCIPLINED ORIGINATION POLICYbull 2009 to 2019 residential mortgage loan losses below 4 bpbull Arrears in Belgium approx stable over the past 10 years

(i) Cultural aspects stigma associated with arrears importance attached to owning onersquosproperty

(ii)High home ownership also implies that the change in house prices itself has limitedimpact on loan performance

(iii)Well established credit bureau surrounding legislation and positive property market

KBCrsquos covered bond programmeCover pool

69

Contents




4 Covid-19



7 Looking forward

Appendices

70

SustainabilityKBC Green bond framework

KBC is convinced that the financial industry has a key role to play in the transition to a low carbon economy and is willing to contribute to the development of a sustainable financial market

Green funding provides an opportunity to KBC Bank to further enhance its ability to finance the green projects of its clients and to mobilise all its stakeholders around this objective

KBC is implementing a comprehensive sustainability bond strategy to support the development of the Green Bond markets in Belgium and Europe

KBC Green Bonds can be issued under the KBC Green Bond Framework via KBC Group NV KBC Bank NV or any of its other subsidiaries

In case of Green Bonds issued at the holding company level (KBC Group NV) KBC will allocate an equivalent amount of the proceeds to KBC Bank or its subsidiaries where the Eligible Assets are located

The KBC Green Bond Framework is intended to accommodate secured and unsecured transactions in various formats and currencies

Rationale enhancing the KBC sustainability strategy

KBC Green Bond Framework

The KBC Green Bond Framework is in line with the Green Bond Principles (2017)

Second party opinion provided by Sustainalytics and Pre-issuance- certification by the Climate Bonds Initiative

KBC intends to align its Green Bond Framework with emerging good practices such as a potential European Green Bond Standard or other forthcoming regulatory requirements and guidelines

For details of the KBC green bond framework we refer to the KBCCOM website httpswwwkbccomeninvestor-relationsdebt-issuancekbc-green-bondhtml

Aligned with best practices and market developments

71

SustainabilityGreen bonds

The Climate Bonds Standard Board approved the certification of the KBC Green Bonds

Certification

Verification

One year after issuance and until maturity a limited assurance report on the allocation of the Green Bond proceeds to Eligible Assets to be provided by an external auditor

See latest impact report March 2020 available on KBCCOM website

KBC GREEN PORTFOLIO APPROACH

Green Bond portfolio

Green Bond funding

Inclusion of existing and new Green Assets

KBC will ensure the availability of sufficient Green Assets to match Green funding

Deletion of ineligible or amortising Green Assets

In the context of the Green Bond KBC allocated the proceeds to two green assetcategories renewable energy (share of 50) and residential real-estate loans(share of 50)

For future transactions in cooperation with the relevant business teams KBC aimsto capture more green assets from other categories and expand the green eligibilityto more business lines and clients

Annual impact -Renewable energy projects

KBC Green Bond 2018

KBC GreenBond 2020

Allocated amount renewable energy (m) 203 EUR 300 EUR

Electricity producedenergy saved (MWh) 312 434 443 351

Avoided CO2e emissions (tones) 59 050 117 217

72

Contents




4 Covid-19



7 Looking forward

Appendices

73

Looking forward

Our base scenario assumed a strong positive growth rebound in 3Q20 while the temporaryrestrictive policy measures in response to the second wave of the pandemic such as renewedpartial or full lockdowns will at least temporarily disrupt the road to recovery However therespective governments are doing their best to limit the direct impact of these measures oneconomic activity as much as possible We expect European unemployment rates to go up in thesecond half of 2020 as well as in 2021 Main other risk factors include an end of the Brexittransition phase without an EU-UK agreement as well as renewed tensions in the economicconflict between the US and China

Economicoutlook

Group guidance

We are increasing our FY20 NII guidance from 44bn EUR to 45bn EUR ballpark figure We reiterate our FY20 guidance for opex excluding bank taxes (roughly -35 y-o-y) Also our estimate for FY20 impairments (on financial assets at AC and at FVOCI) remains

unchanged at roughly 11bn EUR as a result of the coronavirus pandemic Depending on a numberof events such as the length and depth of the economic downturn the significant number ofgovernment measures in each of our core countries and the unknown number of customers whowill call upon these mitigating actions we estimate the FY20 impairments to range betweenroughly 08bn EUR (optimistic scenario) and roughly 16bn EUR (pessimistic scenario)

So far the impact of the coronavirus lockdown on digital sales services and digital signing has beenvery positive KBC is clearly benefiting from the digital transformation efforts made in the past

B4 has been postponed by one year (as of 1 January 2023 instead of 2022) We will provide a strategy update this afternoon while new long-term financial guidance as well as

our capital deployment plan will be updated together with the FY20 results

74

Appendices

1 KBC the reference (investor visit 2017)

2 Overview of outstanding benchmarks

3 Summary of KBCrsquos covered bond programme

4 Solvency details on capital

5 Details on business unit international markets

6 Details on credit exposure of Ireland

75

Guidance End 2019

CAGR total income (lsquo16-rsquo20) ge 225 by 2020 23 (CAGR rsquo16-rsquo19)

CI ratio banking excluding bank tax le 47 by 2020 51 (FY2019)

CI ratio banking including bank tax le 54 by 2020 58 (FY2019)

Combined ratio le 94 by 2020 90 (FY2019)

Dividend payout ratio ge 50 as of now 19

Excluding marked-to-market valuations of ALM derivatives

Regulatory requirements End 2019

Common equity ratioexcluding P2G ge 107 by 2019 171

Common equity ratioincluding P2G ge 117 by 2019 171MREL ratio ge 967 by 2021 104NSFR ge 100 as of now 136LCR ge 100 as of now 138

bull Fully loaded Danish Compromise P2G = Pillar 2 guidance Taking into account the withdrawal of the final gross dividend over 2019 profit of 25 EUR per share and the cancellation of the share buy-back program of 55 million shares MREL target as of TLOF (Total Liabilities and Own Funds) taking into account the withdrawal of the final gross dividend over 2019 profit of 25 EUR per share

Annex 1 - KBC the referencehellipGroup financial guidance (Investor visit 2017)

76

Non-financial guidance Inbound contacts via omni-channel and digital channel

End 2019

KBC Group gt 80 by 2020 81

Non-financial guidance CAGR Bank-Insurance clients (1 Bank product + 1 Insurance product)

End 2019(CAGR rsquo16-rsquo19)

BU BE gt 2 by 2020 +1

BU CR gt 15 by 2020 +12

BU IM gt 10 by 2020 +22

Non-financial guidance CAGR Bank-Insurance stable clients (3 Bk + 3 Ins products in Belgium 2 Bk + 2 Ins products in CE)


BU BE gt 2 by 2020 +1

BU CR gt 15 by 2020 +17

BU IM gt 15 by 2020 +25

bull Clients interacting with KBC through at least one of the non-physical channels (digital or through a remote advisory centre) possibly in addition to contact through physical branches This means that clients solely interacting with KBC through physical branches (or ATMs) are excluded

Bulgaria amp PSB out of scope for Group target

Annex 1 - KBC the referencehellipGroup non-financial guidance (Investor visit 2017)

77

Annex 1 - Inbound contacts via omni-channel and digital channel at KBC Group amounted to 85 in 3Q20hellip already above the Investor Visit target (ge 80 by 2020)



78

Annex 2 - Outstanding benchmarksOverview till end of October 2020

Type IssuerAmount (in mio)

Maturity coupon ISIN reset spread Trigger LevelOwn funds

MREL

Additional Tier1

AT1 24042018 KBC Group 1 000 euro Perpetual 4250 BE0002592708MS 5Y+ 3594bpstemporary

write-down 5125

AT1 10032019 KBC Group 500 euro Perpetual 4750 BE0002638196MS 5Y+ 4689bpstemporary

write-down 5125

Tier2 subordinated notes

T2 11032015 KBC Group 750 euro 11032027 1875 BE0002485606 MS 5Y+ 150bpsregulatory+

tax call


tax call


tax call


Maturity coupon ISIN MREL

SeniorSenior 26062016 KBC Group 750 euro 26042021 1000 BE6286238561 Senior 18102016 KBC Group 750 euro 18102023 0750 BE0002266352 Senior 01032017 KBC Group 1 250 euro 1032022 0750 BE0002272418 Senior 24052017 KBC Group 750 euro 24112022 3M+055 BE0002281500 Senior 27062018 KBC Group 500 euro 27062023 0875 BE0002602804 Senior 07022019 KBC Group 1 000 euro 25012024 1125 BE0002631126 Senior 10042019 KBC Group 500 euro 10042025 0625 BE0002645266

Senior 24012020 KBC Group 500 euro 24012030 0750 BE0002681626



Covered bondsCB 3112013 KBC Bank 750 euro 31012023 2000 BE0002425974CB 2212015 KBC Bank 1 000 euro 22012022 0450 BE0002482579CB 2842015 KBC Bank 1 000 euro 28042021 0125 BE0002489640CB 132016 KBC Bank 1 250 euro 1092022 0375 BE0002498732CB 24102017 KBC Bank 500 euro 24102027 0750 BE0002500750CB 832018 KBC Bank 750 euro 8032026 0750 BE0002583616CB 03062020 KBC Bank 1 000 euro 3122025 0000 BE0002707884

79

Annex 3 ndash KBCrsquos covered bond programmeKey cover pool characteristics

Investor reports final terms and prospectus are available on wwwkbccomcovered_bonds

Portfolio data as of 30 September 2020

Total Outstanding Principal Balance 17 442 780 004

Total value of the assets for the over-collateralisation test 15 634 108 699

No of Loans 230 571

Average Current Loan Balance per Borrower 120 383

Maximum Loan Balance 1 000 000

Minimum Loan Balance 1 000

Number of Borrowers 144 894

Longest Maturity 359 month

Shortest Maturity 1 month

Weighted Average Seasoning 494 months

Weighted Average Remaining Maturity 187 months

Weighted Average Current Interest Rate 174

Weighted Average Current LTV 656

No of Loans in Arrears (+30days) 253

Direct Debit Paying 98

80


REPAYMENT TYPE (LINEAR VS ANNUITY) GEOGRAPHICAL ALLOCATION

LOAN PURPOSE INTEREST RATE TYPE (FIXED PERIODS)

Linear1

Annuity99

Purchase50Remortgage

32

Renovation7

Construction11

Other0

Brussels Hoofdstedelijk gewest6 Waals Brabant

1

Vlaams Brabant

18

Antwerpen28

Limburg12

Luik2

Namen0

Henegouwen1

Luxemburg0

West-Vlaanderen

14

Oost-Vlaanderen

18

No review75

1 y 1 y8

3 y 3 y11

5 y 5 y5

10 y 5 y1

15 y 5 y0

20 y 5 y0

81


FINAL MATURITY DATE SEASONING

INTEREST RATECURRENT LTV

000

1000

2000

3000

4000

5000

6000

7000

8000

2018 - 2022 2023 - 2027 2028 - 2032 gt 2032

Weighted Average Remaining Maturity

187 months

000

500

1000

1500

2000

2500

0 - 12 13 - 2425 - 3637 - 4849 - 6061 - 7273 - 8485 - 9697 -108 109 -

Weighted Average Seasoning

494 months

000100020003000400050006000700080009000

10000

lt 2

5

25

lt to

lt=

30

30

lt to

lt=

35

35

lt to

lt=

40

40

lt to

lt=

45

45

lt to

lt=

50

50

lt to

lt=

55

55

lt to

lt=

60

60

lt to

lt=

65

65

lt to

lt=

70

gt 7

0Weighted

Average Current Interest Rate

174

000200400600800

10001200140016001800

lt= 1

0

10

lt to

lt=

20

20

lt to

lt=

30

30

lt to

lt=

40

40

lt to

lt=

50

50

lt to

lt=

60

60

lt to

lt=

70

70

lt to

lt=

80

80

lt to

lt=

90

90

lt to

lt=

100

100

lt to

lt=

110

110

lt to

lt=

120

120

lt to

lt=

130

130

lt to

lt=

140

140

lt to

lt=1

50

150

lt

Weighted Average Current LTV

656

82

Annex 3 - Belgian real estate market Housing market still strong in 2020 due to strong investor appetite for real estate

500 000

550 000

600 000

650 000

700 000

750 000

800 000

850 000

900 000

Source FOD Economie

Increased investor appetite for real estate (number of Belgian households owning real estate

property other than the main residence)

83

Annex 3 - Interest ratesBelgian spread vs 10y German Bund forecast to remain at around 30 bps

84

Method Numerator Denominator B3 CET1 ratio

FICOD fully loaded 17283 111486 155

DC fully loaded 16579 100169 166

DM fully loaded 15774 95195 166

FICOD Financial Conglomerate Directive DC Danish Compromise DM Deduction Method

Annex 4 - Solvency detailsOverview of B3 CET1 ratios at KBC Group

85

Quick fix topic Applied by Timing of implementation

Estimated impact on CET1 ratio

Comment

SME supporting factor 2Q 2020 +32bps Pulled forward from mid 2021 by regulator

Outliers in Market risk VaRmodels 2Q 2020 +8bps Permission granted to exclude

COVID-19 outliers

Sovereigns under the Standardised approach 2Q 2020 +10bps Only applicable for UBB (sovereign

exposure in EUR)

IFRS9 transitional measures 2Q-4Q 2020 +56bps at 4Q20 (of which +2bps at 2Q20) 4Q20 estimated impact

Infrastructure supporting factor 4Q 2020 +2bps Pulled forward from mid 2021 by regulator

Prudential treatment of software 4Q 2020 +21bps Estimated impact based on final

draft RTS

Filter for FVOCI gainslosses on government exposures

Not applied by KBC given temporary and immaterial impact

Retail under the Standardized approach

Not applied by KBC given limited exposure and immaterial impact

Leverage ratio and exclusion of central banks exposure

Not applied by KBC given already very strong leverage ratio

Annex 4 ndash Solvency detailsApplication of regulatory quick fixes

86

3Q20 NET RESULT (in million euros) 486m 116m 33m 51m 27m 13m -28m

ALLOCATED CAPITAL (in billion euros) 70bn 17bn 06bn 08bn 04bn 06bn 02bn

LOANS (in billion euros) 104bn 28bn 8bn 5bn 3bn 10bn

BELGIUM CZECH REPUBLIC SLOVAKIA HUNGARY BULGARIA IRELAND

DEPOSITS (in billion euros) 137bn 39bn 7bn 8bn 5bn 5bn

GROUPCENTRE

BRANCHES (end 3Q20) 507 221 117 208 176 16

Clients (end 3Q20) 37m 42m 06m 16m 14m 03m

Annex 5 ndash Business unit international marketsBusiness profile

87- Forborne loans (in line with EBA Technical Standards) comprise loans on a live restructure or continuing to serve a probation period post-restructurecure to Performing

After a sharp deterioration in activity and employment in 2Q20because of Covid-19 the Irish economy experienced a strongrebound through the summer months However the 6-weekincreased Covid-19 restrictions announced 19 October 2020 willhave a negative impact in 4Q20 Overall the resilience of themultinational sector and improving domestic conditions are likely toresult in a smaller contraction in GDP than previously envisaged

Covid-19 related restrictions and broader uncertainty abouteconomic prospects continue to weigh heavily on the Irish jobsmarket While there has been some improvement since the springlow-point the return to more normal labour market conditions hasbeen modest and uneven and may be further interrupted byincreased Covid-related restrictions in the final quarter As a resultthe underlying unemployment rate is still expected to end the yearmarkedly higher than the 5 rate seen at the beginning of the year

Irish residential property prices have proven far more resilient to thepandemic than expected notwithstanding the substantial decline inhousing transactions While some softness in housing prices mayfollow from weakened prospects for employment and incomes anyfall seems likely to be notably smaller and slower to materialise thanpreviously envisaged

Impaired loan portfolio decreased by roughly 57m EUR q-o-qresulting in an impaired loan ratio reducing to 144

The roughly 0m EUR net impairment charge in 3Q20 reflects aroughly 12m EUR increase to the COVID-19 related managementoverlay for Stage 1 amp 2 offset by a roughly 13m EUR release to Stage3 primarily driven by updated future macro-economic factors

Annex 6 - Ireland impaired loans continues to improve but Covid-19 reflects a headwind for further improvements in the short term

88

AQR Asset Quality Review

B3 Basel III

CBI Central Bank of Ireland

Combined ratio (non-life insurance) [technical insurance charges including the internal cost of settling claims earned premiums] + [operating expenses written premiums] (after reinsurance in each case)

Common equity ratio [common equity tier-1 capital] [total weighted risks]

Costincome ratio (banking) [operating expenses of the banking activities of the group] [total income of the banking activities of the group]

Costincome ratio adjusted for specific items

The numerator and denominator are adjusted for (exceptional) items which distort the PampL during a particular period in order to provide a better insight into the underlying business trends Adjustments include bull MtM ALM derivatives (fully excluded)bull bank taxes (including contributions to European Single Resolution Fund) are included pro rata and hence spread over all quarters of the year instead of

being recognised for the most part upfront (as required by IFRIC21)bull one-off items

Credit cost ratio (CCR) [net changes in individual and portfolio-based impairment for credit risks] [average outstanding loan portfolio] Note that inter alia government bonds are not included in this formula

EBA European Banking Authority

ESMA European Securities and Markets Authority

ESFR European Single Resolution Fund

FICOD Financial Conglomerates Directive

Impaired loans cover ratio [total specific impairments on the impaired loan portfolio (stage 3) ] [part of the loan portfolio that is impaired (PD 10-11-12) ]

Impaired loans ratio [part of the loan portfolio that is impaired (PD 10-11-12)] [total outstanding loan portfolio]

Leverage ratio[regulatory available tier-1 capital] [total exposure measures] The exposure measure is the total of non-risk-weighted on and off-balance sheet items based on accounting data The risk reducing effect of collateral guarantees or netting is not taken into account except for repos and derivatives This ratio supplements the risk-based requirements (CAD) with a simple non-risk-based backstop measure

Liquidity coverage ratio (LCR) [stock of high quality liquid assets] [total net cash outflow over the next 30 calendar days]

Net interest margin (NIM) of the group [banking group net interest income excluding dealing room] [banking group average interest-bearing assets excluding dealing room]

Net stable funding ratio (NSFR) [available amount of stable funding] [required amount of stable funding]

Glossary (12)

89

Glossary (22)

MARS Mortgage Arrears Resolution Strategy

MREL Minimum requirement for own funds and eligible liabilities

PD Probability of default

Return on allocated capital (ROAC) for a particular business unit

[result after tax including minority interests of a business unit adjusted for income on allocated capital instead of real capital] [average capital allocated to the business unit] The capital allocated to a business unit is based on risk-weighted assets for banking and risk-weighted asset equivalents for insurance

Return on equity [result after tax attributable to equity holders of the parent] [average parent shareholdersrsquo equity excluding the revaluation reserve for fair value through Other Comprehensive Income (OCI) assets]

TLAC Total loss-absorbing capacity

90

Contacts Questions

Company website wwwkbccom

Download the KBC IR APP

Slide Number 1



Slide Number 4

Contents




Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19






Contents












Cover ratios



Slide Number 40




Contents




Strong customer funding base with liquidity ratios remaining very strong






Contents

COVID-19 (19)Latest status of government amp sector measures in each of our core countries


COVID-19 (39)Overview of EBA compliant payment holidays and public Covid-19 guarantee schemes

COVID-19 (49)IFRS 9 scenarios


COVID-19 (69)Steady staging of loan portfolio

COVID-19 (79)Impact of the collective Covid-19 ECL after 9M

COVID-19 (89)Collective Covid-19 ECL in more detail no major change in the classification of sector risk

COVID-19 (99)Collective Covid-19 ECL in more detail q-o-q release of 5m EUR

Contents


Slide Number 66

Slide Number 67

Slide Number 68

Contents



Contents

Looking forward

Appendices

Slide Number 75

Slide Number 76


Slide Number 78

Annex 3 ndash KBCrsquos covered bond programme Key cover pool characteristics









Glossary (12)

Glossary (22)

Contacts Questions

INFO (volume + number of requests)

- payment holidays =gt zie GCRD

- evolution of arrears =gt zie GCRD

- government garanties =gt relatiebeheerders

Toestand 32020 en 62020 + 72020

Voorbeeld Payment holidays

Table 3 Management overlay (GCA) per segment

2Q 2020 1Q 2020

Management overlay per country and sector (GCA) Management overlay per country and sector (GCA)

Sector Segment SME CORP TOTAL Manag Overlay Sector Country SME CORP TOTAL Manag Overlay

TOTAL 0 0 0 TOTAL 2832 2735 5568

28 services 0 28 services 306 439 745

21 distibution 0 21 distibution 1584 636 2220

27 real estate 0 27 real estate 0

20 building amp construction 0 20 building amp construction 0

1 agriculture farming fishing 0 1 agriculture farming fishing 0

10 automotive 0 10 automotive 0

13 food producers 0 13 food producers 0

3 electricity 0 3 electricity 0

6 metals 0 6 metals 0

5 chemicals 0 5 chemicals 0

7 machinery amp heavy equipment 0 7 machinery amp heavy equipment 0

11 shipping 0 11 shipping 196 1072 1268

23 horeca 0 23 horeca 731 315 1046

22 traders 0 22 traders 0

2 oil gas amp other fuels 0 2 oil gas amp other fuels 0

16 textile amp apparel 0 16 textile amp apparel 0

9 electrotechnics 0 9 electrotechnics 0

Corporates lt 05 Corporates lt 05

17 timber amp wooden furniture 0 17 timber amp wooden furniture 0

14 beverages 0 14 beverages 0

4 water 0 4 water 0

18 paper amp pulp 0 18 paper amp pulp 0

19 media 0 19 media 0

24 telecom 0 24 telecom 0

12 aviation 0 12 aviation 16 274 290

25 consumer products 0 25 consumer products 0

8 IT 0 8 IT 0

15 tobacco 0 15 tobacco 0

31 sector unknown 0 31 sector unknown 0

Guidance at 100 but at weight

Optimistic 800 15 120

Base 1100 45 495

Pessimistic 1600 40 640

WEIGHTED GUIDANCE 1255

Gross carrying amount - per risk profile - per country EAD =gt 1Q portefeuille (als verdeelsleutel) jos geeft in 30 sectoren kan niet volgens onderliggende activiteiten

30-Jun-20 KBC Group BU BE BU CR HU SK BU IE

Gross carrying amount Performing non-retail Gross carrying amount Performing non-retail Gross carrying amount Performing non-retail Gross carrying amount Performing non-retail Gross carrying amount Performing non-retail Gross carrying amount Performing non-retail Gross carrying amount Performing non-retail

High Risk - 150 Medium Risk - 100 Low risk - 50 High Risk - 150 Medium Risk - 100 Low risk - 50 High Risk - 150 Medium Risk - 100 Low risk - 50 High Risk - 150 Medium Risk - 100 Low risk - 50 High Risk - 150 Medium Risk - 100 Low risk - 50 High Risk - 150 Medium Risk - 100 Low risk - 50 High Risk - 150 Medium Risk - 100 Low risk - 50

(EUR m) GCA of the sector GCA of the sector GCA of the sector GCA of the sector GCA of the sector GCA of the sector GCA of the sector GCA of the sector GCA of the sector GCA of the sector GCA of the sector GCA of the sector GCA of the sector GCA of the sector GCA of the sector GCA of the sector GCA of the sector GCA of the sector GCA of the sector GCA of the sector GCA of the sector

SMECORP of which

28 services

21 distibution

27 real estate

20 building amp construction

1 agriculture farming fishing

10 automotive

13 food producers

3 electricity

6 metals

5 chemicals

7 machinery amp heavy equipment

11 shipping

23 horeca

22 traders

2 oil gas amp other fuels

16 textile amp apparel

9 electrotechnics

Corporates lt 05

17 timber amp wooden furniture

14 beverages

4 water

18 paper amp pulp

19 media

24 telecom

12 aviation

25 consumer products

8 IT

15 tobacco

31 sector unknown

Retail

of which mortgages

of which consumer finance

NPL impaired loans 6024

oustanding 179365562022753

34

Performing portfolio Non-Performing portfolio Total 1H20 Total2Q20

Optimistic Base Pessimistic Probability 2Q20 1Q20 Normal process Of which overlay 2Q20 1Q20

EUR m 15 45 40 weigthed

KBC Group 484 611 870 696 44 44 167 93 789 746 43 746 150 596 43

By country

Belgium 285 355 478 393 20 20 20 20 413 378 35 378 49 329 35

Czech Republic 103 129 186 148 10 10 10 10 158 152 6 152 17 135 6

Slovakia 30 34 50 40 0 0 0 0 40 39 1 39 6 33 1

Hungary 37 48 69 55 0 0 0 0 55 54 1 54 13 41 1

Bulgaria 5 14 19 15 13 13 13 13 28 28 na 28 5 23 na

Ireland 24 32 68 45 1 1 124 50 95 95 na 95 60 35 na

Simulatie guidance

base 789 ECL - performing

354 actuals 177 2

1143 vs 11 bn

optimistic 484 ECL - performing

93 ECL - non performing

177 Actuals

754 vs 08 bn

pessimistic 870 ECL - performing


354 actuals 177 2 will be more severed triggered in a pessimistic scenario

1317 vs 16 bn

NPL and coverage ratio per segment 63020 63020 33120 123119 63020 63020 33120 123119

Stage 3 30062020Incl manag Overlay 30062020excl man overlay 33120 123119 30062020Incl manag Overlay 30062020excl man overlay 33120 123119 30062020Incl manag Overlay 30062020man overlay 33120 123119

all Coverage ratio 448 440 434 420 stage 3 impairments 2696 2649 2568 2584 stage 3 impairments 471

Private Persons Retail 332 320 296 305 Retail 739 714 678 715 Retail 256

Private Persons - mortgages of which mortgages 305 294 268 278 of which mortgages 631 606 570 607 of which mortgages 246

Private Persons - non-mortgage of which consumer finance 670 664 664 676 of which consumer finance 108 107 107 108 of which consumer finance 1

SME SME 457 440 459 459 SME 554 533 523 533 SME 215

Corporate Corporate 543 543 549 503 Corporate 1402 1402 1367 1336 Corporate 0

all NPL 34 34 33 35 Stage 3 outstandings 6024 6024 5921 6160 all outstandings 179366 179366 179702 175431

Private Persons Retail 30 30 32 32 Retail 2228 2228 2291 2344 Retail 73251 73251 71976 73146

Private Persons - mortgages of which mortgages 30 30 32 32 of which mortgages 2066 2066 2129 2184 of which mortgages 67748 67748 66525 67540

Private Persons - non-mortgage of which consumer finance 29 29 30 29 of which consumer finance 162 162 162 160 of which consumer finance 5503 5503 5451 5606

SME SME 32 32 30 30 SME 1212 1212 1140 1160 SME 38374 38374 37921 38173

Corporate Corporate 38 38 36 41 Corporate 2584 2584 2489 2656 Corporate 67740 67740 69806 64112

Stage 2 30062020Incl manag Overlay 30062020excl man overlay 33120 123119 30062020Incl manag Overlay 30062020excl man overlay 33120 123119

all all Coverage ratio - stage 2 stage 2 impairments

Private Persons Private Persons Retail Retail

Private Persons - mortgages Private Persons - mortgages of which mortgages of which mortgages

Private Persons - non-mortgage Private Persons - other of which consumer finance of which consumer finance

SME SMECORP SME SME

Corporate Corporate Corporate

all all

all all Stage 2 112 112 Stage 2 outstandings 20176 20176 all outstandings 179366 179366 179702 175431

Private Persons Private Persons Retail 71 71 Retail 5170 5170 Retail 73251 73251 71976 73146

Private Persons - mortgages Private Persons - mortgages of which mortgages 70 70 of which mortgages 4726 4726 of which mortgages 67748 67748 66525 67540

Private Persons - non-mortgage Private Persons - other of which consumer finance 81 81 of which consumer finance 444 444 of which consumer finance 5503 5503 5451 5606

SME SMECORP SME 141 141 SME 15005 15005 SME 38374 38374 37921 38173

Corporate Corporate Corporate - 0 Corporate 67740 67740 69806 64112

all all

Stage 1 63020 33120 123119 63020 33120 123119

all all Coverage ratio - stage 1 Stage 1 impairments




SME SMECORP SME SME


all all







INFO MARTIJN

Year CCR (bps) Impairments on LampR (AC) (mln EUR)

1999 30

2000 30

2001 30

2002 55

2003 71

2004 20 198

2005 1 35

2006 13 177

2007 13 185

2008 70 822

2009 111 1903

2010 91 1483

2011 82 1333

2012 71 1072

2013 119 1719

2014 42 587

2015 23 323

2016 9 126

2017 -6 -87

2018 -4 -62

2019 12 203

average 02-19 441

average 99-19 420

63020 annualization 2 CCR excluding Management overlay

split of PampL and COVID196 MEV

amounts in EUR units official CCR NOT annualized NOT annualized annualized official CCR

BU Sum of TOTAL Impairment PampL - YTD Sum of TOTAL Impairment PampL - YTD (annualized) Sum of outstanding portfolio (average) CCR CCR in local currency Management overlay COVID19 MEV impact included in 1H2020 actuals other check annualized PampL amount PampL annualized excluding Management overlay and Covid MEV CCR excluding Management overlay and Covid MEV CCR in local currency CHECK - totaal met Charlotte klein verschil

Belgium 570039165 727207199 114692690674 0634 0634 364002274 48868856 157168035 727207200 314336069 0274 0274 412871130

Czech Rep 178172580 198923878 31695632382 0628 0616 140021282 17400000 20751298 198923878 41502596 0131 0096 CCR in local currency 157421282

Int Markets 222330762 227123005 27557969513 0824 0824 133572746 83965774 4792243 227123005 9584485 0035 0035 217538519

Group - 9111424 - 18222848 3451882903 -0528 -0528 - 0 - 0 -9111424 -18222848 - 18222848 -0528 -0528 - 0

Grand Total 961431083 1135031234 177398175472 0640 0640 637596302 150234630 173600152 1135031235 347200302 0196 0196 787830931

- 0

BU Int Markets - 0

CSOB SR 47528277 55255390 8350691035 0662 0662 33501164 6300000 7727113 55255390 15454226 0185 0185 39801164

KampH 53739262 52863276 5498806029 0961 0965 41715248 12900000 -875986 52863276 - 1751972 -0032 -0042 CCR in local currency 54615248

Bulgaria 25899558 23890588 3610041715 0662 0662 23142755 4765774 -2008971 23890587 - 4017941 -0111 -0111 CCR in local currency 27908529

KBC IRL 95163665 95113751 10098430734 0942 0942 35213579 60000000 -49914 95113751 - 99828 -0001 -0001 95213579

Grand Total 222330762 227123005 27557969513 0824 0824 133572746 83965774 4792242 227123004 9584485 0035 0035 217538520




BU Sum of TOTAL Impairment PampL - YTD Sum of TOTAL Impairment PampL - YTD (annualized) Sum of outstanding portfolio (average) CCR CCR in local currency Management overlay COVID19 MEV impact included in 1H2020 actuals other check annualized PampL amount PampL annualized excluding Management overlay and Covid MEV CCR excluding Management overlay and Covid MEV CCR in local currency

Belgium 609599605 676298881 114451112269 0591 0591 361468154 48033624 200097827 676298881 266797103 0233 0233

Czech Rep 193074893 201765327 31553404826 0639 0639 153316233 13687360 26071301 201765327 34761734 0110 0101 CCR in local currency

Int Markets 216128798 219229265 27755918783 0790 0790 121004647 85822751 9301400 219229265 12401867 0045 0045

Group - 6968602 - 9291469 3396475323 -0274 -0274 - 0 - 0 -6968602 -9291469 - 9291469 -0274 -0274

Grand Total 1011834694 1088002003 177156911201 0614 0614 635789034 147543734 228501926 1088002003 304669235 0172 0172

BU Int Markets

CSOB SR 42600524 44513125 8406424944 0530 0530 33809969 3052751 5737804 44513125 7650406 0091 0185

KampH 50805941 49886161 5568144458 0896 0892 OK 3Q20 44565282 9000000 -2759341 49886161 - 3679121 -0066 -0085 CCR in local currency

Bulgaria 27914322 29452429 3638806347 0809 0809 OK 3Q20 16530000 6770000 4614322 29452429 6152429 0169 0169 CCR in local currency

KBC IRL 94808011 95377549 10142543033 0940 0940 26099396 67000000 1708615 95377549 2278153 0022 0022

Grand Total 216128798 219229265 27755918783 0790 0790 121004647 85822751 9301400 219229265 12401867 0045 0045

Credit cost () 1Q 2020 1H 2020 9M 2020 qoq delta

TOTAL excl Collective COVID-19 ECL TOTAL excl Collective COVID-19 ECL TOTAL excl Collective COVID-19 ECL TOTAL Excl ECL

Belgium 040 028 063 027 059 023 -004 -004

Czech Republic 010 002 062 010 064 010 002 000

International Markets 008 005 082 004 079 004 -003 001

Slovakia 030 025 066 019 053 019 -013 000

Hungary -012 -022 096 -004 089 -009 -007 -004

Bulgaria 031 031 066 -011 081 017 015 028

Ireland 006 006 094 000 094 002 -000 002

Group Centre -107 -107 -053 053 000

KBC GROUP 027 017 064 020 061 017 -003 -002

PampL impairments - per segmentsector

2Q 2020 3Q20 2Q20 1Q20 9M2020

Collective COVID-19 ECL Impairment on financial assets at AC and at FVOCI Total per stage COLLECTIVE Covid-19 ECL Management overlay 147m - ECL models COLLECTIVE Covid-19 ECL Management overlay 150m - ECL models Business-as-usual Impairment on financial assets at AC and at FVOCI Total per stage of which COVID Business-as-usual Impairment on financial assets at AC and at FVOCI Total per stage of which COVID-19 ECL

(EUR m) Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3

TOTAL 845 53 619 173 -5 -8 26 -23 -2 0 30 -32 -3 -8 -4 9 54 599 93 596 0 547 49 150 54 52 44 248 53 73 124 31Dec1899 121 0 0 0 43 0 43 0 78 0 0 0 966 53 619 173 784 46 668 70

BE 458 29 338 91 -3 -2 -1 0 -2 0 -2 0 -1 -2 1 0 23 335 20 329 0 309 20 49 23 26 0 129 29 29 71 116 0 0 0 35 0 35 0 81 0 0 0 574 29 338 91 410 21 369 20

CR 170 7 154 10 9 -3 13 -1 13 0 14 -1 -4 -3 -1 0 9 133 10 135 0 125 10 17 9 8 0 35 7 29 0 8 0 0 0 6 0 6 0 2 0 0 0 178 7 154 10 167 6 152 9

HU 55 8 47 0 -1 -2 1 0 3 0 3 0 -4 -2 -2 0 7 47 0 41 0 41 0 13 7 6 0 14 8 6 0 -2 0 0 0 1 0 1 0 -3 0 0 0 53 8 47 0 54 5 49 0

SK 41 2 34 6 -3 -2 -1 0 -0 0 -0 0 -3 -2 -1 0 3 36 0 33 0 33 0 6 3 3 0 8 2 1 6 6 0 0 0 1 0 1 0 5 0 0 0 47 2 34 6 37 1 36 0

BU 23 -2 9 17 -5 2 1 -8 -7 0 1 -8 2 2 -0 0 3 12 13 23 0 10 13 5 3 2 0 0 -2 -1 4 3 0 0 0 0 0 0 0 3 0 0 0 26 -2 9 17 23 5 13 5

IE 97 9 38 49 -2 -1 13 -14 -9 0 14 -23 7 -1 -1 9 9 36 50 35 0 29 6 60 9 7 44 62 9 9 43 -1 0 0 0 0 0 0 0 -1 0 0 0 96 9 38 49 93 8 49 36

TOTAL -5 54 599 93 -5 -8 26 -23 -2 0 30 -32 -3 -8 -4 9 54 599 93 596 0 547 49 150 54 52 44 0 0 0 0 0 0 0 0 43 0 43 0 0 0 0 0 -5 54 599 93 784 46 668 70

Retail 9 13 132 70 9 0 25 -16 2 0 27 -25 7 0 -2 9 13 132 70 137 0 111 26 78 13 21 44 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9 13 132 70 224 13 157 54

of which morgages 8 13 82 69 8 0 25 -17 -1 0 25 -26 9 0 -0 9 13 82 69 88 0 63 25 76 13 19 44 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8 13 82 69 172 13 107 52

of which consumer finance 1 0 50 1 1 -0 -0 1 3 0 2 1 -2 -0 -2 -0 0 50 1 49 0 48 1 2 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 50 1 52 -0 50 2

SME -124 8 311 23 -124 -3 -114 -7 -119 0 -112 -7 -5 -3 -2 0 8 311 23 322 0 299 23 20 8 12 -0 0 0 0 0 0 0 0 0 31 0 31 0 0 0 0 0 -124 8 311 23 249 5 228 16

Corporate 110 33 156 0 110 -5 115 -0 115 0 115 0 -5 -5 0 -0 33 156 0 137 0 137 0 52 33 19 0 0 0 0 0 0 0 0 0 12 0 12 0 0 0 0 0 110 33 156 0 311 28 283 0

Input charlotte en aangevuld op basis van CFO map -1102 -12221 -1897 0 92 8 36 35 29 6 85 9

Nakijken impairment excel van Matthias =gt OK

THREE STEP APPROACH TABLES

OPTIMISTIC FIGURES

THIS INCLUDES THE euro150 mln WEIGHTED COVID PART OF THE ACTUALS IN 2Q (CANNOT BE DETERMINED WHAT BASE WOULD BE AND ALSO NO SECTOR SPLIT AVAILABLE)

Management Overlay Performing portfolio impact

by risk sector High risk sectors Medium risk sectors Low risksectors Mortgages amp other retail TOTAL

EUR m 150 100 50 100

KBC Group 146 200 52 86 484

By country

Belgium 90 136 42 17 284

Czech Republic 35 37 4 27 103

Slovakia 10 12 2 6 30

Hungary 10 14 3 10 37

Bulgaria 1 1 1 2 5

Ireland 0 0 0 24 24

PESSIMISTIC FIGURES




EUR m 150 100 50 100

KBC Group 248 337 96 189 870

By country

Belgium 150 222 77 29 478


Slovakia 17 19 4 10 50

Hungary 17 25 5 22 69

Bulgaria 3 5 2 9 19

Ireland 0 0 0 68 68


BASE FIGURES




EUR m 150 100 50 100

KBC Group 175 244 68 124 611

By country

Belgium 111 167 55 21 354


Slovakia 10 13 3 8 34

Hungary 12 17 3 16 48

Bulgaria 2 4 1 7 14

Ireland 0 0 0 32 32

WEIGHTED FIGURES

THIS INCLUDES THE euro150 mln part of the actuals in 2Q

Management Overlay Performing portfolio impact Non-Performing portfolio impact Total1H20

by scenario Optimistic Base Pessimistic Probability Optimistic Base Pessimistic Probability 2Q20 1Q20

EUR m 15 45 40 weigthed 15 45 40 weigthed

KBC Group 484 611 870 696 44 44 167 93 789 746 43

By country

Belgium 285 355 478 393 20 20 20 20 413 378 35

Czech Republic 103 129 186 148 10 10 10 10 158 152 6

Slovakia 30 34 50 40 0 0 0 0 40 39 1

Hungary 37 48 69 55 0 0 0 0 55 54 1

Bulgaria 5 14 19 15 13 13 13 13 28 28 na

Ireland 24 32 68 45 1 1 124 50 95 95 na

WEIGHTED FIGURES

FINAL COLUMN EXCLUDES THE euro150 mln part of the actuals in 2Q

Management Overlay Performing portfolio impact Non-Performing portfolio impact Total1H20 Total2Q20

by scenario Optimistic Base Pessimistic Probability Optimistic Base Pessimistic Probability 2Q20 1Q20 Normal process Overlay


KBC Group 484 611 870 696 44 44 167 93 789 746 43 746 150 596

By country

Belgium 285 355 478 393 20 20 20 20 413 378 35 378 49 329

Czech Republic 103 129 186 148 10 10 10 10 158 152 6 152 17 135

Slovakia 30 34 50 40 0 0 0 0 40 39 1 39 6 33

Hungary 37 48 69 55 0 0 0 0 55 54 1 54 13 41

Bulgaria 5 14 19 15 13 13 13 13 28 28 na 28 5 23

Ireland 24 32 68 45 1 1 124 50 95 95 na 95 60 35

Total PampL impairments - per stagecountry

1Q 2020 1Q20 1H2020

Impairment on financial assets at AC and at FVOCI Total per stage COLLECTIVE Covid-19 ECL Management overlay 150m - ECL models Business-as-usual Impairment on financial assets at AC and at FVOCI Total per stage of which COVID Business-as-usual Impairment on financial assets at AC and at FVOCI Total per stage of which COVID-19 ECL

(EUR m) Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3

TOTAL 121 8 48 65 43 0 43 0 43 0 43 0 78 8 5 65 0 121 0 0 0 43 0 43 0 78 0 0 0 242 8 48 65 86 0 86 0

of which

BE 116 6 42 69 35 0 35 0 35 0 35 0 81 6 7 69 116 0 0 0 35 0 35 0 81 0 0 0 232 6 42 69 70 0 70 0

CR 8 2 3 2 6 0 6 0 6 0 6 0 2 2 -3 2 8 0 0 0 6 0 6 0 2 0 0 0 16 2 3 2 12 0 12 0

HU -2 0 3 -4 1 0 1 0 1 0 1 0 -3 0 2 -4 -2 0 0 0 1 0 1 0 -3 0 0 0 -4 0 3 -4 2 0 2 0

SK 6 0 2 3 1 0 1 0 1 0 1 0 5 0 1 3 6 0 0 0 1 0 1 0 5 0 0 0 12 0 2 3 2 0 2 0

BU 3 0 0 3 0 0 0 0 0 0 0 0 3 0 0 3 3 0 0 0 0 0 0 0 3 0 0 0 6 0 0 3 0 0 0 0

IE -1 0 1 -3 0 0 0 0 0 0 0 0 -1 0 1 -3 -1 0 0 0 0 0 0 0 -1 0 0 0 -2 0 1 -3 0 0 0 0

2Q 2020 1Q20 1H2020



TOTAL 845 53 619 173 746 54 599 93 596 0 547 49 150 54 52 44 99 -1 20 80 0 121 0 0 0 43 0 43 0 78 0 0 0 966 53 619 173 789 54 642 93

of which

BE 458 29 338 91 378 23 335 20 329 0 309 20 49 23 26 0 80 6 3 71 116 0 0 0 35 0 35 0 81 0 0 0 574 29 338 91 413 23 370 20

CR 170 7 154 10 152 9 133 10 135 0 125 10 17 9 8 0 18 -2 21 0 8 0 0 0 6 0 6 0 2 0 0 0 178 7 154 10 158 9 139 10

HU 55 8 47 0 54 7 47 0 41 0 41 0 13 7 6 0 1 1 0 0 -2 0 0 0 1 0 1 0 -3 0 0 0 53 8 47 0 55 7 48 0

SK 41 2 34 6 39 3 36 0 33 0 33 0 6 3 3 0 2 -1 -2 6 6 0 0 0 1 0 1 0 5 0 0 0 47 2 34 6 40 3 37 0

BU 23 -2 9 17 28 3 12 13 23 0 10 13 5 3 2 0 -5 -5 -3 4 3 0 0 0 0 0 0 0 3 0 0 0 26 -2 9 17 28 3 12 13

IE 97 9 38 49 95 9 36 50 35 0 29 6 60 9 7 44 2 0 2 -1 -1 0 0 0 0 0 0 0 -1 0 0 0 96 9 38 49 95 9 36 50

7 81 12

3Q 2020 1Q20 1H2020 ZIE CFO map -S3 - Impairments detail

Impairment on financial assets at AC and at FVOCI Total per stage COLLECTIVE Covid-19 ECL Management overlay 147m - ECL models Business-as-usual Impairment on financial assets at AC and at FVOCI Total per stage of which COVID Business-as-usual Impairment on financial assets at AC and at FVOCI Total per stage of which COVID-19 ECL Nakijken impairment excel van Matthias =gt OK


TOTAL 52 6 36 10 -5 -8 26 -23 -2 0 30 -32 -3 -8 -4 9 57 14 10 33 0 121 0 0 0 43 0 43 0 78 0 0 0 173 6 36 10 38 -8 69 -23

of which

BE 41 12 11 18 -3 -2 -1 0 -2 0 -2 0 -1 -2 1 0 44 14 12 18 116 0 0 0 35 0 35 0 81 0 0 0 157 12 11 18 32 -2 34 0

CR 15 -6 12 9 9 -3 13 -1 13 0 14 -1 -4 -3 -1 0 6 -3 -1 10 8 0 0 0 6 0 6 0 2 0 0 0 23 -6 12 9 15 -3 19 -1

HU -3 -1 2 -4 -1 -2 1 0 3 0 3 0 -4 -2 -2 0 -2 1 1 -4 -2 0 0 0 1 0 1 0 -3 0 0 0 -5 -1 2 -4 0 -2 2 0

SK -5 -2 -3 0 -3 -2 -1 0 -0 0 -0 0 -3 -2 -1 0 -2 -0 -2 0 6 0 0 0 1 0 1 0 5 0 0 0 1 -2 -3 0 -2 -2 -0 0

BU 2 2 2 -1 -5 2 1 -8 -7 0 1 -8 2 2 -0 0 7 0 1 7 3 0 0 0 0 0 0 0 3 0 0 0 5 2 2 -1 -5 2 1 -8

IE 0 0 13 -14 -2 -1 13 -14 -9 0 14 -23 7 -1 -1 9 2 1 -0 0 -1 0 0 0 0 0 0 0 -1 0 0 0 -1 0 13 -14 -2 -1 13 -14

PampL impairments - per segmentsector 30Jun2020 31Mar2020

PampLimpairments Total per stage Management overlay Business-as-usual PampLimpairments Total per stage Management overlay Business-as-usual

30Jun2020 (EUR m) Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3

PampLimpairments COVID 19 impact TOTAL 0 0 0 0 596 0 547 49 0 0 0 0 0 0 0 0 43 0 43 0 0 0 0 0

(EUR m) TOTAL Stage 1 Stage 2 Stage 3 BE 0 0 0 0 329 0 309 20 0 0 0 0 0 0 0 0 35 0 35 0 0 0 0 0

TOTAL 0 746 0 653 93 CR 0 0 0 0 135 0 125 10 0 0 0 0 0 0 0 0 6 0 6 0 0 0 0 0

BE 0 378 0 358 20 HU 0 0 0 0 41 0 41 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0

CR 0 152 0 142 10 SK 0 0 0 0 33 0 33 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0

HU 0 54 0 54 0 BU 0 0 0 0 23 0 10 13 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

SK 0 39 0 39 0 IE 0 0 0 0 35 0 29 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

BU 0 28 0 15 13

IE 0 95 0 45 50 TOTAL 0 0 0 0 596 0 547 49 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Retail 0 0 0 0 137 0 111 26 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

TOTAL 0 746 0 653 93 of which morgages 0 0 0 0 88 0 63 25 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Retail 0 215 0 145 70 of which consumer finance 0 0 0 0 49 0 48 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

of which morgages 0 164 0 95 69 SME 0 0 0 0 322 0 299 23 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

of which consumer finance 0 51 0 50 1 Corporate 0 0 0 0 137 0 137 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

SME 0 361 0 338 23

Corporate 0 170 0 170 0

EXCL THE euro150 mln part of the actuals in 2Q

WEIGHTED FIGURES



2Q 2020 1Q20 1H2020

Collective COVID-19 ECL Impairment on financial assets at AC and at FVOCI Total per stage COLLECTIVE Covid-19 ECL Management overlay 150m - ECL models Business-as-usual Impairment on financial assets at AC and at FVOCI Total per stage of which COVID Business-as-usual Impairment on financial assets at AC and at FVOCI Total per stage of which COVID-19 ECL


TOTAL 845 53 619 173 746 54 599 93 596 0 547 49 150 54 52 44 248 53 73 124 0 121 0 0 0 43 0 43 0 78 0 0 0 966 53 619 173 789 54 642 93

BE 458 29 338 91 378 23 335 20 329 0 309 20 49 23 26 0 129 29 29 71 116 0 0 0 35 0 35 0 81 0 0 0 574 29 338 91 413 23 370 20

CR 170 7 154 10 152 9 133 10 135 0 125 10 17 9 8 0 35 7 29 0 8 0 0 0 6 0 6 0 2 0 0 0 178 7 154 10 158 9 139 10

HU 55 8 47 0 54 7 47 0 41 0 41 0 13 7 6 0 14 8 6 0 -2 0 0 0 1 0 1 0 -3 0 0 0 53 8 47 0 55 7 48 0

SK 41 2 34 6 39 3 36 0 33 0 33 0 6 3 3 0 8 2 1 6 6 0 0 0 1 0 1 0 5 0 0 0 47 2 34 6 40 3 37 0

BU 23 -2 9 17 28 3 12 13 23 0 10 13 5 3 2 0 0 -2 -1 4 3 0 0 0 0 0 0 0 3 0 0 0 26 -2 9 17 28 3 12 13

IE 97 9 38 49 95 9 36 50 35 0 29 6 60 9 7 44 62 9 9 43 -1 0 0 0 0 0 0 0 -1 0 0 0 96 9 38 49 95 9 36 50

TOTAL 746 54 599 93 746 54 599 93 596 0 547 49 150 54 52 44 0 0 0 0 0 0 0 0 43 0 43 0 0 0 0 0 746 54 599 93 789 54 642 93

Retail 215 13 132 70 215 13 132 70 137 0 111 26 78 13 21 44 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 215 13 132 70 215 13 132 70

of which morgages 164 13 82 69 164 13 82 69 88 0 63 25 76 13 19 44 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 164 13 82 69 164 13 82 69

of which consumer finance 51 0 50 1 51 0 50 1 49 0 48 1 2 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 51 0 50 1 51 0 50 1

SME 342 8 311 23 342 8 311 23 322 0 299 23 20 8 12 -0 0 0 0 0 0 0 0 0 31 0 31 0 0 0 0 0 342 8 311 23 373 8 342 23

Corporate 189 33 156 0 189 33 156 0 137 0 137 0 52 33 19 0 0 0 0 0 0 0 0 0 12 0 12 0 0 0 0 0 189 33 156 0 201 33 168 0

Input charlotte en aangevuld op basis van CFO map 7 80 12 0 92 8 36 35 29 7 81 12


458 ok

Collective Covid-19 ECL - per segmentsector

1Q2020 2Q2020 3Q2020 9M20 9M20

Management overlay Covid-19 ECL Management overlay ECL models (MEV) Covid-19 ECL Management overlay ECL models (MEV) Covid-19 ECL Covid-19 ECL

(EUR m) TOTAL Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3 TOTAL Stage 1 Stage 2 Stage 3 Man Overlay models(MEV) stage 1 stage 2 stage 3

TOTAL 43 0 43 0 0 746 54 599 93 596 0 547 49 150 54 52 44 -5 -8 26 -23 -2 0 30 -32 -3 -8 -4 9 784 46 668 70 637 147 46 48 53 9M MEV per stage

BE 35 0 35 0 378 23 335 20 329 0 309 20 49 23 26 0 -3 -2 -1 0 -2 0 -2 0 -1 -2 1 0 410 21 369 20 362 48 31 33 36

CR 6 0 6 0 152 9 133 10 135 0 125 10 17 9 8 0 9 -3 13 -1 13 0 14 -1 -4 -3 -1 0 167 6 152 9 154 13

HU 1 0 1 0 54 7 47 0 41 0 41 0 13 7 6 0 -1 -2 1 0 3 0 3 0 -4 -2 -2 0 54 5 49 0 45 9

SK 1 0 1 0 39 3 36 0 33 0 33 0 6 3 3 0 -3 -2 -1 0 -0 0 -0 0 -3 -2 -1 0 37 1 36 0 34 3

BU 0 0 0 0 28 3 12 13 23 0 10 13 5 3 2 0 -5 2 1 -8 -7 0 1 -8 2 2 -0 0 23 5 13 5 16 7

IE 0 0 0 0 95 9 36 50 35 0 29 6 60 9 7 44 -2 -1 13 -14 -9 0 14 -23 7 -1 -1 9 93 8 49 36 26 67

TOTAL 43 0 43 0 746 54 599 93 596 0 547 49 150 54 52 44 -5 -8 26 -23 -2 0 30 -32 -3 -8 -4 9 784 46 668 70 637 147

Retail 0 0 0 0 215 13 132 70 137 0 111 26 78 13 21 44 9 0 25 -16 2 0 27 -25 7 0 -2 9 224 13 157 54 139 85

mortgages 0 0 0 0 164 13 82 69 88 0 63 25 76 13 19 44 8 0 25 -17 -1 0 25 -26 9 0 -0 9 172 13 107 52 87 86

consumer fin 0 0 0 0 51 0 50 1 49 0 48 1 2 0 2 0 1 -0 -0 1 3 0 2 1 -2 -0 -2 -0 52 -0 50 2 52 0

SME 31 0 31 0 342 8 311 23 322 0 299 23 20 8 12 -0 -124 -3 -114 -7 -119 0 -112 -7 -5 -3 -2 0 249 5 228 16 234 15

Corporate 12 0 12 0 189 33 156 0 137 0 137 0 52 33 19 0 110 -5 115 -0 115 0 115 0 -5 -5 0 -0 311 28 283 0 264 47

Stage 0 100 0 0 7 80 12 6 85 9


9M20 Performing portfolio impact Non-Performing portfolio Total9M20 3Q20 2Q20 1Q20

Optimistic Base Pessimistic Probability 1Q20

EUR m 15 45 40 weighted

KBC Group 471 621 908 714 70 784 -5 746 43

By country

Belgium 300 366 450 390 20 410 -3 378 35

Czech Republic 95 143 198 158 9 167 9 152 6

Slovakia 23 30 50 37 0 37 -3 39 1

Hungary 24 38 82 54 0 54 -1 54 1

Bulgaria 7 16 25 18 5 23 -5 28 na

Ireland 22 28 103 57 36 93 -2 95 na

versus 6M20 484 611 870 696 93 789

6M20 Performing portfolio impact Non-Performing portfolio Total1H20

Optimistic Base Pessimistic Probability


KBC Group 484 611 870 696 93 789

By country

Belgium 285 355 478 393 20 413

Czech Republic 103 129 186 148 10 158

Slovakia 30 34 50 40 0 40

Hungary 37 48 69 55 0 55

Bulgaria 5 14 19 15 13 28

Ireland 24 32 68 45 50 95

Delta 9M vs 6M Performing portfolio impact Non-Performing portfolio Total1H20



KBC Group -13 10 38 18 -23 -5

By country

Belgium 15 11 -28 -3 0 -3

Czech Republic -8 14 12 10 -1 9

Slovakia -7 -4 -0 -3 0 -3

Hungary -13 -10 13 -1 0 -1

Bulgaria 2 2 6 4 -8 -5

Ireland -2 -4 35 12 -14 -2

SEPTEMBER 2020 versus JUNE 2020

COVID-19 ECL sector driven - per scenario COVID-19 ECL sector driven - per scenario

KBC Group Performing portfolio KBC Group Performing portfolio

High risk sectors Medium risk sectors Low risksectors Mortgages amp other retail TOTAL High risk sectors Medium risk sectors Low risksectors Mortgages amp other retail TOTAL

EUR m 150 100 50 EUR m 150 100 50

Base-case scenario 225 204 61 131 621 Base-case scenario 175 244 68 124 611

Optimistic scenario 173 156 47 95 471 Optimistic scenario 146 200 52 86 484

Pessimistic scenario 305 282 80 241 908 Pessimistic scenario 248 337 96 189 870

DIFF qoq 50 -40 -7 7 9

COVID-19 ECL per country - per scenario COVID-19 ECL per country - per scenario

Performing portfolio impact Non-Performing portfolio Total9M20 Quarterly Performing portfolio impact Non-Performing portfolio Total1H20

Optimistic Base Pessimistic Probability 3Q20 2Q20 1Q20 Optimistic Base Pessimistic Probability 2Q20 1Q20

EUR m 15 45 40 weigthed EUR m 15 45 40 weigthed

KBC Group 471 621 908 714 70 784 -5 746 43 KBC Group 484 611 870 696 93 789 746 43

By country By country

Belgium 300 366 450 390 20 410 -3 378 35 Belgium 285 355 478 393 20 413 378 35

Czech Republic 95 143 198 158 9 167 9 152 6 Czech Republic 103 129 186 148 10 158 152 6

Slovakia 23 30 50 37 0 37 -3 39 1 Slovakia 30 34 50 40 0 40 39 1

Hungary 24 38 82 54 0 54 -1 54 1 Hungary 37 48 69 55 0 55 54 1

Bulgaria 7 16 25 18 5 23 -5 28 na Bulgaria 5 14 19 15 13 28 28 na

Ireland 22 28 103 57 36 93 -2 95 na Ireland 24 32 68 45 50 95 95 na

TOTAL 707 2795 3632 713

714

Belgium 450 1646 1799 3895018

Czech Republic 143 643 792 158

Slovakia 34 135 199 37

Hungary 37 172 327 54

Bulgaria 10 71 101 18

Ireland 33 124 414 57

707 2795 3632 7133

714

COVID-19 ECL sector driven - per scenario

KBC Group Performing portfolio

Base-case scenario High risk sectors Medium risk sectors Low risksectors Mortgages amp other retail TOTAL

EUR m 150 100 50

9M20

Base-case scenario 225 204 61 131 621

Optimistic scenario 173 156 47 95 471

Pessimistic scenario 305 282 80 241 908

6M20




Delta 9M20 vs 6M20

Base-case scenario 50 -40 -7 7 9

Optimistic scenario 27 -44 -5 9 -13

Pessimistic scenario 57 -55 -16 52 38

Netto is er een beweging van 1-gt2 van 54 en van 12 naar 3 van 112 over het totaal van Banks corp SME mtg Other retail en alle entiteiten waar we de overlay voor berekend hebben

Before After Evolution

S1 166247886264 157258449789 -8989436475 -54 EAD ltgt GCA =gt stress testing UBB SK lease

S2 15805019184 22760171724 6955152540

S3 5645003706 7679235928 2034232221 112

Als we de bewegingen bekijken

8 van S1 beweegt naar S2

Maar 31 van S2 beweegt naar S1

Netto een beweging 1-gt2 van 54

Current scenario

Stage Distribution GCA Impairments Coverage ratio

Stage 1 8540 153166 200 013

Stage 2 1130 20176 921 456

Stage 3 340 6024 2696 4475

Total 100 179366 3817

As if stage migration would have applied (assumption EAD change = GCA change)

Stage 2 +5 points and Stage 3 +1 point


Stage 1 7930 142237 200 014

Stage 2 1630 29237 921 315

Stage 3 440 7892 2696 3416

Total 100 179366 3817

2Q2020




S2 15805019184 22760171724 6955152540

S3 5645003706 7679235928 2034232221 112

3Q2020



S1 162650525783 154636663634 -8013862149 -49 from S1-gt S2 EAD ltgt GCA =gt stress testing UBB SK lease

S2 16715664663 22479425459 5763760796

S3 6236744126 8486799696 2250055570 13 From S1ampS2-gt S3

Current scenario


Stage 1 8540 153166 200 013

Stage 2 1130 20176 921 456

Stage 3 340 6024 2696 4475

Total 100 179366 3817




Stage 1 7930 142237 200 014

Stage 2 1630 29237 921 315

Stage 3 440 7892 2696 3416

Total 100 179366 3817

INPUT Carl - vraag FITCH - wordt opgeleverd voor 3Q eind oktober door Marketa Pellantova

EAD breakdown of the 2Q non-retail portfolio used in the calculation of the overlay - does not include UBB - does not include SK Lease - only to be used as verdeelsleutel for the GCA of Jos BU is not available since it is not in the IST-tool - row 8 contains the GCA distribution of the non-retail portfolio used in the local calculation of the overlay (no details available)

KBC Group BU BE BU CR HU SK BU IE




SMECORP of which 20 49 31

28 services 18022651753 3219536638 18 9036306768 50 5766808347 32 16514669782 2902176805 18 8307768647 50 5304724330 32 1116590805 239620721 21 511267464 46 365702621 33 280315566 70736719 25 142021358 51 67557489 24 111075599 7002392 6 75249300 68 28823907 26 0

21 distibution 11733410419 4744785205 40 3008640897 26 3979984317 34 8978653306 3829397262 43 2290642777 26 2858613267 32 1861275772 688298890 37 524272096 28 648704786 35 509657672 119159725 23 122514867 24 267983080 53 383823670 107929329 28 71211157 19 204683184 53 0

NEW 3Q 27 real estate 11894058273 3128110453 26 7414413226 62 1351534594 11 8600865196 2251324338 26 5199885084 60 1149655774 13 2237035423 520092891 23 1552854344 69 164088188 7 505961547 179200885 35 302011420 60 24749243 5 549725972 177100094 32 359584489 65 13041390 2 470134 392245 83 77890 17 0

20 building amp construction 6438180970 943037183 15 5495143787 85 0 0 5237874893 815105704 16 4422769189 84 0 0 813055589 89419893 11 723635696 89 0 0 192395213 25781133 13 166614080 87 0 0 194855276 12730453 7 182124823 93 0 0 0

1 agriculture farming fishing 4947764476 0 0 4947764476 100 0 0 4093171532 0 0 4093171532 100 0 0 442575640 0 0 442575640 100 0 0 381449515 0 0 381449515 100 0 0 30567788 0 0 30567788 100 0 0 0

NEW 3Q 10 automotive 4258374704 3455755362 81 802619342 19 0 0 2402118699 1982035093 83 420083606 17 0 0 1285856394 1032657597 80 253198797 20 0 0 271340392 244320814 90 27019578 10 0 0 299059218 196741858 66 102317361 34 0 0 0

13 food producers 2939245018 0 0 509342438 17 2429902580 83 2502824569 0 0 495808013 20 2007016556 80 168945121 0 0 9328521 6 159616599 94 211531211 0 0 2685078 1 208846133 99 55944118 0 0 1520826 3 54423292 97 0

3 electricity 2800851831 0 0 2800851831 100 0 0 1904319288 0 0 1904319288 100 0 0 313147066 0 0 313147066 100 0 0 305187645 0 0 305187645 100 0 0 278197832 0 0 278197832 100 0 0 0

NEW 3Q 6 metals 2425052155 1846067276 76 510046483 21 68938395 3 1725196947 1344913633 78 348639081 20 31644233 2 491138614 322187656 66 134067955 27 34883003 7 113432892 96110265 85 14911468 13 2411159 2 95283701 82855721 87 12427980 13 0 0 0

NEW 3Q 5 chemicals 2262624218 832709 0 1764062608 78 497728901 22 1830496419 832709 0 1383983577 76 445680134 24 178404295 0 0 154718787 87 23685508 13 204517117 0 0 176296061 86 28221056 14 49206386 0 0 49064183 100 142203 0 0

NEW 3Q 7 machinery amp heavy equipment 1414795397 773123287 55 641672109 45 0 0 912289729 522215304 57 390074426 43 0 0 416671325 204492355 49 212178970 51 0 0 41987103 20620659 49 21366444 51 0 0 43847240 25794970 59 18052270 41 0 0 0

11 shipping 1566701514 1566701514 100 0 0 0 0 1550831094 1550831094 100 0 0 0 0 7182683 7182683 100 0 0 0 0 8478866 8478866 100 0 0 0 0 208871 208871 100 0 0 0 0 0

23 horeca 1327077845 1327077845 100 0 0 0 0 1114169750 1114169750 100 0 0 0 0 145643074 145643074 100 0 0 0 0 58181775 58181775 100 0 0 0 0 9083247 9083247 100 0 0 0 0 0

22 traders 1012808458 309097398 31 671384002 66 32327059 3 888984720 238713410 27 620949417 70 29321893 3 84578635 61559324 73 22468262 27 551048 1 25103930 3865676 15 20902208 83 336046 1 14141174 4958988 35 7064115 50 2118072 15 0

NEW 3Q 2 oil gas amp other fuels 1226913704 354169921 29 871944940 71 798843 0 413880331 60775108 15 352306380 85 798843 0 521719137 58312264 11 463406872 89 0 0 128988953 127095507 99 1893446 1 0 0 162325284 107987042 67 54338242 33 0 0 0

NEW 3Q 16 textile amp apparel 841785826 363587266 43 447303890 53 30894670 4 629033185 341475594 54 258702090 41 28855501 5 180244040 9145452 5 170010919 94 1087669 1 18875354 8394414 44 9587399 51 893541 5 13633247 4571806 34 9003482 66 57959 0 0

NEW 3Q 9 electrotechnics 972774712 831162566 85 141612146 15 0 0 636678232 554775593 87 81902639 13 0 0 208932058 186776920 89 22155138 11 0 0 93258872 65782576 71 27476295 29 0 0 33905550 23827476 70 10078074 30 0 0 0

Corporates lt 05

17 timber amp wooden furniture 732505265 0 0 732505265 100 0 0 499081399 0 0 499081399 100 0 0 182561054 0 0 182561054 100 0 0 26422974 0 0 26422974 100 0 0 24439839 0 0 24439839 100 0 0 0

14 beverages 590058725 0 0 587706928 100 2351798 0 319572326 0 0 318302046 100 1270280 0 246039846 0 0 245830777 100 209069 0 17020124 0 0 16147675 95 872449 5 7426429 0 0 7426429 100 0 0 0

4 water 556195915 0 0 0 0 556195915 100 247217462 0 0 0 0 247217462 100 79531309 0 0 0 0 79531309 100 96710361 0 0 0 0 96710361 100 132736782 0 0 0 0 132736782 100 0

18 paper amp pulp 324243316 0 0 2401493 1 321841823 99 257633391 0 0 2320373 1 255313018 99 35458901 0 0 81120 0 35377781 100 25863186 0 0 0 0 25863186 100 5287838 0 0 0 0 5287838 100 0

NEW 3Q 19 media 496287439 5831199 1 462497954 93 27958286 6 312184066 4925680 2 301671619 97 5586767 2 155702775 119905 0 133257388 86 22325481 14 7623389 785614 10 6791738 89 46038 1 20777209 0 0 20777209 100 0 0 0

24 telecom 402989688 0 0 0 0 402989688 100 196559277 0 0 0 0 196559277 100 135167412 0 0 0 0 135167412 100 11246828 0 0 0 0 11246828 100 60016171 0 0 0 0 60016171 100 0

12 aviation 340719009 340719009 100 0 0 0 0 221856910 221856910 100 0 0 0 0 39698022 39698022 100 0 0 0 0 78974801 78974801 100 0 0 0 0 189276 189276 100 0 0 0 0 0

NEW 3Q 25 consumer products 271256223 126864863 47 136978362 50 7412998 3 228130091 120083518 53 104869542 46 3177031 1 21509341 5056349 24 15862548 74 590444 3 13532603 801254 6 9085826 67 3645523 27 8084189 923742 11 7160446 89 0 0 0

NEW 3Q 8 IT 320269316 85443678 27 233512805 73 1312834 0 268759183 73319817 27 194140951 72 1298415 0 32643338 3324021 10 29305024 90 14293 0 5090436 1661549 33 3428762 67 125 0 13776359 7138290 52 6638068 48 0 0 0

15 tobacco 29688 0 0 0 0 29688 100 29688 0 0 0 0 29688 100 0 0 0 0 0 0 0 0 0 0 0 0 0

31 sector unknown 1296764966 -0 -0 1296764966 100 0 0 780910398 0 0 780910398 100 0 0 477868209 -0 -0 477868209 100 0 0 5887271 -0 -0 5887271 100 0 0 32099088 0 0 32099088 100 0 0 0

33120 33120 33120 33120 33120 33120 33120 33120 33120 33120 63020 63020 63020 63020 63020 33120 33120 33120 33120 33120

Gross carrying amount - per sector and per stage

31Dec2019 31Mar2020 30Jun2020 30Sep2020

Gross carrying amount share Gross carrying amount share Gross carrying amount share Gross carrying amount share q-o-q DELTA

(EUR m) Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 Balance share Stage 1 Stage 2 Stage 3

SMECORP ltgt SMECORP of which 102284 583 83767 14702 3816 107726 599 89815 14282 3629 106115 592 87313 15005 3796 104421 584 85520 15324 3577 -1694 -08 -1793 319 -220

SMECORP S_28 28 services 19158 109 16178 2495 485 19235 107 16210 2600 424 19317 108 16029 2822 465 19248 108 15823 2958 467 -106115 -00 -206 136 2

SMECORP S_21 21 distibution 12818 73 8952 2721 1146 12663 70 8961 2620 1082 12220 68 8552 2548 1120 12158 68 8407 2693 1058 -106115 -00 -145 145 -62

SMECORP S_27 27 real estate 11231 64 9376 1376 479 11281 63 9526 1294 461 11343 63 9427 1435 481 11318 63 9364 1476 478 -106115 00 -63 40 -2

SMECORP S_20 20 building amp construction 6819 39 5294 1255 269 6849 38 5312 1279 258 7321 41 5808 1220 293 7057 39 5566 1209 283 -106115 -01 -242 -12 -11

SMECORP S_1 1 agriculture farming fishing 4717 27 4004 567 146 4732 26 4042 551 138 4810 27 4098 568 144 4900 27 4159 601 140 -106115 01 60 33 -4

SMECORP S_10 10 automotive 4625 26 3698 820 106 4634 26 3722 802 111 4583 26 3406 1049 129 4517 25 3324 1046 146 -106115 -00 -81 -3 18

SMECORP S_13 13 food producers 2968 17 2249 610 109 3010 17 2367 522 121 3042 17 2401 545 96 3063 17 2419 548 96 -106115 00 18 3 0

SMECORP S_3 3 electricity 2791 16 2472 198 122 2787 16 2500 179 107 2729 15 2418 204 107 2788 16 2496 205 88 -106115 00 79 0 -19

SMECORP S_6 6 metals 2466 14 1599 657 211 2683 15 1815 664 204 2640 15 1734 655 251 2582 14 1711 738 133 -106115 -00 -23 83 -118

SMECORP S_5 5 chemicals 2211 13 1623 545 43 2430 14 1828 556 46 2448 14 1870 533 45 2440 14 1919 474 46 -106115 -00 49 -59 1

SMECORP S_7 7 machinery amp heavy equipment 1822 10 1275 429 118 1845 10 1271 456 118 1762 10 1150 499 114 1699 10 1066 519 114 -106115 -00 -84 20 1

SMECORP S_11 11 shipping 1485 08 1257 207 22 1567 09 1409 139 20 1366 08 1223 122 21 1274 07 1083 171 20 -106115 -00 -141 49 -1

SMECORP S_23 23 horeca 1228 07 914 214 101 1236 07 883 253 101 1283 07 837 342 104 1282 07 892 324 66 -106115 00 54 -18 -38

SMECORP S_22 22 traders 1002 06 667 255 81 1109 06 814 218 77 873 05 590 203 79 848 05 598 172 77 -106115 -00 8 -31 -2

SMECORP S_2 2 oil gas amp other fuels 1078 06 985 74 18 1073 06 983 73 16 1049 06 958 74 17 957 05 871 70 16 -106115 -00 -87 -4 -0

SMECORP S_16 16 textile amp apparel 974 06 716 219 39 1060 06 787 244 29 932 05 668 235 29 804 04 598 180 27 -106115 -01 -70 -55 -2

SMECORP S_9 9 electrotechnics 964 05 774 122 68 1022 06 826 145 51 970 05 767 157 46 908 05 753 110 45 -106115 -00 -14 -47 -1

Corporates lt 05

SMECORP S_17 17 timber amp wooden furniture 755 04 539 169 47 752 04 547 167 38 747 04 512 187 48 699 04 470 180 49 -106115 -00 -42 -6 0

SMECORP S_14 14 beverages 730 04 566 148 16 685 04 559 111 15 717 04 576 131 10 703 04 535 158 9 -106115 -00 -41 27 -0

SMECORP S_4 4 water 451 03 413 36 2 451 03 417 33 1 509 03 475 32 1 487 03 451 35 1 -106115 -00 -24 2 -0

SMECORP S_18 18 paper amp pulp 445 03 308 130 7 441 02 310 122 8 424 02 330 85 10 404 02 255 142 6 -106115 -00 -74 58 -4

SMECORP S_19 19 media 467 03 416 40 11 427 02 363 54 10 502 03 458 36 8 509 03 467 35 7 -106115 00 9 -1 -1

SMECORP S_24 24 telecom 415 02 390 22 3 400 02 373 24 3 408 02 341 64 3 343 02 306 34 3 -106115 -00 -35 -30 -0

SMECORP S_12 12 aviation 290 02 248 35 7 356 02 332 19 6 345 02 304 29 12 333 02 263 58 11 -106115 -00 -41 29 -0

SMECORP S_25 25 consumer products 278 02 248 27 3 291 02 260 28 3 270 02 207 60 3 267 01 248 17 3 -106115 -00 41 -44 -0

SMECORP S_8 8 IT 281 02 226 51 5 283 02 229 49 5 302 02 237 60 5 282 02 225 52 5 -106115 -00 -12 -9 0

SMECORP S_15 15 tobacco 0 00 0 0 0 0 00 0 0 0 0 00 0 0 0 0 00 0 0 0 -106115 00 -0 0 0

SMECORP S_31 31 sector unknown 1256 07 592 597 67 1196 07 588 528 80 1211 07 624 508 79 1146 06 553 496 97 -106115 -00 -71 -12 18

Gross carrying amount - per risk sector (sector als sleutel gebruikt - zie info Charlotte)

30Jun2020 31Mar2020 CHECK

High risk Medium risk Low risk Gross carrying amount share COVID-19 overlay DELTA Sum sector GCA per risk vs total GCA

(EUR m) Gross carrying amount GCA of the sector vs TOTAL GCA GCA of the sector vs TOTAL GCA GCA of the sector vs TOTAL GCA Stage 1 Stage 2 Stage 3 GCA (zonder BU IE obv 4Q gegevens) vs sector vs total Balance 1793655620228 outstanding

SMECORP of which 106115 21229 20 47245 45 37641 35 107662 599 5568 52 -1547 00 0 sector June - see additional info Jos

28 services (entertainement amp leisure) 19317 2126 110 20 11259 583 106 5932 307 56 19235 107 745 4 07 82 1000 0 108

21 distibution (retail) 12220 4911 402 46 3154 258 30 4154 340 39 12663 70 2220 18 21 -443 1000 0 68

27 real estate (commercial) 11343 3091 272 29 7110 627 67 1142 101 11 11281 63 61 1000 0 63

20 building amp construction 7321 0 00 00 7321 1000 69 0 00 00 6849 38 472 1000 -0 41

1 agriculture farming fishing 4810 0 00 00 4810 1000 45 0 00 00 4732 26 78 1000 -0 27

10 automotive 4583 3723 812 35 860 188 08 0 00 00 4634 26 -51 1000 0 26

13 food producers 3042 0 00 00 559 184 05 2483 816 23 3010 17 32 1000 0 17

3 electricity 2729 0 00 00 2729 1000 26 0 00 00 2787 16 -58 1000 0 15

6 metals 2640 1510 572 14 1046 396 10 84 32 01 2683 15 -43 1000 0 15

5 chemicals 2448 1 00 00 2074 847 20 373 152 04 2430 14 17 1000 0 14

7 machinery amp heavy equipment 1762 933 529 09 829 471 08 0 00 00 1845 10 -83 1000 0 10

11 shipping (transport) 1366 1366 1000 13 0 00 00 0 00 00 1567 09 1268 81 12 -201 1000 0 08

23 hotels bars amp restaurants (horeca) 1283 1283 1000 12 0 00 00 0 00 00 1236 07 1046 85 10 47 1000 -0 07

22 traders 873 262 300 02 596 683 06 14 16 00 1109 06 -237 1000 0 05

2 oil gas amp other fuels 1049 242 230 02 807 769 08 1 01 00 1073 06 -24 1000 0 06

16 textile amp apparel 932 380 408 04 464 498 04 88 95 01 1060 06 -128 1000 -0 05

9 electrotechnics 970 835 860 08 136 140 01 0 00 00 1022 06 -52 1000 0 05

Corporates lt 05

17 timber amp wooden furniture 747 0 00 00 747 1000 07 0 00 00 752 04 -5 1000

14 beverages 717 0 00 00 714 995 07 3 05 00 685 04 32 1000

4 water 509 0 00 00 0 00 00 509 1000 05 451 03 58 1000

18 paper amp pulp 424 0 00 00 3 08 00 421 992 04 441 02 -17 1000

19 media 502 6 11 00 464 925 04 32 64 00 427 02 75 1000

24 telecom 408 0 00 00 0 00 00 408 1000 04 400 02 8 1000

12 aviation 345 345 1000 03 0 00 00 0 00 00 356 02 289 81 03 -11 1000

25 consumer products 270 117 431 01 150 554 01 4 14 00 291 02 -21 1000

8 IT 302 99 329 01 203 671 02 0 01 00 283 02 20 1000

15 tobacco 0 0 00 00 0 00 00 0 1000 00 0 00 -0 1000

31 sector unknown 1211 0 00 00 1211 1000 11 -0 -00 -00 1196 07 15 1000

TOT SECTORS 84123 21229 252 47245 562 15649 186

Finance and insurance 15626 0 00 00 0 00 15626 1000 147 16595 -969

Authorities 6366 0 00 00 0 00 6366 1000 60 6567 -201

Retail 73251 71976 1275

of which mortgages 67748 66525 1223

of which consumer finance 5503 5451 52

Authorities 6330 (verschil met totaal opgenomen)

Risk share High risk Medium risk Low Risk

Hotels bars amp restaurants 1000 00 00

Shipping (transportation) 1000 00 00

Metals 572 396 32

Services (entertainement amp leisure) 110 583 307

Real-estate 272 627 101

Automotive 812 188 00

Distribution retail 402 258 340

Gross carrying amount - per segment

30Jun2020 31Mar2020 DELTA

(EUR m) Gross carrying amount Stage 1 Stage 2 Stage 3 Gross carrying amount Stage 1 Stage 2 Stage 3 Gross carrying amount Stage 1 Stage 2 Stage 3

Loan portfolio overview + undrawn 221232 168979 46252 6001 220381 169575 44880 5926 852 -596 1372 76

Retail 78102 70357 5522 2223 76695 69064 5342 2288 1408 1293 180 -65

of which mortgages 70598 63717 4821 2060 69280 62534 4621 2124 1318 1183 200 -64

of which consumer finance 7505 6641 701 163 7415 6530 721 164 90 110 -20 -1

SME 48520 98622 40730 3779 47516 100510 39538 3638 1004 -1888 1192 141 Split niet beschikbaar

Corporate 94610 96170 -1560

Portfolio outstanding 179366 153166 20176 6024 179702 154494 19288 5920 -337 -1328 888 103

Retail 73251 65853 5170 2228 71976 64679 5005 2291 1275 1174 165 -64


of which consumer finance 5503 4897 444 162 5451 4822 467 162 52 75 -23 0


Corporate 67740 69806 -2065

Undrawn 41867 15813 26076 -22 40679 15081 25593 5 1188 732 484 -28

Retail 4851 4504 352 -5 4719 4385 337 -3 133 119 15 -1

SME 10146 11309 25724 -18 9595 10696 25256 8 550 613 469 -26 Split niet beschikbaar

Corporate 26870 26364 505

Portfolio outstanding 179366 153166 20176 6024 220381 169575 44880 5926

Retail 41 37 3 1 40 36 3 1

of which mortgages 38 34 3 1 37 33 3 1

of which consumer finance 3 3 0 0 3 3 0 0

SME 21 49 8 2 21 50 8 2

Corporate 38 0 0 0 39 0 0 0


31mar2020 30Jun2020 30Sep2020 CHECK

Gross carrying amount COVID-19 overlay High risk Medium risk Low risk High risk Medium risk Low risk DELTA Sum sector GCA per risk vs total GCA

(EUR m) GCA (zonder BU IE obv 4Q gegevens) vs total Gross carrying amount GCA of the sector vs TOTAL GCA GCA of the sector vs TOTAL GCA GCA of the sector vs TOTAL GCA Gross carrying amount GCA of the sector vs TOTAL GCA GCA of the sector vs TOTAL GCA GCA of the sector vs TOTAL GCA GCA

SMECORP of which 107726 5568 52 106115 21229 20 47245 45 37641 35 104421 23679 23 43299 41 37443 36 -1694

28 services (entert leisure amp retirem =3Q) 19235 745 07 19317 2126 110 20 11259 583 106 5932 307 56 19248 3439 179 33 9651 501 92 6159 320 59 -68 1000 0

21 distibution (retail) 12663 2220 21 12220 4911 402 46 3154 258 30 4154 340 39 12158 4917 404 47 3118 256 30 4124 339 39 -61 1000 0

27 real estate (commercial) 11281 11343 3091 272 29 7110 627 67 1142 101 11 11318 2977 263 29 7055 623 68 1286 114 12 -25 1000 0

20 building amp construction (NEW 3Q) 6849 7321 0 00 00 7321 1000 69 0 00 00 7057 1034 146 10 6023 854 58 0 00 00 -264 1000 -0

1 agriculture farming fishing 4732 4810 0 00 00 4810 1000 45 0 00 00 4900 0 00 00 4900 1000 47 0 00 00 89 1000 0

10 automotive 4634 4583 3723 812 35 860 188 08 0 00 00 4517 3666 812 35 851 188 08 0 00 00 -67 1000 -0

13 food producers 3010 3042 0 00 00 559 184 05 2483 816 23 3063 0 00 00 531 173 05 2532 827 24 21 1000 0

3 electricity 2787 2729 0 00 00 2729 1000 26 0 00 00 2788 0 00 00 2788 1000 27 0 00 00 60 1000 0

6 metals 2683 2640 1510 572 14 1046 396 10 84 32 01 2582 1965 761 19 543 210 05 73 28 01 -58 1000 -0

5 chemicals 2430 2448 1 00 00 2074 847 20 373 152 04 2440 1 00 00 1902 780 18 537 220 05 -8 1000 0

7 machinery amp heavy equipment 1845 1762 933 529 09 829 471 08 0 00 00 1699 929 546 09 771 454 07 0 00 00 -63 1000 0

11 shipping (transport) 1567 1268 12 1366 1366 1000 13 0 00 00 0 00 00 1274 1274 1000 12 0 00 00 0 00 00 -92 1000 0

23 hotels bars amp restaurants (horeca) 1236 1046 10 1283 1283 1000 12 0 00 00 0 00 00 1282 1282 1000 12 0 00 00 0 00 00 -1 1000 0

22 traders 1109 873 262 300 02 596 683 06 14 16 00 848 259 305 02 562 663 05 27 32 00 -25 1000 -0

2 oil gas amp other fuels 1073 1049 242 230 02 807 769 08 1 01 00 957 276 289 03 680 711 07 1 01 00 -92 1000 -0

16 textile amp apparel 1060 932 380 408 04 464 498 04 88 95 01 804 347 432 03 427 531 04 30 37 00 -127 1000 0

9 electrotechnics 1022 970 835 860 08 136 140 01 0 00 00 908 776 854 07 132 146 01 0 00 00 -62 1000 -0

Corporates lt 05

17 timber amp wooden furniture 752 747 0 00 00 747 1000 07 0 00 00 699 0 00 00 699 1000 07 0 00 00 -48 1000 0

14 beverages 685 717 0 00 00 714 995 07 3 05 00 703 0 00 00 700 996 07 3 04 00 -14 1000 -0

4 water 451 509 0 00 00 0 00 00 509 1000 05 487 0 00 00 0 00 00 487 1000 05 -22 1000 0

18 paper amp pulp 441 424 0 00 00 3 08 00 421 992 04 404 0 00 00 3 07 00 401 993 04 -20 1000 0

19 media 427 502 6 11 00 464 925 04 32 64 00 509 6 12 00 474 932 05 29 56 00 7 1000 0

24 telecom 400 408 0 00 00 0 00 00 408 1000 04 343 0 00 00 0 00 00 343 1000 03 -65 1000 0

12 aviation 356 289 03 345 345 1000 03 0 00 00 0 00 00 333 333 1000 03 0 00 00 0 00 00 -13 1000 0

25 consumer products 291 270 117 431 01 150 554 01 4 14 00 267 125 468 01 135 505 01 7 27 00 -3 1000 0

8 IT 283 302 99 329 01 203 671 02 0 01 00 282 75 267 01 205 729 02 1 04 00 -21 1000 -0

15 tobacco 0 0 0 00 00 0 00 00 0 1000 00 0 0 00 00 0 00 00 0 1000 00 0 1000 0

31 sector unknown 1196 1211 0 00 00 1211 1000 11 -0 -00 -00 1146 -0 -00 -00 1146 1000 11 0 00 00 -65 1000 0

TOT SECTORS 84123 21229 252 47245 562 15649 186 23679 252 43299 16040

Finance and insurance 16595 15626 0 00 00 0 00 15626 1000 147 14948 0 00 00 0 00 00 14948 1000 143 -678

Authorities 6567 6366 0 00 00 0 00 6366 1000 60 6455 0 00 00 0 00 00 6455 1000 62 89

Retail 71976 73251 73251 1275

of which mortgages 66525 67748 67748 1223

of which consumer finance 5451 5503 5503 52

Including IFRS-5 entities 63020 amounts in euro mln amounts in euro mln

Forborne loans by business unit Total outstanding portfolio PD 1-8 forborne outstanding PD 9 forborne outstanding PD 1-9 rengo outstanding PD 10 forborne outstanding PD 11-12 forborne outstanding PD10-12 forborne outstanding PD 1-12 forborne outstanding Spec imp PD 10 Spec imp PD 11-12 Spec imp PD 10-12

Belgium 1169932 10350 1209 11559 4746 1256 6002 17562 840 411 1251

Czech Rep 310659 2744 464 3208 1443 541 1984 5192 362 271 633

Int Markets 278252 352 4280 4632 7481 5945 13426 18057 986 2355 3340

KBC IRL 100925 06 4136 4142 6798 4625 11423 15565 827 1542 2368

CSOB SR 84864 148 43 191 133 179 311 502 54 156 210

KampH 55552 30 36 67 103 253 356 423 47 240 287

Bulgaria 36910 168 64 232 447 888 1335 1567 58 417 475

Group 34813 - 0 435 435 438 223 661 1095 111 208 319

total 1793656 13446 6388 19834 14108 7964 22073 41907 2298 3245 5544

Forborne loans by client segment Total outstanding portfolio PD 1-8 forborne outstanding PD 9 forborne outstanding PD 1-9 rengo outstanding PD 10 forborne outstanding PD 11-12 forborne outstanding PD10-12 forborne outstanding PD 1-12 forborne outstanding Spec imp PD 10 Spec imp PD 11-12 Spec imp PD 10-12

all 1793656 13446 6388 19834 14108 7964 22073 41907 2298 3245 5544

Private Persons 732508 1968 4475 6443 7582 5305 12887 19329 919 1919 2837

Private Persons - mortgages 677478 1724 4457 6181 7514 5217 12732 18913 886 1856 2742

Private Persons - non-mortgage 55031 244 18 262 68 87 155 417 33 63 95

SME 383744 6189 893 7082 2329 1060 3389 10471 484 373 856

Corporate 677403 5290 1020 6309 4198 1600 5797 12107 895 954 1850

Corporate by selected activity sector Total outstanding portfolio PD 1-8 forborne outstanding PD 9 forborne outstanding PD 1-9 rengo outstanding PD 10 forborne outstanding PD 11-12 forborne outstanding PD10-12 forborne outstanding PD 1-12 forborne outstanding Spec imp PD 10 Spec imp PD 11-12 Spec imp PD 10-12

Commercial Real Estate ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF zie aparte excel Forborne - corp detail

Services ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF

Distribution ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF

Horeca ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF

Building amp Construction ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF

Electricity ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF

other ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF

Ireland

Forborne loans Total outstanding portfolio PD 1-8 forborne outstanding PD 9 forborne outstanding PD 1-9 rengo outstanding PD 10 forborne outstanding PD 11-12 forborne outstanding PD10-12 forborne outstanding PD 1-12 forborne outstanding Spec imp PD 10 Spec imp PD 11-12 Spec imp PD 10-12

all 100925 06 4136 4142 6798 4625 11423 15565 827 1542 2368

Private Persons 100306 06 4136 4142 6798 4594 11393 15535 827 1542 2368


Private Persons - non-mortgage 628 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0

SME 428 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0

Corporate 191 - 0 - 0 - 0 - 0 31 31 31 - 0 - 0 - 0

Hungary


all 55552 30 36 67 103 253 356 423 47 240 287

Private Persons 20179 30 29 60 52 182 234 294 23 169 192



SME 1537 - 0 00 00 - 0 - 0 - 0 00 - 0 - 0 - 0

Corporate 33837 - 0 07 07 51 71 122 129 24 71 95

NPL and coverage ratio per segment

Stage 3 123117 33118 63018 93018 13118 1518 123119 33120 63020 93020 123119 33120 63020 93020

all Coverage ratio 420 434 448 452 stage 3 impairments 2584 2568 2696 2576

Private Persons Retail 305 296 332 322 Retail 715 678 739 684

Private Persons - mortgages of which mortgages 278 268 305 296 of which mortgages 607 570 631 583

Private Persons - non-mortgage of which consumer finance 676 664 670 659 of which consumer finance 108 107 108 100

SME SME 459 459 457 443 SME 533 523 554 530

Corporate Corporate 503 549 543 573 Corporate 1336 1367 1402 1362

all NPL 35 33 34 Stage 3 outstanding 6160 5921 6024 5702

Private Persons Retail 32 32 30 Retail 2344 2291 2228 2126

Private Persons - mortgages of which mortgages 32 32 30 of which mortgages 2184 2129 2066 1973

Private Persons - non-mortgage of which consumer finance 29 30 29 of which consumer finance 160 162 162 153

SME SME 30 30 32 SME 1160 1140 1212 1197

Corporate Corporate 41 36 38 Corporate 2656 2489 2584 2380

Stage 2 123119 33120 63020 93020 123119 33120 63020 93020

all all Coverage ratio - stage 2 13 16 46 46 stage 2 impairments 265 309 921 950

Private Persons Private Persons Retail Retail 20439



SME SMECORP SME SME


all all

all all Stage 2 outstanding 19751 19288 20176 20439

Private Persons Private Persons Retail 71 Retail 5170

Private Persons - mortgages Private Persons - mortgages of which mortgages 70 of which mortgages 4726

Private Persons - non-mortgage Private Persons - other of which consumer finance 81 of which consumer finance 444

SME SMECORP SME 141 SME 15005


all all

Stage 1 123119 33120 63020 93020 123119 33120 63020 93020

all all Coverage ratio - stage 1 010 010 013 013 Stage 1 impairments 144 149 200 202




SME SMECORP SME SME


all all







Overview Coverage per segment

1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20

Corporate

Corporate loans (m EUR) 52036 53492 53419 53271 60195 64127 63546 61856 62548 63488 66963 64112 69806 67740 65925

of total loans 351 350 348 346 370 384 381 375 377 367 379 365 388 378 369

Impaired loans (m EUR) 3758 3971 3730 3476 3587 3389 3437 2836 2881 2615 2607 2656 2489 2584 2380

of impaired loans 375 378 371 378 374 369 378 397 405 406 421 431 420 429 417

specific provisions (m EUR) 2183 2256 2125 1869 2041 1967 1901 1367 1402 1331 1323 1336 1367 1402 1362

Cover ratios 581 568 570 538 569 580 553 482 487 509 507 503 549 543 573

SME

SME loans (m EUR) 34089 35434 35378 35970 36661 37101 36968 37155 37336 37871 37807 38173 37921 38374 38496

of total loans 230 232 231 233 226 222 222 225 225 219 214 218 211 214 215




Cover ratios 487 542 537 528 512 520 513 496 502 481 477 459 459 457 443

Private Persons

Private Persons loans (m EUR) 62261 63938 64542 64919 65689 65721 66308 65814 66171 71417 71783 73146 71976 73251 74462

of total loans 420 418 421 421 404 394 397 399 398 413 407 417 401 408 416




Cover ratios 375 377 384 332 397 391 395 397 402 309 301 305 296 332 322

Mortgage loans (m EUR) 58990 60056 60648 61000 61631 61545 62027 61508 61801 65993 66242 67540 66525 67748 68890

of total loans 398 393 396 396 379 369 372 373 372 382 375 385 370 378 385




Cover ratios 367 364 367 320 386 380 384 384 387 283 273 278 268 305 296

Consumer finance loans (m EUR) 3271 3882 3895 3919 4058 4176 4282 4306 4370 5424 5541 5606 5451 5503 5572

of total loans 22 25 25 25 25 25 26 26 26 31 31 32 30 31 31




Cover ratios 750 700 808 722 755 736 753 719 740 679 682 676 664 670 659

TOTAL

Total loans 148387 152864 153339 154160 162546 166949 166822 164824 166055 172776 176553 175431 179702 179366 178883


of total loans 68 69 66 60 59 55 55 43 43 37 35 35 33 34 32


Cover ratios 466 473 475 440 478 480 472 448 453 422 420 420 434 448 452

KBC GROUP share of impaired loans in of total outstanding portfolio Sum of Outstanding client segment Sum of All imp outstanding client segment

Date Private Persons Private Persons - mortgages Private Persons - non-mortgage SME Corporate all Date Private Persons Private Persons - mortgages Private Persons - non-mortgage SME Corporate all Date Private Persons Private Persons - mortgages Private Persons - non-mortgage SME Corporate all

123109 na na na na na 54 123109 0 0 0 166517 123109 0 0 0 8982

123110 38 na na 57 103 67 123110 69073 30053 65121 164247 123110 2653 1725 6704 11082

123111 52 na na 52 99 71 123111 64581 28983 65304 158868 123111 3367 1521 6436 11324

123112 62 na na 50 108 77 123112 60445 29933 56758 147135 123112 3767 1486 6141 11394

123113 114 116 63 53 122 102 123113 56583 54003 2579 32029 49068 137679 123113 6449 6286 163 1687 5972 14108

123114 117 120 57 49 109 99 123114 58192 55676 2517 32089 48649 138931 123114 6808 6664 144 1569 5315 13692

123115 100 102 51 43 98 86 123115 60147 57385 2763 33314 49939 143400 123115 5988 5848 140 1427 4890 12305

123116 84 87 35 38 79 72 123116 62365 59174 3191 34102 51058 147526 123116 5268 5155 113 1294 4021 10583

123117 67 69 33 39 65 60 123117 64919 61000 3919 35970 53271 154160 123117 4322 4192 130 1388 3476 9186

swictch to IFRS9 31xx2017 72 74 36 39 63 61 31xx2017 65359 61430 3929 36421 60181 161961 31xx2017 4698 4557 141 1409 3768 9875

123118 47 48 29 33 46 43 123118 65814 61508 4306 37155 61856 164824 123118 3071 2948 124 1243 2836 7151

123119 32 32 29 30 41 35 123119 73146 67540 5606 38173 64112 175431 123119 2344 2184 160 1160 2656 6160

63020 30 30 29 32 38 34 63020 73251 67748 5503 38374 67740 179366 63020 2228 2066 162 1212 2584 6024

93020 29 29 27 31 36 32 93020 74462 68890 5572 38496 65925 178883 93020 2126 1973 153 1197 2380 5702

Corporate share impaired by selected activity sectors

63020 governments 02

63020 Comm Real Estate 49

63020 CORP - other sectors 40

63020 CORP - all sectors 38

BU BE share of impaired loans in of total outstanding portfolio Sum of Outstanding client segment Sum of All imp outstanding client segment


123109 na na na na na 38 123109 0 0 0 85269 123109 0 0 0 3242

123110 06 na na 44 71 42 123110 28292 23539 32920 84752 123110 169 1037 2346 3552

123111 07 na na 43 77 44 123111 30657 24558 33990 89205 123111 205 1051 2627 3883

123112 07 na na 43 84 44 123112 32008 25438 31535 88981 123112 214 1106 2633 3953

123113 07 06 35 49 92 47 123113 32263 31062 1201 27493 27158 86913 123113 227 185 42 1343 2502 4072

123114 07 06 30 46 82 43 123114 33337 32276 1060 27232 28492 89060 123114 235 204 32 1251 2340 3826

123115 06 06 27 40 72 38 123115 34382 33284 1098 28025 30406 92813 123115 221 192 29 1124 2203 3549

123116 06 05 20 35 60 33 123116 35286 33890 1396 28847 31511 95644 123116 204 177 27 1006 1900 3111

123117 05 05 16 29 51 28 123117 35159 33668 1491 29183 33463 97805 123117 184 160 24 838 1696 2718

31xx2017 05 05 16 29 44 27 31xx2017 35205 33717 1488 29572 39360 104138 31xx2017 185 160 24 849 1744 2778

123118 05 04 16 26 43 26 123118 35586 33911 1675 30321 42572 108479 123118 177 150 26 791 1816 2784

123119 04 04 10 25 39 24 123119 37001 35304 1697 31068 44323 112392 123119 152 135 17 788 1740 2680

63020 05 05 10 27 36 24 63020 37437 35790 1647 31437 48120 116993 63020 182 165 17 838 1730 2750

93020 05 04 10 27 34 22 93020 38351 36679 1672 31598 46561 116510 93020 177 161 16 857 1566 2600

BU CR share of impaired loans in of total outstanding portfolio Sum of Outstanding client segment Sum of All imp outstanding client segment


123109 na na na na na 42 123109 0 0 0 17954 123109 0 0 0 757

123110 35 na na 98 56 53 123110 9299 3413 5623 18334 123110 329 335 314 979

123111 40 na na 83 42 48 123111 9697 3293 6323 19314 123111 384 275 263 922

123112 38 na na 73 41 45 123112 10723 3516 6545 20785 123112 410 255 269 935

123113 41 38 75 69 31 43 123113 7880 7190 690 3382 6454 17716 123113 323 271 52 234 198 755

123114 40 38 64 57 24 38 123114 8431 7682 749 3581 6762 18775 123114 339 291 48 204 163 706

123115 34 31 58 54 25 34 123115 9276 8479 797 3903 7221 20401 123115 312 266 46 213 177 701

123116 25 23 42 49 21 28 123116 10345 9405 941 4063 7472 21880 123116 259 219 39 198 159 616

123117 18 17 33 44 20 24 123117 12093 10944 1149 4702 7553 24348 123117 219 182 37 205 151 576

31xx2017 19 17 38 46 18 24 31xx2017 12098 10944 1154 4770 8188 25056 31xx2017 225 182 43 219 151 595

123118 15 13 33 44 29 24 123118 12963 11691 1273 4750 8005 25718 123118 190 148 41 207 232 628

123119 17 14 39 37 25 23 123119 18524 16196 2327 4934 8867 32325 123119 320 229 91 185 225 729

63020 16 13 41 38 26 22 63020 17940 15745 2195 4722 8405 31066 63020 294 203 90 178 218 690

93020 16 12 39 36 25 21 93020 17888 15733 2155 4636 8258 30781 93020 280 195 85 168 207 654

Slovakia share of impaired loans in of total outstanding portfolio Sum of Outstanding client segment Sum of All imp outstanding client segment


123109 na na na na na 55 123109 0 0 0 3734 123109 0 0 0 205

123110 57 na na 108 35 61 123110 1427 955 1489 3872 123110 82 103 52 237

123111 46 na na 71 48 49 123111 1639 301 2458 4399 123111 76 21 119 216

123112 35 na na 66 40 40 123112 1835 334 2329 4499 123112 63 22 94 179

123113 31 29 40 48 67 48 123113 2093 1735 359 588 1954 4635 123113 65 51 15 29 130 224

123114 29 27 41 48 56 43 123114 2377 1979 397 576 2113 5065 123114 69 53 16 28 119 215

123115 28 22 52 46 43 37 123115 2790 2219 571 651 2604 6045 123115 78 49 30 30 112 221

123116 22 16 51 43 37 31 123116 3265 2727 538 785 2717 6767 123116 72 45 28 34 101 207

123117 19 14 47 43 31 26 123117 3596 3122 473 853 2858 7307 123117 67 45 22 36 88 191

31xx2017 20 14 59 45 32 28 31xx2017 3606 3127 480 842 2868 7316 31xx2017 72 43 28 38 93 202

123118 13 09 38 40 24 20 123118 3907 3404 503 915 3011 7833 123118 49 30 19 36 71 157

123119 10 07 30 36 22 17 123119 4214 3706 508 962 3039 8215 123119 40 25 15 35 66 141

63020 10 07 34 59 26 21 63020 4406 3914 492 976 3105 8486 63020 44 27 17 58 79 181

93020 08 05 26 47 23 18 93020 4546 4053 492 990 3062 8598 93020 35 22 13 47 69 151

Hungary share of impaired loans in of total outstanding portfolio Sum of Outstanding client segment Sum of All imp outstanding client segment


123109 na na na na na 81 123109 0 0 0 6765 123109 0 0 0 550

123110 106 na na 136 124 116 123110 3079 476 3159 6715 123110 325 65 392 782

123111 151 na na 211 91 123 123111 2674 225 2849 5747 123111 403 47 259 709

123112 170 na na 96 90 123 123112 2104 408 2608 5120 123112 357 39 234 630

123113 276 279 244 72 78 154 123113 1960 1769 191 405 2714 5080 123113 540 494 46 29 210 780

123114 265 267 242 65 58 135 123114 1892 1731 161 512 2685 5089 123114 502 463 39 33 154 689

123115 256 260 212 37 49 126 123115 1715 1574 140 530 2297 4542 123115 439 410 30 19 113 572

123116 188 196 96 74 27 91 123116 1764 1627 137 158 2650 4572 123116 332 319 13 12 73 416

123117 139 148 46 33 20 65 123117 1859 1695 164 169 2944 4973 123117 258 251 7 6 59 323

31xx2017 160 170 46 33 20 74 31xx2017 1910 1745 165 169 2944 5023 31xx2017 305 297 8 6 59 370

123118 76 83 24 32 16 38 123118 1826 1632 193 171 3155 5151 123118 139 135 5 5 51 196

123119 47 55 11 30 16 28 123119 2008 1635 373 163 3272 5442 123119 94 90 4 5 54 153

63020 44 53 09 26 10 22 63020 2018 1576 442 154 3384 5555 63020 88 84 4 4 32 124

93020 33 41 08 25 09 18 93020 2082 1591 491 150 3462 5694 93020 69 65 4 4 30 103

Bulgaria share of impaired loans in of total outstanding portfolio Sum of Outstanding client segment Sum of All imp outstanding client segment


123109 na na na na na 260 123109 0 0 0 756 123109 0 0 0 196

123110 87 na na 439 592 397 123110 232 174 333 739 123110 20 76 197 293

123111 110 na na 456 577 390 123111 240 167 299 705 123111 26 76 172 275

123112 91 na na 358 638 381 123112 250 161 295 706 123112 23 57 188 269

123113 78 117 42 325 465 301 123113 258 122 137 161 327 747 123113 20 14 6 52 152 225

123114 85 129 44 283 454 281 123114 284 138 146 188 322 794 123114 24 18 6 53 146 223

123115 74 105 39 192 387 232 123115 309 161 147 186 364 858 123115 23 17 6 36 141 199

123116 58 81 31 176 259 162 123116 353 194 159 234 341 927 123116 21 16 5 41 88 150

123117 107 147 63 286 283 216 123117 1271 669 602 1049 968 3289 123117 136 98 38 300 274 710


123118 86 118 50 204 179 150 123118 1274 671 603 986 977 3237 123118 109 79 30 201 175 486

123119 76 102 46 144 108 106 123119 1351 719 632 1013 1165 3529 123119 103 74 29 146 126 375

63020 72 96 45 128 86 93 63020 1421 755 665 1043 1227 3691 63020 103 73 30 134 105 342

93020 68 90 44 113 80 85 93020 1478 780 698 1069 1202 3749 93020 101 70 31 120 96 318

Ireland share of impaired loans in of total outstanding portfolio Sum of Outstanding client segment Sum of All imp outstanding client segment


123109 na na na na na 79 123109 0 0 0 18025 123109 0 0 0 1427

123110 86 na na 00 331 145 123110 13052 0 4111 17164 123110 1122 0 1360 2482

123111 152 na na 00 436 218 123111 12794 0 3896 16690 123111 1944 0 1698 3642

123112 214 na na 00 507 279 123112 12445 0 3517 15963 123112 2663 0 1784 4448

123113 435 435 00 00 644 478 123113 12125 12125 0 0 3155 15280 123113 5272 5272 0 0 2032 7304

123114 475 475 00 00 726 520 123114 11870 11870 0 0 2628 14498 123114 5636 5636 0 0 1908 7544

123115 421 421 08 281 744 473 123115 11676 11666 10 18 2233 13927 123115 4916 4915 0 5 1661 6581

123116 386 387 26 215 736 433 123116 11352 11332 20 15 1763 13130 123116 4381 4380 1 3 1298 5682

123117 316 317 31 187 672 350 123117 10941 10901 40 13 1174 12128 123117 3458 3457 1 2 789 4249


123118 235 236 39 158 100 230 123118 10257 10199 59 12 342 10612 123118 2408 2406 2 2 34 2444

123119 163 164 52 35 811 164 123119 10048 9979 69 33 24 10104 123119 1636 1632 4 1 19 1656

63020 151 152 66 26 421 151 63020 10031 9968 63 43 19 10093 63020 1517 1513 4 1 8 1527

93020 145 145 70 16 355 144 93020 10118 10053 65 53 10 10181 93020 1465 1460 5 1 3 1469

Group Centre share of impaired loans in of total outstanding portfolio Sum of Outstanding client segment Sum of All imp outstanding client segment


123109 na na na na na 77 123109 0 0 0 34013 123109 0 0 0 2604

123110 44 na na 72 117 84 123110 13691 1496 17486 32673 123110 605 108 2043 2756

123111 48 na na 116 84 74 123111 6880 439 15489 22809 123111 329 51 1298 1678

123112 33 na na 84 96 89 123112 1079 76 9810 10965 123112 36 6 938 980

123113 994 00 994 00 104 105 123113 2 0 2 0 7152 7155 123113 2 0 2 0 746 748

123114 1000 00 1000 00 86 86 123114 2 0 2 0 5648 5650 123114 2 0 2 0 486 488

123115 00 00 00 00 100 100 123115 0 0 0 0 4808 4808 123115 0 0 0 0 482 482

123116 00 00 00 00 88 88 123116 0 0 0 0 4587 4587 123116 0 0 0 0 401 401

123117 00 00 00 00 98 98 123117 0 0 0 0 4296 4296 123117 0 0 0 0 420 420


123118 00 00 00 00 120 120 123118 0 0 0 0 3794 3794 123118 0 0 0 0 457 457

123119 00 00 00 00 124 124 123119 0 0 0 0 3422 3422 123119 0 0 0 0 426 426

63020 00 00 00 00 118 118 63020 0 0 0 0 3481 3481 63020 0 0 0 0 411 411

93020 00 00 00 00 121 121 93020 0 0 0 0 3370 3370 93020 0 0 0 0 409 409

Overview NPLs per segment amp per country

2010 2011 2012 2013 2014 2015 2016 2017
tc=B38CE0D1-B2C4-440E-8083-EF0D2E9EBD6B [Threaded comment]Your version of Excel allows you to read this threaded comment however any edits to it will get removed if the file is opened in a newer version of Excel Learn more httpsgomicrosoftcomfwlinklinkid=870924Comment Switch to IFRS 9 2018 2019 1H20 9M20

Private persons 38 52 62 114 117 100 84 72 47 32 30 29

BE 06 07 07 07 07 06 06 05 05 04 05 05

CZ 35 40 38 41 40 34 25 19 15 17 16 16

SK 57 46 35 31 29 28 22 20 13 10 10 08

HU 106 151 170 276 265 256 188 160 76 47 44 33

BG 87 110 91 78 85 74 58 100 86 76 72 68

IRL 86 152 214 435 475 421 386 336 235 163 151 145

Private persons - mortgages na na na 116 120 102 87 74 48 32 30 29

BE na na na 06 06 06 05 05 04 04 05 04

CZ na na na 38 38 31 23 17 13 14 13 12

SK na na na 29 27 22 16 14 09 07 07 05

HU na na na 279 267 260 196 170 83 55 53 41

BG na na na 117 129 105 81 136 118 102 96 90

IRL na na na 435 475 421 387 337 236 164 152 145

Private persons - consumer finance na na na 63 57 51 35 36 29 29 29 27

BE na na na 35 30 27 20 16 16 10 10 10

CZ na na na 75 64 58 42 38 33 39 41 39

SK na na na 40 41 52 51 59 38 30 34 26

HU na na na 244 242 212 96 46 24 11 09 08

BG na na na 42 44 39 31 60 50 46 45 44

IRL na na na 00 00 08 26 31 39 52 66 70

SME 57 52 50 53 49 43 38 39 33 30 32 31

BE 44 43 43 49 46 40 35 29 26 25 27 27

CZ 98 83 73 69 57 54 49 46 44 37 38 36

SK 108 71 66 48 48 46 43 45 40 36 59 47

HU 136 211 96 72 65 37 74 33 32 30 26 25

BG 439 456 358 325 283 192 176 279 204 144 128 113

IRL 281 215 187 158 35 26 16

Corporate 103 99 108 122 109 98 79 63 46 41 34 36

BE 71 77 84 92 82 72 60 44 43 39 36 34

CZ 56 42 41 31 24 25 21 18 29 25 26 25

SK 35 48 40 67 56 43 37 32 24 22 26 23

HU 124 91 90 78 58 49 27 20 16 16 10 09

BG 592 577 638 465 454 387 259 264 179 108 86 80

IRL 331 436 507 644 726 744 736 694 100 811 421 355

Loan portfolio outstanding

Group Credit Risk data

in millions of EUR 4Q19 1Q20 2Q20 3Q20 DELTA QoQ zie Martijn input presentation IRO 2020 imp tabllen

Gross carrying amount 175431 179702 179366 178883 -483 ipv overzichtstabellen 2Q20

- Subject to 12month ECL - performing (Stage 1) 149521 154494 153166 152742 -424

- Subject to Lifetime ECL - underperforming (Stage 2) 19751 19288 20176 20439 263 Off-balance oa mee opgenomen met risk approach

- Subject to Lifetime ECL - non-performing (Stage 3) 6160 5920 6024 5702 -321

Impairment -2993 -3026 -3817 -3728 89

- Subject to 12month ECL - performing (Stage 1) -144 -149 -200 -202 -2 De tab lsquoImpairment (BS)rsquo is naast de usual tabel met Finance data (note 421) nu ook uitgebreid met eenzelfde tabel met GCRD data (omdat we eigenlijk deze specifieke GCA coverage ratio en stage distributie percentages extern gebruiken ipv die op basis van de Finance tabel) Daarom zijn nu beide views bij elkaar beschikbaar Deze laatste tabel met GCRD data moet uiteraard nog aangevuld worden van zodra de 3Q data beschikbaar is (ik vul aan en bezorg het jullie dan)

- Subject to Lifetime ECL - underperforming (Stage 2) -265 -309 -921 -950 -29 (Verschil in scope tussen beide views is oa dat de GCRD loan portfolio ook off-balance exposures bevat maar dan weer niet bepaalde reverse repo exposures en Insurance exposures etc )

- Subject to Lifetime ECL - non-performing (Stage 3) -2584 -2568 -2696 -2576 120

Coverage ratio

- Subject to 12month ECL - performing (Stage 1) 010 010 013 013 000

- Subject to Lifetime ECL - underperforming (Stage 2) 13 16 46 46 01

- Subject to Lifetime ECL - non-performing (Stage 3) 420 434 448 452 04

Stage distribution




Financial assets at Amortised cost (note 421 Finance)

Loans and advances (on balance)

in millions of EUR 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 DELTA QoQ

Gross carrying amount 180211 180217 182027 176680 184734 190509 193382 189446 196638 193064 193207 143 Incl reverse repo

- Subject to 12month ECL - performing (Stage 1) 154721 155487 158926 153081 161538 166956 170123 165326 173214 168977 169002 25

- Subject to Lifetime ECL - underperforming (Stage 2) 16344 15909 16138 16983 16755 17692 17571 18558 18075 18734 18921 187

- Subject to Lifetime ECL - non-performing (Stage 3) 8989 8652 6807 6461 6309 5725 5526 5381 5174 5190 5049 -141

- Purchased or originated credit-impaired 158 168 155 154 133 135 163 182 175 163 236 73

Impairment -4669 -4611 -3725 -3523 -3527 -3036 -2916 -2855 -2851 -3669 -3589 80

- Subject to 12month ECL - performing (Stage 1) -102 -107 -113 -113 -113 -126 -134 -131 -132 -177 -179 -2

- Subject to Lifetime ECL - underperforming (Stage 2) -329 -306 -313 -305 -300 -306 -292 -254 -299 -910 -935 -25

- Subject to Lifetime ECL - non-performing (Stage 3) -4188 -4144 -3252 -3062 -3075 -2572 -2460 -2444 -2398 -2556 -2449 107

- Purchased or originated credit-impaired -50 -53 -47 -42 -38 -32 -31 -26 -22 -26 -27 -1

Coverage ratio




- Purchased or originated credit-impaired 3165 3166 3014 2740 2857 2413 1902 143 126 160 114 -45

Stage distribution

- Subject to 12month ECL - performing (Stage 1) 8586 8628 8731 8664 8744 8764 8797 873 881 875 875 -01




Credit risk loan portfolio overview

123119 33120 63020 93020 Zie finanical statements JOS

Total loan portfolio (in billions of EUR)

Amount outstanding and undrawn 218 220 221 222

Amount outstanding 175 180 179 179

Amount undrawn 43 41 42 43

Loan portfolio breakdown by business unit (as a of the outstanding portfolio)

Belgium 641 659 652 651


International Markets 156 152 155 158

Group Centre 20 18 19 19

Total 1000 1000 100 100

Loan portfolio breakdown by counterparty sector (as a of the outstanding portfolio)

Private individuals 417 401 409 416 Gebruikt voor grafiek

Finance and insurance 76 92 87 83

Governments 29 37 35 36

Corporates 477 470 469 464

Loan oustanding portfolio by counterparty sector (in billions of eur)

Private individuals 732 720 733 745



Corporates 837 845 841 830

Total SME amp corpo (outstanding excl Private individuals) 1023 1077 1061 1044

Gross carrying amount - per segment INFO JOS




Retail 78102 76695 1408



SME 48520 47516 1004

Corporate 94610 96170 -1560


Retail 73251 71976 1275



SME 38374 37921 454

Corporate 67740 69806 -2065

Undrawn 41867 15813 26076 -22 40679 15081 25593 5 1188 732 484 -28

Retail 4851 4719 133

SME 10146 9595 550

Corporate 26870 26364 505


Retail 41 0 0 0 40 0 0 0



SME 21 0 0 0 21 0 0 0

Corporate 38 0 0 0 39 0 0 0

of outstanding 854 112 34 0

Gross carrying amount - per segment amp per stage FILE JOS IFRS 9 stage

31Dec2019 31Mar2020 30Jun2020 30Sep2020 DELTA YTD DELTA QTD

(EUR m) GCA Stage 1 Stage 2 Stage 3 GCA Stage 1 Stage 2 Stage 3 GCA Stage 1 Stage 2 Stage 3 GCA Stage 1 Stage 2 Stage 3 GCA Stage 1 Stage 2 Stage 3 GCA Stage 1 Stage 2 Stage 3

Loan portfolio overview + undrawn 218408 184206 28039 6163 220381 169575 44880 5926 221232 186241 28990 6001 221606 186082 29843 5681 3199 1876 1804 -481 374 -159 853 -320

Retail 78040 70226 5473 2341 76695 69064 5342 2288 78102 70357 5522 2223 79266 71699 5449 2119 1226 1472 -24 -222 1164 1342 -74 -104

of which mortgages 70467 63593 4695 2178 69280 62534 4621 2124 70598 63717 4821 2060 71724 65000 4759 1965 1257 1407 64 -214 1127 1284 -62 -95

of which consumer finance 7573 6633 778 163 7415 6530 721 164 7505 6641 701 163 7542 6698 689 154 -31 65 -89 -8 37 58 -12 -9

SME 47636 113979 22566 3822 47516 100510 39538 3638 48520 115884 23468 3779 48603 36429 10998 1176 967 82

Corporate 92732 96170 94610 93737 77954 13397 2387 1006 -873

Undrawn 42977 34685 8289 3 40679 15081 25593 5 41867 33075 8815 -22 42723 33340 9404 -21 -254 -1345 1116 -24 856 265 589 1

Retail 4894 4473 424 -3 4719 4385 337 -3 4851 4504 352 -5 4804 4477 334 -7 -90 4 -90 -4 -47 -27 -18 -2

SME 9463 30212 7865 6 9595 10696 25256 8 10146 28571 8463 -18 10107 5740 4388 -21 644 -39

Corporate 28620 26364 26870 27812 23123 4683 7 -808 943

Portfolio outstanding 175431 149521 19751 6160 179702 154494 19288 5920 179366 153166 20176 6024 178883 152742 20439 5702 3452 3221 688 -458 -483 -424 263 -321

Retail 73146 65754 5049 2344 71976 64679 5005 2291 73251 65853 5170 2228 74462 67222 5114 2126 1316 1468 66 -218 1211 1369 -56 -102


of which consumer finance 5606 4990 456 160 5451 4822 467 162 5503 4897 444 162 5572 4983 437 153 -34 -8 -19 -8 69 85 -7 -9

SME 38173 83767 14702 3816 37921 89815 14282 3629 38374 87313 15005 3796 38496 30689 6610 1197 323 122

Corporate 64112 69806 67740 65925 54831 8715 2380 1813 -1815

Portfolio outstanding ( per segment) 175431 149521 19751 6160 179702 154494 19288 5920 179366 153166 20176 6024 178883 152742 20439 5702

Retail 42 37 3 1 40 36 3 1 41 37 3 1 42 38 3 1

of which mortgages 38 35 3 1 37 33 3 1 38 34 3 1 39 35 3 1

of which consumer finance 3 3 0 0 3 3 0 0 3 3 0 0 3 3 0 0

SME 22 48 8 2 21 50 8 2 21 49 8 2 22 17 4 1

Corporate 37 39 ERRORREF ERRORREF ERRORREF 38 37 31 5 1

Total oustanding SME amp Corporates 102284 83767 14702 3816 107726 89815 14282 3629 106115 87313 15005 3796 104421 85520 15324 3577 2137 1753 623 -239 -1694 -1793 319 -220

Portfolio outstanding per stage (graph) 175431 149521 19751 6160 179702 154494 19288 5920 179366 153166 20176 6024 178883 152742 20439 5702

per IFRS 9 stage 852 113 35 860 107 33 854 113 34 854 114 32 Check - loan portefeuille financial statements - file additional info

(in billions of EUR) YE19 1Q20 1H20 9M20

Portfolio outstanding 175 180 179 179

Retail 42 40 41 42



SME 22 21 21 22

Corporate 37 39 38 37

2

This presentation is provided for information purposes only It does not constitute an offer to sell or the solicitation to buy anysecurity issued by the KBC Group

KBC believes that this presentation is reliable although some information is condensed and therefore incomplete KBC cannot beheld liable for any loss or damage resulting from the use of the information

This presentation contains non-IFRS information and forward-looking statements with respect to the strategy earnings and capitaltrends of KBC involving numerous assumptions and uncertainties There is a risk that these statements may not be fulfilled andthat future developments differ materially Moreover KBC does not undertake any obligation to update the presentation in linewith new developments

By reading this presentation each investor is deemed to represent that it possesses sufficient expertise to understand the risksinvolved


3


Loans and deposits

Investment funds

Life insurance

Non-life insurance


2010

2110 910

30 24

7 13 16

8133 3

23

49 108 8


of Assets

2019

2020e

2021e

4

63

203 3 2

3414 25 24

5549

-80-80-90 -70 -50-62

IRELAND

BELGIUMCZECH REP

SLOVAKIA

HUNGARY

BULGARIA







Business Unit



6151 5047 50 40


4

KBC Group NV


100100

KBC IFIMA


AT 1 Tier 2 Senior


MREL



5

Contents



186

27

KBC Ancora

Cera74

MRBB

115

Other core

599Free float




4 Covid-19



7 Looking forward

Appendices

6












Customer Centricity

53 52

47 48

20192018



7

High profitability


FY19

Net result

2489mEUR 14

ROE

58 90


9M20

902mEUR 759 83


271 bps

2018

251 bps

2019



1Q19

157

1Q20

156

9M201H19 1H209M19 FY19

154171 163 166 166

136

NSFR

138

LCR

146 142


FY199M20




8













9









10








11











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targetable audience

VOLUME




12

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13

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14

CORPORATE FINANCE











15


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16

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17


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Go forDigital first

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18





Top-2 Top-2

current target 23


77 85

22 27


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19






2260

3880

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3140

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7 9 12 14

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20192017 1H20

41 4457

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2016 1H202017

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2018 2019 2021





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2017 2018

83

2019

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23









2019 2018

Green finance


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Total 20 542 16 769






24



Pilots




25

Contents


30 SEPTEMBER 2020




4 Covid-19



7 Looking forward

Appendices

63

15

21

Belgium

Group Centre

Czech Republic


2

26


















Net result


430

745612

702

-5

210

697

1Q19 2Q19 3Q19 2Q201Q204Q19 3Q20

27




430

745

612702

-5

210

697

1Q201Q19 3Q192Q19 3Q204Q19 2Q20


618

514586

-11

42

546

2Q201Q19 3Q203Q192Q19 1Q204Q19

68 83 79 7936

85 73

3361 66

94119 134

-20 -46 -30 -31 -50

157

-4

1Q19 2Q19 4Q193Q19

-13-20

1Q20

173

2Q20 3Q20

96

124 99143

3


Amounts in m EUR

Non-Life result

Life result


28









NIM

NII

992 971 977

117 114 15

2Q20

118 111124 1

114

1006

1195

2Q19

14

-1

1182

10661044

1

3Q19

112212

1057

4Q19

17

1Q19

1129

1Q20

166106

-1

131

3Q20

1132 11741083

3Q191Q19

181

2Q19 2Q204Q19 1Q20

194198

3Q20

194 194 197

182

Amounts in m EUR







Growth q-o-q +1 +2 +1 +1 0

Growth y-o-y +4 +6 +4 -4 -3

29


Amounts in bn EUR

AuM

210 210 212 216

193202 204

4Q191Q19 3Q202Q203Q192Q19 1Q20

264 270 275 279 270 237 245

219 230 237 243 229219 218

-73 -65 -68 -77 -71 -68 -73

3Q201Q19

410

2Q19 3Q19 4Q19 2Q201Q20

435 444 445 429388 390












effect

FampC

30



and by 8 y-o-y





9093 92

1Q 1H 9M

83

FY

9283

90

2019 2020

415 425 440 441 443 435 448

351 317 291 364 297 276 267

805740

1Q19 2Q19 3Q19 4Q19 3Q201Q20 2Q20

766 742 731 712 715


Amounts in m EUR

31








LIFE SALES


214 198 161 160 177327

205

302 261242 311 249

235

214

4Q19 2Q201Q19 3Q202Q19 3Q19 1Q20

516459

403471

427

561

420


534

412 411 400

567

415 416

1Q204Q192Q191Q19 2Q203Q19 3Q20

Amounts in m EUR

32







FIFV

Amounts in m EUR

-186

10062 48

-59

126

-82

-2

1Q19

-3

8

-8

4Q19

-2219

-37 -25-1

130

17

85

3Q203Q19

44

29 1028-58

1Q20

-3

2Q20

11 3155

2Q19

13

19

-2-46

-385

253

99

59

133

43 47 50 5337

4Q191Q19 2Q19 3Q19 3Q202Q201Q20

NET OTHER INCOME


M2M ALM derivatives

33









OPERATING EXPENSES

913 957 947 994 931 877 905

382 407

1338

3Q19

2130

1Q19 2Q19 4Q19

28 51

1Q20

27

2Q20

904

3Q20

1296

988 975 1045926




3Q20 1Q20 2Q20 3Q20 1Q20 2Q20 3Q20 4Q20e

BE BU 0 289 2 0 0 0 0 0

CZ BU 0 40 0 0 0 0 0 0

Hungary 20 25 1 0 20 18 20 24

Slovakia 0 3 0 0 8 8 0 0

Bulgaria 0 17 -1 0 0 0 0 0

Ireland 1 4 -1 0 1 1 1 26

GC 0 0 0 0 0 0 0 0

TOTAL 21 377 0 0 29 27 21 50


Amounts in m EUR

34









ASSET IMPAIRMENT

67 75 78 9957

4369

26

3Q19

41

1Q19 3Q20

36

2Q19

63

1

1Q20

25

7

20

4Q19

12

141 746

2Q20

11

-5

40

82

857


32

19

4Q19

2124

1Q19 3Q192Q19

20 19

1Q20

37

19

2Q20

18

3Q20

43

35 35 3433

CREDIT COST RATIO


017

023

FY17

042

009

-006 -004

012

061


Other impairments



Amounts in m EUR


35


9M20CREDIT COST

RATIO

FY19CREDIT COST

RATIO

FY18CREDIT COST

RATIO

FY17CREDIT COST

RATIO

FY16CREDIT COST

RATIO


Belgium 059 022 009 009 012 na



Group Centre -027 -088 -083 040 067 na

Total 061 012 -004 -006 009 042


36



21

1Q19 2Q19

20

4Q19 3Q20

1819

2Q201Q20

19

43

19

3Q19

37 35 35 33 34 32

24


2Q19 3Q19

11

1Q20

12

2Q20

11

3Q20

13

1Q19 4Q19

23

131415

24 2523 22 22 21

49

1Q20

48 45

3Q19

85

5176

4Q191Q19 2Q20

58

2Q19

91

53

118

98

82 78 72

3Q20

BELGIUM BU

11

2222

12

2Q20

12

3Q20

11

1Q20

24

12

1Q19 3Q19

11

26

2Q19

11

4Q19

23 23 24

KBC GROUP

37

Cover ratios


BELGIUM BUKBC GROUP

453

3Q191Q19

422

2Q19 2Q204Q19 1Q20 3Q20

656599

420

604 603

420 434

604

448

624

452

617



1Q20 3Q20

472

2Q20

660

2Q191Q19

690

3Q19 4Q19

474 475

639

481

655 655

472

669

472 492

661

421 449

1Q19 2Q19 1Q203Q19 2Q204Q19 3Q20

644

430

625

423454

642

417

634 626659

464

654

4Q191Q19 3Q201Q20 2Q202Q19 3Q19

430

607

327 352

481

321

464

327

470

324

470 487

340

465

38


993 932605

439335

361412

1575

2016

1432

2019

1240

2017

1450

1089

2018 2020

1344

9M20 ROAC 12

Amounts in m EUR

465 534 484584 281

131168 170

205

2018

702

2016

596

2017 2019 2020

654

789


289370 440

260 113

13974

93

119

20192016

533

2017 2018

444

2020

428379

9M20 ROAC 7


4Q 9M 4Q 9M 4Q 9M


902

685462 621 702

2016

1742 19482113

2017

1787

2018 2019 2020

2427 2575 2570 2489

9M20 ROAC 11

4Q 9M

39


76

67

158

146






Trading assets

51

2621

185

12197








Trading liabilities


40


4

BE



35

2

8


6

Deposits

2

Retail mortgages

Loans Deposits

121214


6

1011

DepositsLoans

22

Retail mortgages

17

8


22

-5

6

4


Deposits

4


CR

41


11

7

14

6

8443

3

42

Services

Automotive

Distribution

Rest


Real estate



Private Persons

Chemicals

16

17

45

Other sectors

Electricity

Food producers

14

14

Metals


07

Shipping 07


05



42


541

Belgium

Ireland

163

2132

Other CEE

Czech Rep

Slovakia

58

50

Hungary

Bulgaria87

Other W-Eur 0315

North America

14

Asia

16Rest


43




27

18

67

12

9

4

Bulgaria3

Belgium

Czech Rep

Slovakia3

PolandHungary

3Italy

France

Other

SpainGermany

Austria Netherlands

IrelandPortugal


() 1 () 2

29

14

366

4

13

10

5

France

Belgium

Poland

Czech Rep

Spain

Italy

Hungary

3

SlovakiaBulgaria

Other

Germany Austria



() 1 () 2

44

Contents




4 Covid-19



7 Looking forward

Appendices

45



1045 OCR

FY19

163

9M191H19

166

1Q19 1Q20 1H20

166157

9M20

156 154

171








1069 MDA


46



157 CET1

18921 T2

16 AT1

1Q19 1H19

21 T2

156 CET1 166 CET1

16 AT1 15 AT1

1Q209M19

154 CET 1

19 T2

15 AT1

206

20 T2

171 CET1

FY19

19 T2192

15 AT1

163 CET1

18 T2

15 AT115 AT1

1H20

18 T2

9M20

193 197 198 198

166 CET1



47


55

1Q19 1H19 9M19 FY19 1Q20

52

1H20 9M20

51 50 52 48 48


1H191Q19

65

9M19 FY19

60

9M201H201Q20

61 6068

60 59

Solvency II ratio

1H20 9M20






48




69 customer

driven



NSFR 136 146 ge100

LCR 138 142 ge100



9

6969

9

73

2

63

8

719

10

2

71

FY13

18

13

93

FY18

7

FY14

18

68

86

7

11

3

71

FY15

10

FY19

48

FY16

8

62

48

9

63

1

FY17

8 8

72

7

82

9M20


Total Equity


Government and PSE

Mid-cap

Retail and SME

5

19

76

133 766 139 560 143 690 155 774 163 824 176 045 189 453

FY14 FY15 FY16 FY17 FY18 FY19 3Q20


49










38

2816

36

01

06

16

09 0908

0503 03

0

1000

2000

3000

4000

5000

6000

7000

2020 2021 2022 2023 2024 2025 2026 2027 gt= 2028

m E

UR





50



Tier 2 2 179



KBC Bank

Tier 2 1 680



176

KBC Insurance

Tier 2 500







51






LAA

RCA

MCC

8 P1

175 P2R

435 CBR

8 P1

175 P2R

31 (CBR ndash 125)

100 RWA

95 RWA

= 263as of RWA


x RWATLOF balance

31122017=

967 as of TLOF

Actual in of TLOF

23

59

06

94

05

3Q20

HoldCo senior


CET1

52


1Q201Q19 1H19 9M19 FY19

93104

9M201H20

96 98 10093 94




53



Gro

upBa

nkIn

sura

nce


Baa1 A- A- BBB BBB+

Ba1 BB+ BBB-

Senior Unsecured


A1 A+ A+Tier II


-


- A -- A -

BBB


-




54

Contents




4 Covid-19



7 Looking forward

Appendices

55

COVID-19 (19)





Belgium

Defe

rral

of p

aym

ents

Guar

ante

e Sc

hem

e amp

liq

uidi

ty a

ssist

ance





Czech Republic










56




Slovakia

Defe

rral

of p

aym

ents

Gua

rant

ee S

chem

e amp

liq

uidi

ty a

ssist

ance








COVID-19 (29)









57

COVID-19 (39)













obligors

k

of total loan

portfolio



obligorsk



obligors

k

of total loan

portfolio



obligors

k

of total loan

portfolio



58

COVID-19 (49)

IFRS 9 scenarios













Real GDP growth




59

COVID-19 (59)

IFRS 9 scenarios


Unemployment rate



2020 2021 2022

House-price index



2020 2021 2022

60

COVID-19 (69)







Loan portfolio


852

FY19

113 10735

860 854

33

1Q20

854

11334

1H20

Stage 3 11432

9M20

Stage 1

Stage 2


61

78

99

-2

234

43

150

-3

147

596

57

637

3Q20

2Q20

1Q20

9M20

121

845

52

1 018

Management overlay



Amounts in m EUR


COVID-19 (79)



FY19 3M20 1H20 9M20










62

COVID-19 (89)




36

23

41

Medium

Low

High

10

47

35

29

33

1219


33

9M20



Automotive












63

COVID-19 (99)








Total9M20

OUSTANDING_slide


GCA_info GCRD

GCRD_outstanding

IMP_BS

NPL_segment

GCRD_NPL_historic



GCRD_FORBORNE



GCA_risk_slide


GCRD_GCA_stages


GCRD_PD evolutions



ECL_risk sector


ECL_overlay_country

ECL_overview_9M



overall_imp



GF_ECL_INPUT

CCR_slide

GCRD_CCR data

CCR_historiek
CCR200220032004200520062007200820092010201120122013201420152016201720182019557120113137011191827111942239-6-412

coverage_input Jos


calc_NPL

GCA_risk_sector

ampDampPampNampF

Guidance

Man Overlay_segment


image1emf

Sep-20Sep-20Sep-20

EUR mlnconc

EUR

mln

in perc

points

PD

∆

share

EUR

mln

in perc

points

share

EUR

mln

in perc

points


asymp

30

asymp

164-20-12

asymp

29-12-04

asymp


asymp

20

asymp

62-13-06

asymp

14-202

asymp


asymp

30

asymp

88503

asymp

31-42-12

asymp

04 water708061700

asymp

30

asymp

922229

asymp

02-1-01

asymp

05 chemicals4 679396950640

asymp

13018-18

asymp

261403

asymp

06 metals4 114342200

asymp

40

asymp

23322253

asymp

54800

asymp


asymp

40

asymp

1992729

asymp

54-6-01

asymp

08 IT60705-65-01

asymp

5130756114

asymp

10000

asymp


asymp

40

asymp

189-3902

asymp

472932

asymp

10 automotive6 06150-153-01

asymp

40

asymp

33640373296313

asymp

11 shipping1 78515-285-02

asymp

40

asymp

175-281-112161110

asymp

12 aviation47204-1700

asymp

40

asymp

319726

asymp

62411

asymp


asymp

40

asymp

161-83-31

asymp

31-20-08

asymp

14 beverages1 05909-2000

asymp

40

asymp

122104

asymp

12-8-08

asymp

15 tobacco1600-700

asymp

20

asymp

13005

asymp

00000

asymp


asymp

50

asymp

2735175

asymp

54-27-19

asymp


asymp

50

asymp

373103111

asymp

70915

asymp


asymp

40

asymp

270-809

asymp

15000

asymp

19 media7990711501

asymp

40

asymp

87-25-52

asymp

19-5-10

asymp


asymp

210130-02

asymp

39-93-14

asymp

21 distribution17 4341442-149-02

asymp

50

asymp

263-303-1589-259-14

22 traders2 06417-499-0450

asymp

310-337-71113-723

asymp

23 horeca1 637143700

asymp

50

asymp

3852004

asymp

51602

asymp

24 telecom95108-230-02

asymp

30

asymp

59112

asymp

05001

asymp


asymp

40

asymp

82-7-01

asymp

090-01

asymp


asymp

50

asymp

26639633431200

asymp

28 services25 18720838950740

asymp

179137-01

asymp

245602

asymp

31 unknown3 532294200

asymp

50

asymp

52733289783233

asymp


asymp

2228140642-238-02

Y-1 evolution

GCRD Industry

Annual evolutions

Granted amounts

(in )


PD rating


Credit quality

(PD6-9 in granted)

Credit quality



image2emf

Sep-20Sep-20Sep-20

EUR mlnconc

EUR

mln

in perc

points

PD

∆

share

EUR

mln

in perc

points

share

EUR

mln

in perc

points


asymp

30

asymp

164-20-12

asymp

29-12-04

asymp


asymp

20

asymp

62-13-06

asymp

14-202

asymp


asymp

30

asymp

88503

asymp

31-42-12

asymp

04 water708061700

asymp

30

asymp

922229

asymp

02-1-01

asymp

05 chemicals4 679396950640

asymp

13018-18

asymp

261403

asymp

06 metals4 114342200

asymp

40

asymp

23322253

asymp

54800

asymp


asymp

40

asymp

1992729

asymp

54-6-01

asymp

08 IT60705-65-01

asymp

5130756114

asymp

10000

asymp


asymp

40

asymp

189-3902

asymp

472932

asymp

10 automotive6 06150-153-01

asymp

40

asymp

33640373296313

asymp

11 shipping1 78515-285-02

asymp

40

asymp

175-281-112161110

asymp

12 aviation47204-1700

asymp

40

asymp

319726

asymp

62411

asymp


asymp

40

asymp

161-83-31

asymp

31-20-08

asymp

14 beverages1 05909-2000

asymp

40

asymp

122104

asymp

12-8-08

asymp

15 tobacco1600-700

asymp

20

asymp

13005

asymp

00000

asymp


asymp

50

asymp

2735175

asymp

54-27-19

asymp


asymp

50

asymp

373103111

asymp

70915

asymp


asymp

40

asymp

270-809

asymp

15000

asymp

19 media7990711501

asymp

40

asymp

87-25-52

asymp

19-5-10

asymp


asymp

210130-02

asymp

39-93-14

asymp

21 distribution17 4341442-149-02

asymp

50

asymp

263-303-1589-259-14

22 traders2 06417-499-0450

asymp

310-337-71113-723

asymp

23 horeca1 637143700

asymp

50

asymp

3852004

asymp

51602

asymp

24 telecom95108-230-02

asymp

30

asymp

59112

asymp

05001

asymp


asymp

40

asymp

82-7-01

asymp

090-01

asymp


asymp

50

asymp

26639633431200

asymp

28 services25 18720838950740

asymp

179137-01

asymp

245602

asymp

31 unknown3 532294200

asymp

50

asymp

52733289783233

asymp


asymp

2228140642-238-02

Y-1 evolution

GCRD Industry

Annual evolutions

Granted amounts

(in )


PD rating


Credit quality

(PD6-9 in granted)

Credit quality



image3png

image4png

1

2

3

4

5

6

7

A

B

C

D


9M20

Optimistic

Base

EUR m

15

45

KBC Group

471

621

By country

Belgium

300

366


64

Contents




4 Covid-19



7 Looking forward

Appendices

65










Moodyrsquos Fitch




66










Not

e Ho

lder

s

Covered bonds

ProceedsIssuer

Cover PoolMonitor




67



Collateral type


Test


Liquidity Test

Cap on Issuance

1

2

3

4

5









68







69

Contents




4 Covid-19



7 Looking forward

Appendices

70















71



Certification

Verification





Green Bond funding







KBC Green Bond 2018

KBC GreenBond 2020




72

Contents




4 Covid-19



7 Looking forward

Appendices

73

Looking forward


Economicoutlook

Group guidance






74

Appendices







75

Guidance End 2019












76


End 2019




BU BE gt 2 by 2020 +1

BU CR gt 15 by 2020 +12

BU IM gt 10 by 2020 +22



BU BE gt 2 by 2020 +1

BU CR gt 15 by 2020 +17

BU IM gt 15 by 2020 +25




77




78




MREL

Additional Tier1


write-down 5125


write-down 5125



tax call


tax call


tax call








79






No of Loans 230 571













80




Linear1

Annuity99


32

Renovation7

Construction11

Other0


1

Vlaams Brabant

18

Antwerpen28

Limburg12

Luik2

Namen0

Henegouwen1

Luxemburg0

West-Vlaanderen

14

Oost-Vlaanderen

18

No review75

1 y 1 y8

3 y 3 y11

5 y 5 y5

10 y 5 y1

15 y 5 y0

20 y 5 y0

81




000

1000

2000

3000

4000

5000

6000

7000

8000

2018 - 2022 2023 - 2027 2028 - 2032 gt 2032


187 months

000

500

1000

1500

2000

2500

0 - 12 13 - 2425 - 3637 - 4849 - 6061 - 7273 - 8485 - 9697 -108 109 -


494 months

000100020003000400050006000700080009000

10000

lt 2

5

25

lt to

lt=

30

30

lt to

lt=

35

35

lt to

lt=

40

40

lt to

lt=

45

45

lt to

lt=

50

50

lt to

lt=

55

55

lt to

lt=

60

60

lt to

lt=

65

65

lt to

lt=

70

gt 7

0Weighted


174

000200400600800

10001200140016001800

lt= 1

0

10

lt to

lt=

20

20

lt to

lt=

30

30

lt to

lt=

40

40

lt to

lt=

50

50

lt to

lt=

60

60

lt to

lt=

70

70

lt to

lt=

80

80

lt to

lt=

90

90

lt to

lt=

100

100

lt to

lt=

110

110

lt to

lt=

120

120

lt to

lt=

130

130

lt to

lt=

140

140

lt to

lt=1

50

150

lt


656

82


500 000

550 000

600 000

650 000

700 000

750 000

800 000

850 000

900 000

Source FOD Economie



83


84







85



Comment



COVID-19 outliers


exposure in EUR)




draft RTS








86






GROUPCENTRE

BRANCHES (end 3Q20) 507 221 117 208 176 16










88


B3 Basel III



















Glossary (12)

89

Glossary (22)








90

Contacts Questions



Slide Number 1



Slide Number 4

Contents




Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19






Contents












Cover ratios



Slide Number 40




Contents










Contents










Contents


Slide Number 66

Slide Number 67

Slide Number 68

Contents



Contents

Looking forward

Appendices

Slide Number 75

Slide Number 76


Slide Number 78










Glossary (12)

Glossary (22)

Contacts Questions





Toestand 32020 en 62020 + 72020



2Q 2020 1Q 2020



TOTAL 0 0 0 TOTAL 2832 2735 5568













23 horeca 0 23 horeca 731 315 1046








4 water 0 4 water 0






8 IT 0 8 IT 0





Base 1100 45 495








SMECORP of which

28 services

21 distibution

27 real estate



10 automotive

13 food producers

3 electricity

6 metals

5 chemicals


11 shipping

23 horeca

22 traders



9 electrotechnics

Corporates lt 05


14 beverages

4 water

18 paper amp pulp

19 media

24 telecom

12 aviation


8 IT

15 tobacco

31 sector unknown

Retail

of which mortgages



oustanding 179365562022753

34




KBC Group 484 611 870 696 44 44 167 93 789 746 43 746 150 596 43

By country

Belgium 285 355 478 393 20 20 20 20 413 378 35 378 49 329 35

Czech Republic 103 129 186 148 10 10 10 10 158 152 6 152 17 135 6

Slovakia 30 34 50 40 0 0 0 0 40 39 1 39 6 33 1

Hungary 37 48 69 55 0 0 0 0 55 54 1 54 13 41 1

Bulgaria 5 14 19 15 13 13 13 13 28 28 na 28 5 23 na

Ireland 24 32 68 45 1 1 124 50 95 95 na 95 60 35 na

Simulatie guidance


354 actuals 177 2

1143 vs 11 bn



177 Actuals

754 vs 08 bn




1317 vs 16 bn







SME SME 457 440 459 459 SME 554 533 523 533 SME 215






SME SME 32 32 30 30 SME 1212 1212 1140 1160 SME 38374 38374 37921 38173







SME SMECORP SME SME


all all







all all

Stage 1 63020 33120 123119 63020 33120 123119





SME SMECORP SME SME


all all







INFO MARTIJN


1999 30

2000 30

2001 30

2002 55

2003 71

2004 20 198

2005 1 35

2006 13 177

2007 13 185

2008 70 822

2009 111 1903

2010 91 1483

2011 82 1333

2012 71 1072

2013 119 1719

2014 42 587

2015 23 323

2016 9 126

2017 -6 -87

2018 -4 -62

2019 12 203

average 02-19 441

average 99-19 420





Belgium 570039165 727207199 114692690674 0634 0634 364002274 48868856 157168035 727207200 314336069 0274 0274 412871130


Int Markets 222330762 227123005 27557969513 0824 0824 133572746 83965774 4792243 227123005 9584485 0035 0035 217538519

Group - 9111424 - 18222848 3451882903 -0528 -0528 - 0 - 0 -9111424 -18222848 - 18222848 -0528 -0528 - 0

Grand Total 961431083 1135031234 177398175472 0640 0640 637596302 150234630 173600152 1135031235 347200302 0196 0196 787830931

- 0

BU Int Markets - 0

CSOB SR 47528277 55255390 8350691035 0662 0662 33501164 6300000 7727113 55255390 15454226 0185 0185 39801164



KBC IRL 95163665 95113751 10098430734 0942 0942 35213579 60000000 -49914 95113751 - 99828 -0001 -0001 95213579

Grand Total 222330762 227123005 27557969513 0824 0824 133572746 83965774 4792242 227123004 9584485 0035 0035 217538520





Belgium 609599605 676298881 114451112269 0591 0591 361468154 48033624 200097827 676298881 266797103 0233 0233


Int Markets 216128798 219229265 27755918783 0790 0790 121004647 85822751 9301400 219229265 12401867 0045 0045

Group - 6968602 - 9291469 3396475323 -0274 -0274 - 0 - 0 -6968602 -9291469 - 9291469 -0274 -0274

Grand Total 1011834694 1088002003 177156911201 0614 0614 635789034 147543734 228501926 1088002003 304669235 0172 0172

BU Int Markets

CSOB SR 42600524 44513125 8406424944 0530 0530 33809969 3052751 5737804 44513125 7650406 0091 0185



KBC IRL 94808011 95377549 10142543033 0940 0940 26099396 67000000 1708615 95377549 2278153 0022 0022

Grand Total 216128798 219229265 27755918783 0790 0790 121004647 85822751 9301400 219229265 12401867 0045 0045



Belgium 040 028 063 027 059 023 -004 -004

Czech Republic 010 002 062 010 064 010 002 000


Slovakia 030 025 066 019 053 019 -013 000

Hungary -012 -022 096 -004 089 -009 -007 -004

Bulgaria 031 031 066 -011 081 017 015 028

Ireland 006 006 094 000 094 002 -000 002

Group Centre -107 -107 -053 053 000

KBC GROUP 027 017 064 020 061 017 -003 -002


2Q 2020 3Q20 2Q20 1Q20 9M2020



TOTAL 845 53 619 173 -5 -8 26 -23 -2 0 30 -32 -3 -8 -4 9 54 599 93 596 0 547 49 150 54 52 44 248 53 73 124 31Dec1899 121 0 0 0 43 0 43 0 78 0 0 0 966 53 619 173 784 46 668 70

BE 458 29 338 91 -3 -2 -1 0 -2 0 -2 0 -1 -2 1 0 23 335 20 329 0 309 20 49 23 26 0 129 29 29 71 116 0 0 0 35 0 35 0 81 0 0 0 574 29 338 91 410 21 369 20

CR 170 7 154 10 9 -3 13 -1 13 0 14 -1 -4 -3 -1 0 9 133 10 135 0 125 10 17 9 8 0 35 7 29 0 8 0 0 0 6 0 6 0 2 0 0 0 178 7 154 10 167 6 152 9

HU 55 8 47 0 -1 -2 1 0 3 0 3 0 -4 -2 -2 0 7 47 0 41 0 41 0 13 7 6 0 14 8 6 0 -2 0 0 0 1 0 1 0 -3 0 0 0 53 8 47 0 54 5 49 0

SK 41 2 34 6 -3 -2 -1 0 -0 0 -0 0 -3 -2 -1 0 3 36 0 33 0 33 0 6 3 3 0 8 2 1 6 6 0 0 0 1 0 1 0 5 0 0 0 47 2 34 6 37 1 36 0

BU 23 -2 9 17 -5 2 1 -8 -7 0 1 -8 2 2 -0 0 3 12 13 23 0 10 13 5 3 2 0 0 -2 -1 4 3 0 0 0 0 0 0 0 3 0 0 0 26 -2 9 17 23 5 13 5

IE 97 9 38 49 -2 -1 13 -14 -9 0 14 -23 7 -1 -1 9 9 36 50 35 0 29 6 60 9 7 44 62 9 9 43 -1 0 0 0 0 0 0 0 -1 0 0 0 96 9 38 49 93 8 49 36

TOTAL -5 54 599 93 -5 -8 26 -23 -2 0 30 -32 -3 -8 -4 9 54 599 93 596 0 547 49 150 54 52 44 0 0 0 0 0 0 0 0 43 0 43 0 0 0 0 0 -5 54 599 93 784 46 668 70

Retail 9 13 132 70 9 0 25 -16 2 0 27 -25 7 0 -2 9 13 132 70 137 0 111 26 78 13 21 44 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9 13 132 70 224 13 157 54



SME -124 8 311 23 -124 -3 -114 -7 -119 0 -112 -7 -5 -3 -2 0 8 311 23 322 0 299 23 20 8 12 -0 0 0 0 0 0 0 0 0 31 0 31 0 0 0 0 0 -124 8 311 23 249 5 228 16

Corporate 110 33 156 0 110 -5 115 -0 115 0 115 0 -5 -5 0 -0 33 156 0 137 0 137 0 52 33 19 0 0 0 0 0 0 0 0 0 12 0 12 0 0 0 0 0 110 33 156 0 311 28 283 0




OPTIMISTIC FIGURES




EUR m 150 100 50 100

KBC Group 146 200 52 86 484

By country

Belgium 90 136 42 17 284


Slovakia 10 12 2 6 30

Hungary 10 14 3 10 37

Bulgaria 1 1 1 2 5

Ireland 0 0 0 24 24

PESSIMISTIC FIGURES




EUR m 150 100 50 100

KBC Group 248 337 96 189 870

By country

Belgium 150 222 77 29 478


Slovakia 17 19 4 10 50

Hungary 17 25 5 22 69

Bulgaria 3 5 2 9 19

Ireland 0 0 0 68 68


BASE FIGURES




EUR m 150 100 50 100

KBC Group 175 244 68 124 611

By country

Belgium 111 167 55 21 354


Slovakia 10 13 3 8 34

Hungary 12 17 3 16 48

Bulgaria 2 4 1 7 14

Ireland 0 0 0 32 32

WEIGHTED FIGURES





KBC Group 484 611 870 696 44 44 167 93 789 746 43

By country

Belgium 285 355 478 393 20 20 20 20 413 378 35

Czech Republic 103 129 186 148 10 10 10 10 158 152 6

Slovakia 30 34 50 40 0 0 0 0 40 39 1

Hungary 37 48 69 55 0 0 0 0 55 54 1

Bulgaria 5 14 19 15 13 13 13 13 28 28 na

Ireland 24 32 68 45 1 1 124 50 95 95 na

WEIGHTED FIGURES





KBC Group 484 611 870 696 44 44 167 93 789 746 43 746 150 596

By country

Belgium 285 355 478 393 20 20 20 20 413 378 35 378 49 329

Czech Republic 103 129 186 148 10 10 10 10 158 152 6 152 17 135

Slovakia 30 34 50 40 0 0 0 0 40 39 1 39 6 33

Hungary 37 48 69 55 0 0 0 0 55 54 1 54 13 41

Bulgaria 5 14 19 15 13 13 13 13 28 28 na 28 5 23

Ireland 24 32 68 45 1 1 124 50 95 95 na 95 60 35


1Q 2020 1Q20 1H2020



TOTAL 121 8 48 65 43 0 43 0 43 0 43 0 78 8 5 65 0 121 0 0 0 43 0 43 0 78 0 0 0 242 8 48 65 86 0 86 0

of which

BE 116 6 42 69 35 0 35 0 35 0 35 0 81 6 7 69 116 0 0 0 35 0 35 0 81 0 0 0 232 6 42 69 70 0 70 0

CR 8 2 3 2 6 0 6 0 6 0 6 0 2 2 -3 2 8 0 0 0 6 0 6 0 2 0 0 0 16 2 3 2 12 0 12 0

HU -2 0 3 -4 1 0 1 0 1 0 1 0 -3 0 2 -4 -2 0 0 0 1 0 1 0 -3 0 0 0 -4 0 3 -4 2 0 2 0

SK 6 0 2 3 1 0 1 0 1 0 1 0 5 0 1 3 6 0 0 0 1 0 1 0 5 0 0 0 12 0 2 3 2 0 2 0

BU 3 0 0 3 0 0 0 0 0 0 0 0 3 0 0 3 3 0 0 0 0 0 0 0 3 0 0 0 6 0 0 3 0 0 0 0

IE -1 0 1 -3 0 0 0 0 0 0 0 0 -1 0 1 -3 -1 0 0 0 0 0 0 0 -1 0 0 0 -2 0 1 -3 0 0 0 0

2Q 2020 1Q20 1H2020



TOTAL 845 53 619 173 746 54 599 93 596 0 547 49 150 54 52 44 99 -1 20 80 0 121 0 0 0 43 0 43 0 78 0 0 0 966 53 619 173 789 54 642 93

of which

BE 458 29 338 91 378 23 335 20 329 0 309 20 49 23 26 0 80 6 3 71 116 0 0 0 35 0 35 0 81 0 0 0 574 29 338 91 413 23 370 20

CR 170 7 154 10 152 9 133 10 135 0 125 10 17 9 8 0 18 -2 21 0 8 0 0 0 6 0 6 0 2 0 0 0 178 7 154 10 158 9 139 10

HU 55 8 47 0 54 7 47 0 41 0 41 0 13 7 6 0 1 1 0 0 -2 0 0 0 1 0 1 0 -3 0 0 0 53 8 47 0 55 7 48 0

SK 41 2 34 6 39 3 36 0 33 0 33 0 6 3 3 0 2 -1 -2 6 6 0 0 0 1 0 1 0 5 0 0 0 47 2 34 6 40 3 37 0

BU 23 -2 9 17 28 3 12 13 23 0 10 13 5 3 2 0 -5 -5 -3 4 3 0 0 0 0 0 0 0 3 0 0 0 26 -2 9 17 28 3 12 13

IE 97 9 38 49 95 9 36 50 35 0 29 6 60 9 7 44 2 0 2 -1 -1 0 0 0 0 0 0 0 -1 0 0 0 96 9 38 49 95 9 36 50

7 81 12




TOTAL 52 6 36 10 -5 -8 26 -23 -2 0 30 -32 -3 -8 -4 9 57 14 10 33 0 121 0 0 0 43 0 43 0 78 0 0 0 173 6 36 10 38 -8 69 -23

of which

BE 41 12 11 18 -3 -2 -1 0 -2 0 -2 0 -1 -2 1 0 44 14 12 18 116 0 0 0 35 0 35 0 81 0 0 0 157 12 11 18 32 -2 34 0

CR 15 -6 12 9 9 -3 13 -1 13 0 14 -1 -4 -3 -1 0 6 -3 -1 10 8 0 0 0 6 0 6 0 2 0 0 0 23 -6 12 9 15 -3 19 -1

HU -3 -1 2 -4 -1 -2 1 0 3 0 3 0 -4 -2 -2 0 -2 1 1 -4 -2 0 0 0 1 0 1 0 -3 0 0 0 -5 -1 2 -4 0 -2 2 0

SK -5 -2 -3 0 -3 -2 -1 0 -0 0 -0 0 -3 -2 -1 0 -2 -0 -2 0 6 0 0 0 1 0 1 0 5 0 0 0 1 -2 -3 0 -2 -2 -0 0

BU 2 2 2 -1 -5 2 1 -8 -7 0 1 -8 2 2 -0 0 7 0 1 7 3 0 0 0 0 0 0 0 3 0 0 0 5 2 2 -1 -5 2 1 -8

IE 0 0 13 -14 -2 -1 13 -14 -9 0 14 -23 7 -1 -1 9 2 1 -0 0 -1 0 0 0 0 0 0 0 -1 0 0 0 -1 0 13 -14 -2 -1 13 -14






TOTAL 0 746 0 653 93 CR 0 0 0 0 135 0 125 10 0 0 0 0 0 0 0 0 6 0 6 0 0 0 0 0

BE 0 378 0 358 20 HU 0 0 0 0 41 0 41 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0

CR 0 152 0 142 10 SK 0 0 0 0 33 0 33 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0

HU 0 54 0 54 0 BU 0 0 0 0 23 0 10 13 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

SK 0 39 0 39 0 IE 0 0 0 0 35 0 29 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

BU 0 28 0 15 13

IE 0 95 0 45 50 TOTAL 0 0 0 0 596 0 547 49 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Retail 0 0 0 0 137 0 111 26 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0





SME 0 361 0 338 23

Corporate 0 170 0 170 0


WEIGHTED FIGURES



2Q 2020 1Q20 1H2020



TOTAL 845 53 619 173 746 54 599 93 596 0 547 49 150 54 52 44 248 53 73 124 0 121 0 0 0 43 0 43 0 78 0 0 0 966 53 619 173 789 54 642 93

BE 458 29 338 91 378 23 335 20 329 0 309 20 49 23 26 0 129 29 29 71 116 0 0 0 35 0 35 0 81 0 0 0 574 29 338 91 413 23 370 20

CR 170 7 154 10 152 9 133 10 135 0 125 10 17 9 8 0 35 7 29 0 8 0 0 0 6 0 6 0 2 0 0 0 178 7 154 10 158 9 139 10

HU 55 8 47 0 54 7 47 0 41 0 41 0 13 7 6 0 14 8 6 0 -2 0 0 0 1 0 1 0 -3 0 0 0 53 8 47 0 55 7 48 0

SK 41 2 34 6 39 3 36 0 33 0 33 0 6 3 3 0 8 2 1 6 6 0 0 0 1 0 1 0 5 0 0 0 47 2 34 6 40 3 37 0

BU 23 -2 9 17 28 3 12 13 23 0 10 13 5 3 2 0 0 -2 -1 4 3 0 0 0 0 0 0 0 3 0 0 0 26 -2 9 17 28 3 12 13

IE 97 9 38 49 95 9 36 50 35 0 29 6 60 9 7 44 62 9 9 43 -1 0 0 0 0 0 0 0 -1 0 0 0 96 9 38 49 95 9 36 50

TOTAL 746 54 599 93 746 54 599 93 596 0 547 49 150 54 52 44 0 0 0 0 0 0 0 0 43 0 43 0 0 0 0 0 746 54 599 93 789 54 642 93

Retail 215 13 132 70 215 13 132 70 137 0 111 26 78 13 21 44 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 215 13 132 70 215 13 132 70



SME 342 8 311 23 342 8 311 23 322 0 299 23 20 8 12 -0 0 0 0 0 0 0 0 0 31 0 31 0 0 0 0 0 342 8 311 23 373 8 342 23

Corporate 189 33 156 0 189 33 156 0 137 0 137 0 52 33 19 0 0 0 0 0 0 0 0 0 12 0 12 0 0 0 0 0 189 33 156 0 201 33 168 0



458 ok


1Q2020 2Q2020 3Q2020 9M20 9M20




BE 35 0 35 0 378 23 335 20 329 0 309 20 49 23 26 0 -3 -2 -1 0 -2 0 -2 0 -1 -2 1 0 410 21 369 20 362 48 31 33 36

CR 6 0 6 0 152 9 133 10 135 0 125 10 17 9 8 0 9 -3 13 -1 13 0 14 -1 -4 -3 -1 0 167 6 152 9 154 13

HU 1 0 1 0 54 7 47 0 41 0 41 0 13 7 6 0 -1 -2 1 0 3 0 3 0 -4 -2 -2 0 54 5 49 0 45 9

SK 1 0 1 0 39 3 36 0 33 0 33 0 6 3 3 0 -3 -2 -1 0 -0 0 -0 0 -3 -2 -1 0 37 1 36 0 34 3

BU 0 0 0 0 28 3 12 13 23 0 10 13 5 3 2 0 -5 2 1 -8 -7 0 1 -8 2 2 -0 0 23 5 13 5 16 7

IE 0 0 0 0 95 9 36 50 35 0 29 6 60 9 7 44 -2 -1 13 -14 -9 0 14 -23 7 -1 -1 9 93 8 49 36 26 67

TOTAL 43 0 43 0 746 54 599 93 596 0 547 49 150 54 52 44 -5 -8 26 -23 -2 0 30 -32 -3 -8 -4 9 784 46 668 70 637 147

Retail 0 0 0 0 215 13 132 70 137 0 111 26 78 13 21 44 9 0 25 -16 2 0 27 -25 7 0 -2 9 224 13 157 54 139 85

mortgages 0 0 0 0 164 13 82 69 88 0 63 25 76 13 19 44 8 0 25 -17 -1 0 25 -26 9 0 -0 9 172 13 107 52 87 86

consumer fin 0 0 0 0 51 0 50 1 49 0 48 1 2 0 2 0 1 -0 -0 1 3 0 2 1 -2 -0 -2 -0 52 -0 50 2 52 0

SME 31 0 31 0 342 8 311 23 322 0 299 23 20 8 12 -0 -124 -3 -114 -7 -119 0 -112 -7 -5 -3 -2 0 249 5 228 16 234 15

Corporate 12 0 12 0 189 33 156 0 137 0 137 0 52 33 19 0 110 -5 115 -0 115 0 115 0 -5 -5 0 -0 311 28 283 0 264 47

Stage 0 100 0 0 7 80 12 6 85 9





KBC Group 471 621 908 714 70 784 -5 746 43

By country

Belgium 300 366 450 390 20 410 -3 378 35

Czech Republic 95 143 198 158 9 167 9 152 6

Slovakia 23 30 50 37 0 37 -3 39 1

Hungary 24 38 82 54 0 54 -1 54 1

Bulgaria 7 16 25 18 5 23 -5 28 na

Ireland 22 28 103 57 36 93 -2 95 na

versus 6M20 484 611 870 696 93 789




KBC Group 484 611 870 696 93 789

By country

Belgium 285 355 478 393 20 413

Czech Republic 103 129 186 148 10 158

Slovakia 30 34 50 40 0 40

Hungary 37 48 69 55 0 55

Bulgaria 5 14 19 15 13 28

Ireland 24 32 68 45 50 95




KBC Group -13 10 38 18 -23 -5

By country

Belgium 15 11 -28 -3 0 -3


Slovakia -7 -4 -0 -3 0 -3

Hungary -13 -10 13 -1 0 -1

Bulgaria 2 2 6 4 -8 -5

Ireland -2 -4 35 12 -14 -2





EUR m 150 100 50 EUR m 150 100 50




DIFF qoq 50 -40 -7 7 9







Belgium 300 366 450 390 20 410 -3 378 35 Belgium 285 355 478 393 20 413 378 35



Hungary 24 38 82 54 0 54 -1 54 1 Hungary 37 48 69 55 0 55 54 1



TOTAL 707 2795 3632 713

714

Belgium 450 1646 1799 3895018


Slovakia 34 135 199 37

Hungary 37 172 327 54

Bulgaria 10 71 101 18

Ireland 33 124 414 57

707 2795 3632 7133

714




EUR m 150 100 50

9M20




6M20




Delta 9M20 vs 6M20







S2 15805019184 22760171724 6955152540

S3 5645003706 7679235928 2034232221 112





Current scenario


Stage 1 8540 153166 200 013

Stage 2 1130 20176 921 456

Stage 3 340 6024 2696 4475

Total 100 179366 3817




Stage 1 7930 142237 200 014

Stage 2 1630 29237 921 315

Stage 3 440 7892 2696 3416

Total 100 179366 3817

2Q2020




S2 15805019184 22760171724 6955152540

S3 5645003706 7679235928 2034232221 112

3Q2020




S2 16715664663 22479425459 5763760796

S3 6236744126 8486799696 2250055570 13 From S1ampS2-gt S3

Current scenario


Stage 1 8540 153166 200 013

Stage 2 1130 20176 921 456

Stage 3 340 6024 2696 4475

Total 100 179366 3817




Stage 1 7930 142237 200 014

Stage 2 1630 29237 921 315

Stage 3 440 7892 2696 3416

Total 100 179366 3817








28 services 18022651753 3219536638 18 9036306768 50 5766808347 32 16514669782 2902176805 18 8307768647 50 5304724330 32 1116590805 239620721 21 511267464 46 365702621 33 280315566 70736719 25 142021358 51 67557489 24 111075599 7002392 6 75249300 68 28823907 26 0

21 distibution 11733410419 4744785205 40 3008640897 26 3979984317 34 8978653306 3829397262 43 2290642777 26 2858613267 32 1861275772 688298890 37 524272096 28 648704786 35 509657672 119159725 23 122514867 24 267983080 53 383823670 107929329 28 71211157 19 204683184 53 0

NEW 3Q 27 real estate 11894058273 3128110453 26 7414413226 62 1351534594 11 8600865196 2251324338 26 5199885084 60 1149655774 13 2237035423 520092891 23 1552854344 69 164088188 7 505961547 179200885 35 302011420 60 24749243 5 549725972 177100094 32 359584489 65 13041390 2 470134 392245 83 77890 17 0



NEW 3Q 10 automotive 4258374704 3455755362 81 802619342 19 0 0 2402118699 1982035093 83 420083606 17 0 0 1285856394 1032657597 80 253198797 20 0 0 271340392 244320814 90 27019578 10 0 0 299059218 196741858 66 102317361 34 0 0 0

13 food producers 2939245018 0 0 509342438 17 2429902580 83 2502824569 0 0 495808013 20 2007016556 80 168945121 0 0 9328521 6 159616599 94 211531211 0 0 2685078 1 208846133 99 55944118 0 0 1520826 3 54423292 97 0

3 electricity 2800851831 0 0 2800851831 100 0 0 1904319288 0 0 1904319288 100 0 0 313147066 0 0 313147066 100 0 0 305187645 0 0 305187645 100 0 0 278197832 0 0 278197832 100 0 0 0

NEW 3Q 6 metals 2425052155 1846067276 76 510046483 21 68938395 3 1725196947 1344913633 78 348639081 20 31644233 2 491138614 322187656 66 134067955 27 34883003 7 113432892 96110265 85 14911468 13 2411159 2 95283701 82855721 87 12427980 13 0 0 0

NEW 3Q 5 chemicals 2262624218 832709 0 1764062608 78 497728901 22 1830496419 832709 0 1383983577 76 445680134 24 178404295 0 0 154718787 87 23685508 13 204517117 0 0 176296061 86 28221056 14 49206386 0 0 49064183 100 142203 0 0


11 shipping 1566701514 1566701514 100 0 0 0 0 1550831094 1550831094 100 0 0 0 0 7182683 7182683 100 0 0 0 0 8478866 8478866 100 0 0 0 0 208871 208871 100 0 0 0 0 0

23 horeca 1327077845 1327077845 100 0 0 0 0 1114169750 1114169750 100 0 0 0 0 145643074 145643074 100 0 0 0 0 58181775 58181775 100 0 0 0 0 9083247 9083247 100 0 0 0 0 0

22 traders 1012808458 309097398 31 671384002 66 32327059 3 888984720 238713410 27 620949417 70 29321893 3 84578635 61559324 73 22468262 27 551048 1 25103930 3865676 15 20902208 83 336046 1 14141174 4958988 35 7064115 50 2118072 15 0




Corporates lt 05


14 beverages 590058725 0 0 587706928 100 2351798 0 319572326 0 0 318302046 100 1270280 0 246039846 0 0 245830777 100 209069 0 17020124 0 0 16147675 95 872449 5 7426429 0 0 7426429 100 0 0 0

4 water 556195915 0 0 0 0 556195915 100 247217462 0 0 0 0 247217462 100 79531309 0 0 0 0 79531309 100 96710361 0 0 0 0 96710361 100 132736782 0 0 0 0 132736782 100 0

18 paper amp pulp 324243316 0 0 2401493 1 321841823 99 257633391 0 0 2320373 1 255313018 99 35458901 0 0 81120 0 35377781 100 25863186 0 0 0 0 25863186 100 5287838 0 0 0 0 5287838 100 0

NEW 3Q 19 media 496287439 5831199 1 462497954 93 27958286 6 312184066 4925680 2 301671619 97 5586767 2 155702775 119905 0 133257388 86 22325481 14 7623389 785614 10 6791738 89 46038 1 20777209 0 0 20777209 100 0 0 0

24 telecom 402989688 0 0 0 0 402989688 100 196559277 0 0 0 0 196559277 100 135167412 0 0 0 0 135167412 100 11246828 0 0 0 0 11246828 100 60016171 0 0 0 0 60016171 100 0

12 aviation 340719009 340719009 100 0 0 0 0 221856910 221856910 100 0 0 0 0 39698022 39698022 100 0 0 0 0 78974801 78974801 100 0 0 0 0 189276 189276 100 0 0 0 0 0


NEW 3Q 8 IT 320269316 85443678 27 233512805 73 1312834 0 268759183 73319817 27 194140951 72 1298415 0 32643338 3324021 10 29305024 90 14293 0 5090436 1661549 33 3428762 67 125 0 13776359 7138290 52 6638068 48 0 0 0

15 tobacco 29688 0 0 0 0 29688 100 29688 0 0 0 0 29688 100 0 0 0 0 0 0 0 0 0 0 0 0 0

31 sector unknown 1296764966 -0 -0 1296764966 100 0 0 780910398 0 0 780910398 100 0 0 477868209 -0 -0 477868209 100 0 0 5887271 -0 -0 5887271 100 0 0 32099088 0 0 32099088 100 0 0 0

33120 33120 33120 33120 33120 33120 33120 33120 33120 33120 63020 63020 63020 63020 63020 33120 33120 33120 33120 33120


31Dec2019 31Mar2020 30Jun2020 30Sep2020












SMECORP S_6 6 metals 2466 14 1599 657 211 2683 15 1815 664 204 2640 15 1734 655 251 2582 14 1711 738 133 -106115 -00 -23 83 -118




SMECORP S_23 23 horeca 1228 07 914 214 101 1236 07 883 253 101 1283 07 837 342 104 1282 07 892 324 66 -106115 00 54 -18 -38





Corporates lt 05



SMECORP S_4 4 water 451 03 413 36 2 451 03 417 33 1 509 03 475 32 1 487 03 451 35 1 -106115 -00 -24 2 -0


SMECORP S_19 19 media 467 03 416 40 11 427 02 363 54 10 502 03 458 36 8 509 03 467 35 7 -106115 00 9 -1 -1




SMECORP S_8 8 IT 281 02 226 51 5 283 02 229 49 5 302 02 237 60 5 282 02 225 52 5 -106115 -00 -12 -9 0













10 automotive 4583 3723 812 35 860 188 08 0 00 00 4634 26 -51 1000 0 26

13 food producers 3042 0 00 00 559 184 05 2483 816 23 3010 17 32 1000 0 17

3 electricity 2729 0 00 00 2729 1000 26 0 00 00 2787 16 -58 1000 0 15

6 metals 2640 1510 572 14 1046 396 10 84 32 01 2683 15 -43 1000 0 15

5 chemicals 2448 1 00 00 2074 847 20 373 152 04 2430 14 17 1000 0 14




22 traders 873 262 300 02 596 683 06 14 16 00 1109 06 -237 1000 0 05




Corporates lt 05


14 beverages 717 0 00 00 714 995 07 3 05 00 685 04 32 1000

4 water 509 0 00 00 0 00 00 509 1000 05 451 03 58 1000

18 paper amp pulp 424 0 00 00 3 08 00 421 992 04 441 02 -17 1000

19 media 502 6 11 00 464 925 04 32 64 00 427 02 75 1000

24 telecom 408 0 00 00 0 00 00 408 1000 04 400 02 8 1000

12 aviation 345 345 1000 03 0 00 00 0 00 00 356 02 289 81 03 -11 1000


8 IT 302 99 329 01 203 671 02 0 01 00 283 02 20 1000

15 tobacco 0 0 00 00 0 00 00 0 1000 00 0 00 -0 1000

31 sector unknown 1211 0 00 00 1211 1000 11 -0 -00 -00 1196 07 15 1000

TOT SECTORS 84123 21229 252 47245 562 15649 186


Authorities 6366 0 00 00 0 00 6366 1000 60 6567 -201

Retail 73251 71976 1275







Metals 572 396 32









Retail 78102 70357 5522 2223 76695 69064 5342 2288 1408 1293 180 -65




Corporate 94610 96170 -1560


Retail 73251 65853 5170 2228 71976 64679 5005 2291 1275 1174 165 -64




Corporate 67740 69806 -2065

Undrawn 41867 15813 26076 -22 40679 15081 25593 5 1188 732 484 -28

Retail 4851 4504 352 -5 4719 4385 337 -3 133 119 15 -1


Corporate 26870 26364 505


Retail 41 37 3 1 40 36 3 1



SME 21 49 8 2 21 50 8 2

Corporate 38 0 0 0 39 0 0 0





SMECORP of which 107726 5568 52 106115 21229 20 47245 45 37641 35 104421 23679 23 43299 41 37443 36 -1694






10 automotive 4634 4583 3723 812 35 860 188 08 0 00 00 4517 3666 812 35 851 188 08 0 00 00 -67 1000 -0

13 food producers 3010 3042 0 00 00 559 184 05 2483 816 23 3063 0 00 00 531 173 05 2532 827 24 21 1000 0

3 electricity 2787 2729 0 00 00 2729 1000 26 0 00 00 2788 0 00 00 2788 1000 27 0 00 00 60 1000 0

6 metals 2683 2640 1510 572 14 1046 396 10 84 32 01 2582 1965 761 19 543 210 05 73 28 01 -58 1000 -0

5 chemicals 2430 2448 1 00 00 2074 847 20 373 152 04 2440 1 00 00 1902 780 18 537 220 05 -8 1000 0




22 traders 1109 873 262 300 02 596 683 06 14 16 00 848 259 305 02 562 663 05 27 32 00 -25 1000 -0




Corporates lt 05


14 beverages 685 717 0 00 00 714 995 07 3 05 00 703 0 00 00 700 996 07 3 04 00 -14 1000 -0

4 water 451 509 0 00 00 0 00 00 509 1000 05 487 0 00 00 0 00 00 487 1000 05 -22 1000 0

18 paper amp pulp 441 424 0 00 00 3 08 00 421 992 04 404 0 00 00 3 07 00 401 993 04 -20 1000 0

19 media 427 502 6 11 00 464 925 04 32 64 00 509 6 12 00 474 932 05 29 56 00 7 1000 0

24 telecom 400 408 0 00 00 0 00 00 408 1000 04 343 0 00 00 0 00 00 343 1000 03 -65 1000 0

12 aviation 356 289 03 345 345 1000 03 0 00 00 0 00 00 333 333 1000 03 0 00 00 0 00 00 -13 1000 0


8 IT 283 302 99 329 01 203 671 02 0 01 00 282 75 267 01 205 729 02 1 04 00 -21 1000 -0

15 tobacco 0 0 0 00 00 0 00 00 0 1000 00 0 0 00 00 0 00 00 0 1000 00 0 1000 0

31 sector unknown 1196 1211 0 00 00 1211 1000 11 -0 -00 -00 1146 -0 -00 -00 1146 1000 11 0 00 00 -65 1000 0

TOT SECTORS 84123 21229 252 47245 562 15649 186 23679 252 43299 16040


Authorities 6567 6366 0 00 00 0 00 6366 1000 60 6455 0 00 00 0 00 00 6455 1000 62 89

Retail 71976 73251 73251 1275





Belgium 1169932 10350 1209 11559 4746 1256 6002 17562 840 411 1251

Czech Rep 310659 2744 464 3208 1443 541 1984 5192 362 271 633

Int Markets 278252 352 4280 4632 7481 5945 13426 18057 986 2355 3340

KBC IRL 100925 06 4136 4142 6798 4625 11423 15565 827 1542 2368

CSOB SR 84864 148 43 191 133 179 311 502 54 156 210

KampH 55552 30 36 67 103 253 356 423 47 240 287

Bulgaria 36910 168 64 232 447 888 1335 1567 58 417 475

Group 34813 - 0 435 435 438 223 661 1095 111 208 319

total 1793656 13446 6388 19834 14108 7964 22073 41907 2298 3245 5544


all 1793656 13446 6388 19834 14108 7964 22073 41907 2298 3245 5544

Private Persons 732508 1968 4475 6443 7582 5305 12887 19329 919 1919 2837



SME 383744 6189 893 7082 2329 1060 3389 10471 484 373 856

Corporate 677403 5290 1020 6309 4198 1600 5797 12107 895 954 1850









Ireland


all 100925 06 4136 4142 6798 4625 11423 15565 827 1542 2368

Private Persons 100306 06 4136 4142 6798 4594 11393 15535 827 1542 2368



SME 428 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0

Corporate 191 - 0 - 0 - 0 - 0 31 31 31 - 0 - 0 - 0

Hungary


all 55552 30 36 67 103 253 356 423 47 240 287

Private Persons 20179 30 29 60 52 182 234 294 23 169 192



SME 1537 - 0 00 00 - 0 - 0 - 0 00 - 0 - 0 - 0

Corporate 33837 - 0 07 07 51 71 122 129 24 71 95


Stage 3 123117 33118 63018 93018 13118 1518 123119 33120 63020 93020 123119 33120 63020 93020





SME SME 459 459 457 443 SME 533 523 554 530






SME SME 30 30 32 SME 1160 1140 1212 1197


Stage 2 123119 33120 63020 93020 123119 33120 63020 93020





SME SMECORP SME SME


all all







all all

Stage 1 123119 33120 63020 93020 123119 33120 63020 93020





SME SMECORP SME SME


all all









Corporate


of total loans 351 350 348 346 370 384 381 375 377 367 379 365 388 378 369




Cover ratios 581 568 570 538 569 580 553 482 487 509 507 503 549 543 573

SME

SME loans (m EUR) 34089 35434 35378 35970 36661 37101 36968 37155 37336 37871 37807 38173 37921 38374 38496

of total loans 230 232 231 233 226 222 222 225 225 219 214 218 211 214 215




Cover ratios 487 542 537 528 512 520 513 496 502 481 477 459 459 457 443

Private Persons


of total loans 420 418 421 421 404 394 397 399 398 413 407 417 401 408 416




Cover ratios 375 377 384 332 397 391 395 397 402 309 301 305 296 332 322


of total loans 398 393 396 396 379 369 372 373 372 382 375 385 370 378 385




Cover ratios 367 364 367 320 386 380 384 384 387 283 273 278 268 305 296


of total loans 22 25 25 25 25 25 26 26 26 31 31 32 30 31 31




Cover ratios 750 700 808 722 755 736 753 719 740 679 682 676 664 670 659

TOTAL

Total loans 148387 152864 153339 154160 162546 166949 166822 164824 166055 172776 176553 175431 179702 179366 178883


of total loans 68 69 66 60 59 55 55 43 43 37 35 35 33 34 32


Cover ratios 466 473 475 440 478 480 472 448 453 422 420 420 434 448 452



123109 na na na na na 54 123109 0 0 0 166517 123109 0 0 0 8982

123110 38 na na 57 103 67 123110 69073 30053 65121 164247 123110 2653 1725 6704 11082

123111 52 na na 52 99 71 123111 64581 28983 65304 158868 123111 3367 1521 6436 11324

123112 62 na na 50 108 77 123112 60445 29933 56758 147135 123112 3767 1486 6141 11394

123113 114 116 63 53 122 102 123113 56583 54003 2579 32029 49068 137679 123113 6449 6286 163 1687 5972 14108

123114 117 120 57 49 109 99 123114 58192 55676 2517 32089 48649 138931 123114 6808 6664 144 1569 5315 13692

123115 100 102 51 43 98 86 123115 60147 57385 2763 33314 49939 143400 123115 5988 5848 140 1427 4890 12305

123116 84 87 35 38 79 72 123116 62365 59174 3191 34102 51058 147526 123116 5268 5155 113 1294 4021 10583

123117 67 69 33 39 65 60 123117 64919 61000 3919 35970 53271 154160 123117 4322 4192 130 1388 3476 9186


123118 47 48 29 33 46 43 123118 65814 61508 4306 37155 61856 164824 123118 3071 2948 124 1243 2836 7151

123119 32 32 29 30 41 35 123119 73146 67540 5606 38173 64112 175431 123119 2344 2184 160 1160 2656 6160

63020 30 30 29 32 38 34 63020 73251 67748 5503 38374 67740 179366 63020 2228 2066 162 1212 2584 6024

93020 29 29 27 31 36 32 93020 74462 68890 5572 38496 65925 178883 93020 2126 1973 153 1197 2380 5702








123109 na na na na na 38 123109 0 0 0 85269 123109 0 0 0 3242

123110 06 na na 44 71 42 123110 28292 23539 32920 84752 123110 169 1037 2346 3552

123111 07 na na 43 77 44 123111 30657 24558 33990 89205 123111 205 1051 2627 3883

123112 07 na na 43 84 44 123112 32008 25438 31535 88981 123112 214 1106 2633 3953

123113 07 06 35 49 92 47 123113 32263 31062 1201 27493 27158 86913 123113 227 185 42 1343 2502 4072

123114 07 06 30 46 82 43 123114 33337 32276 1060 27232 28492 89060 123114 235 204 32 1251 2340 3826

123115 06 06 27 40 72 38 123115 34382 33284 1098 28025 30406 92813 123115 221 192 29 1124 2203 3549

123116 06 05 20 35 60 33 123116 35286 33890 1396 28847 31511 95644 123116 204 177 27 1006 1900 3111

123117 05 05 16 29 51 28 123117 35159 33668 1491 29183 33463 97805 123117 184 160 24 838 1696 2718

31xx2017 05 05 16 29 44 27 31xx2017 35205 33717 1488 29572 39360 104138 31xx2017 185 160 24 849 1744 2778

123118 05 04 16 26 43 26 123118 35586 33911 1675 30321 42572 108479 123118 177 150 26 791 1816 2784

123119 04 04 10 25 39 24 123119 37001 35304 1697 31068 44323 112392 123119 152 135 17 788 1740 2680

63020 05 05 10 27 36 24 63020 37437 35790 1647 31437 48120 116993 63020 182 165 17 838 1730 2750

93020 05 04 10 27 34 22 93020 38351 36679 1672 31598 46561 116510 93020 177 161 16 857 1566 2600



123109 na na na na na 42 123109 0 0 0 17954 123109 0 0 0 757

123110 35 na na 98 56 53 123110 9299 3413 5623 18334 123110 329 335 314 979

123111 40 na na 83 42 48 123111 9697 3293 6323 19314 123111 384 275 263 922

123112 38 na na 73 41 45 123112 10723 3516 6545 20785 123112 410 255 269 935

123113 41 38 75 69 31 43 123113 7880 7190 690 3382 6454 17716 123113 323 271 52 234 198 755

123114 40 38 64 57 24 38 123114 8431 7682 749 3581 6762 18775 123114 339 291 48 204 163 706

123115 34 31 58 54 25 34 123115 9276 8479 797 3903 7221 20401 123115 312 266 46 213 177 701

123116 25 23 42 49 21 28 123116 10345 9405 941 4063 7472 21880 123116 259 219 39 198 159 616

123117 18 17 33 44 20 24 123117 12093 10944 1149 4702 7553 24348 123117 219 182 37 205 151 576

31xx2017 19 17 38 46 18 24 31xx2017 12098 10944 1154 4770 8188 25056 31xx2017 225 182 43 219 151 595

123118 15 13 33 44 29 24 123118 12963 11691 1273 4750 8005 25718 123118 190 148 41 207 232 628

123119 17 14 39 37 25 23 123119 18524 16196 2327 4934 8867 32325 123119 320 229 91 185 225 729

63020 16 13 41 38 26 22 63020 17940 15745 2195 4722 8405 31066 63020 294 203 90 178 218 690

93020 16 12 39 36 25 21 93020 17888 15733 2155 4636 8258 30781 93020 280 195 85 168 207 654



123109 na na na na na 55 123109 0 0 0 3734 123109 0 0 0 205

123110 57 na na 108 35 61 123110 1427 955 1489 3872 123110 82 103 52 237

123111 46 na na 71 48 49 123111 1639 301 2458 4399 123111 76 21 119 216

123112 35 na na 66 40 40 123112 1835 334 2329 4499 123112 63 22 94 179

123113 31 29 40 48 67 48 123113 2093 1735 359 588 1954 4635 123113 65 51 15 29 130 224

123114 29 27 41 48 56 43 123114 2377 1979 397 576 2113 5065 123114 69 53 16 28 119 215

123115 28 22 52 46 43 37 123115 2790 2219 571 651 2604 6045 123115 78 49 30 30 112 221

123116 22 16 51 43 37 31 123116 3265 2727 538 785 2717 6767 123116 72 45 28 34 101 207

123117 19 14 47 43 31 26 123117 3596 3122 473 853 2858 7307 123117 67 45 22 36 88 191

31xx2017 20 14 59 45 32 28 31xx2017 3606 3127 480 842 2868 7316 31xx2017 72 43 28 38 93 202

123118 13 09 38 40 24 20 123118 3907 3404 503 915 3011 7833 123118 49 30 19 36 71 157

123119 10 07 30 36 22 17 123119 4214 3706 508 962 3039 8215 123119 40 25 15 35 66 141

63020 10 07 34 59 26 21 63020 4406 3914 492 976 3105 8486 63020 44 27 17 58 79 181

93020 08 05 26 47 23 18 93020 4546 4053 492 990 3062 8598 93020 35 22 13 47 69 151



123109 na na na na na 81 123109 0 0 0 6765 123109 0 0 0 550

123110 106 na na 136 124 116 123110 3079 476 3159 6715 123110 325 65 392 782

123111 151 na na 211 91 123 123111 2674 225 2849 5747 123111 403 47 259 709

123112 170 na na 96 90 123 123112 2104 408 2608 5120 123112 357 39 234 630

123113 276 279 244 72 78 154 123113 1960 1769 191 405 2714 5080 123113 540 494 46 29 210 780

123114 265 267 242 65 58 135 123114 1892 1731 161 512 2685 5089 123114 502 463 39 33 154 689

123115 256 260 212 37 49 126 123115 1715 1574 140 530 2297 4542 123115 439 410 30 19 113 572

123116 188 196 96 74 27 91 123116 1764 1627 137 158 2650 4572 123116 332 319 13 12 73 416

123117 139 148 46 33 20 65 123117 1859 1695 164 169 2944 4973 123117 258 251 7 6 59 323

31xx2017 160 170 46 33 20 74 31xx2017 1910 1745 165 169 2944 5023 31xx2017 305 297 8 6 59 370

123118 76 83 24 32 16 38 123118 1826 1632 193 171 3155 5151 123118 139 135 5 5 51 196

123119 47 55 11 30 16 28 123119 2008 1635 373 163 3272 5442 123119 94 90 4 5 54 153

63020 44 53 09 26 10 22 63020 2018 1576 442 154 3384 5555 63020 88 84 4 4 32 124

93020 33 41 08 25 09 18 93020 2082 1591 491 150 3462 5694 93020 69 65 4 4 30 103



123109 na na na na na 260 123109 0 0 0 756 123109 0 0 0 196

123110 87 na na 439 592 397 123110 232 174 333 739 123110 20 76 197 293

123111 110 na na 456 577 390 123111 240 167 299 705 123111 26 76 172 275

123112 91 na na 358 638 381 123112 250 161 295 706 123112 23 57 188 269

123113 78 117 42 325 465 301 123113 258 122 137 161 327 747 123113 20 14 6 52 152 225

123114 85 129 44 283 454 281 123114 284 138 146 188 322 794 123114 24 18 6 53 146 223

123115 74 105 39 192 387 232 123115 309 161 147 186 364 858 123115 23 17 6 36 141 199

123116 58 81 31 176 259 162 123116 353 194 159 234 341 927 123116 21 16 5 41 88 150

123117 107 147 63 286 283 216 123117 1271 669 602 1049 968 3289 123117 136 98 38 300 274 710


123118 86 118 50 204 179 150 123118 1274 671 603 986 977 3237 123118 109 79 30 201 175 486

123119 76 102 46 144 108 106 123119 1351 719 632 1013 1165 3529 123119 103 74 29 146 126 375

63020 72 96 45 128 86 93 63020 1421 755 665 1043 1227 3691 63020 103 73 30 134 105 342

93020 68 90 44 113 80 85 93020 1478 780 698 1069 1202 3749 93020 101 70 31 120 96 318



123109 na na na na na 79 123109 0 0 0 18025 123109 0 0 0 1427

123110 86 na na 00 331 145 123110 13052 0 4111 17164 123110 1122 0 1360 2482

123111 152 na na 00 436 218 123111 12794 0 3896 16690 123111 1944 0 1698 3642

123112 214 na na 00 507 279 123112 12445 0 3517 15963 123112 2663 0 1784 4448

123113 435 435 00 00 644 478 123113 12125 12125 0 0 3155 15280 123113 5272 5272 0 0 2032 7304

123114 475 475 00 00 726 520 123114 11870 11870 0 0 2628 14498 123114 5636 5636 0 0 1908 7544

123115 421 421 08 281 744 473 123115 11676 11666 10 18 2233 13927 123115 4916 4915 0 5 1661 6581

123116 386 387 26 215 736 433 123116 11352 11332 20 15 1763 13130 123116 4381 4380 1 3 1298 5682

123117 316 317 31 187 672 350 123117 10941 10901 40 13 1174 12128 123117 3458 3457 1 2 789 4249


123118 235 236 39 158 100 230 123118 10257 10199 59 12 342 10612 123118 2408 2406 2 2 34 2444

123119 163 164 52 35 811 164 123119 10048 9979 69 33 24 10104 123119 1636 1632 4 1 19 1656

63020 151 152 66 26 421 151 63020 10031 9968 63 43 19 10093 63020 1517 1513 4 1 8 1527

93020 145 145 70 16 355 144 93020 10118 10053 65 53 10 10181 93020 1465 1460 5 1 3 1469



123109 na na na na na 77 123109 0 0 0 34013 123109 0 0 0 2604

123110 44 na na 72 117 84 123110 13691 1496 17486 32673 123110 605 108 2043 2756

123111 48 na na 116 84 74 123111 6880 439 15489 22809 123111 329 51 1298 1678

123112 33 na na 84 96 89 123112 1079 76 9810 10965 123112 36 6 938 980

123113 994 00 994 00 104 105 123113 2 0 2 0 7152 7155 123113 2 0 2 0 746 748

123114 1000 00 1000 00 86 86 123114 2 0 2 0 5648 5650 123114 2 0 2 0 486 488

123115 00 00 00 00 100 100 123115 0 0 0 0 4808 4808 123115 0 0 0 0 482 482

123116 00 00 00 00 88 88 123116 0 0 0 0 4587 4587 123116 0 0 0 0 401 401

123117 00 00 00 00 98 98 123117 0 0 0 0 4296 4296 123117 0 0 0 0 420 420


123118 00 00 00 00 120 120 123118 0 0 0 0 3794 3794 123118 0 0 0 0 457 457

123119 00 00 00 00 124 124 123119 0 0 0 0 3422 3422 123119 0 0 0 0 426 426

63020 00 00 00 00 118 118 63020 0 0 0 0 3481 3481 63020 0 0 0 0 411 411

93020 00 00 00 00 121 121 93020 0 0 0 0 3370 3370 93020 0 0 0 0 409 409


2010 2011 2012 2013 2014 2015 2016 2017

Private persons 38 52 62 114 117 100 84 72 47 32 30 29

BE 06 07 07 07 07 06 06 05 05 04 05 05

CZ 35 40 38 41 40 34 25 19 15 17 16 16

SK 57 46 35 31 29 28 22 20 13 10 10 08

HU 106 151 170 276 265 256 188 160 76 47 44 33

BG 87 110 91 78 85 74 58 100 86 76 72 68

IRL 86 152 214 435 475 421 386 336 235 163 151 145


BE na na na 06 06 06 05 05 04 04 05 04

CZ na na na 38 38 31 23 17 13 14 13 12

SK na na na 29 27 22 16 14 09 07 07 05

HU na na na 279 267 260 196 170 83 55 53 41

BG na na na 117 129 105 81 136 118 102 96 90

IRL na na na 435 475 421 387 337 236 164 152 145


BE na na na 35 30 27 20 16 16 10 10 10

CZ na na na 75 64 58 42 38 33 39 41 39

SK na na na 40 41 52 51 59 38 30 34 26

HU na na na 244 242 212 96 46 24 11 09 08

BG na na na 42 44 39 31 60 50 46 45 44

IRL na na na 00 00 08 26 31 39 52 66 70

SME 57 52 50 53 49 43 38 39 33 30 32 31

BE 44 43 43 49 46 40 35 29 26 25 27 27

CZ 98 83 73 69 57 54 49 46 44 37 38 36

SK 108 71 66 48 48 46 43 45 40 36 59 47

HU 136 211 96 72 65 37 74 33 32 30 26 25

BG 439 456 358 325 283 192 176 279 204 144 128 113

IRL 281 215 187 158 35 26 16

Corporate 103 99 108 122 109 98 79 63 46 41 34 36

BE 71 77 84 92 82 72 60 44 43 39 36 34

CZ 56 42 41 31 24 25 21 18 29 25 26 25

SK 35 48 40 67 56 43 37 32 24 22 26 23

HU 124 91 90 78 58 49 27 20 16 16 10 09

BG 592 577 638 465 454 387 259 264 179 108 86 80

IRL 331 436 507 644 726 744 736 694 100 811 421 355








Impairment -2993 -3026 -3817 -3728 89




Coverage ratio




Stage distribution












Impairment -4669 -4611 -3725 -3523 -3527 -3036 -2916 -2855 -2851 -3669 -3589 80





Coverage ratio





Stage distribution












Belgium 641 659 652 651




Total 1000 1000 100 100





Corporates 477 470 469 464





Corporates 837 845 841 830






Retail 78102 76695 1408



SME 48520 47516 1004

Corporate 94610 96170 -1560


Retail 73251 71976 1275



SME 38374 37921 454

Corporate 67740 69806 -2065

Undrawn 41867 15813 26076 -22 40679 15081 25593 5 1188 732 484 -28

Retail 4851 4719 133

SME 10146 9595 550

Corporate 26870 26364 505


Retail 41 0 0 0 40 0 0 0



SME 21 0 0 0 21 0 0 0

Corporate 38 0 0 0 39 0 0 0






Retail 78040 70226 5473 2341 76695 69064 5342 2288 78102 70357 5522 2223 79266 71699 5449 2119 1226 1472 -24 -222 1164 1342 -74 -104



SME 47636 113979 22566 3822 47516 100510 39538 3638 48520 115884 23468 3779 48603 36429 10998 1176 967 82

Corporate 92732 96170 94610 93737 77954 13397 2387 1006 -873

Undrawn 42977 34685 8289 3 40679 15081 25593 5 41867 33075 8815 -22 42723 33340 9404 -21 -254 -1345 1116 -24 856 265 589 1

Retail 4894 4473 424 -3 4719 4385 337 -3 4851 4504 352 -5 4804 4477 334 -7 -90 4 -90 -4 -47 -27 -18 -2

SME 9463 30212 7865 6 9595 10696 25256 8 10146 28571 8463 -18 10107 5740 4388 -21 644 -39

Corporate 28620 26364 26870 27812 23123 4683 7 -808 943


Retail 73146 65754 5049 2344 71976 64679 5005 2291 73251 65853 5170 2228 74462 67222 5114 2126 1316 1468 66 -218 1211 1369 -56 -102



SME 38173 83767 14702 3816 37921 89815 14282 3629 38374 87313 15005 3796 38496 30689 6610 1197 323 122

Corporate 64112 69806 67740 65925 54831 8715 2380 1813 -1815


Retail 42 37 3 1 40 36 3 1 41 37 3 1 42 38 3 1



SME 22 48 8 2 21 50 8 2 21 49 8 2 22 17 4 1







Retail 42 40 41 42



SME 22 21 21 22


3


Loans and deposits

Investment funds

Life insurance

Non-life insurance


2010

2110 910

30 24

7 13 16

8133 3

23

49 108 8


of Assets

2019

2020e

2021e

4

63

203 3 2

3414 25 24

5549

-80-80-90 -70 -50-62

IRELAND

BELGIUMCZECH REP

SLOVAKIA

HUNGARY

BULGARIA







Business Unit



6151 5047 50 40


4

KBC Group NV


100100

KBC IFIMA


AT 1 Tier 2 Senior


MREL



5

Contents



186

27

KBC Ancora

Cera74

MRBB

115

Other core

599Free float




4 Covid-19



7 Looking forward

Appendices

6












Customer Centricity

53 52

47 48

20192018



7

High profitability


FY19

Net result

2489mEUR 14

ROE

58 90


9M20

902mEUR 759 83


271 bps

2018

251 bps

2019



1Q19

157

1Q20

156

9M201H19 1H209M19 FY19

154171 163 166 166

136

NSFR

138

LCR

146 142


FY199M20




8













9









10








11











highly personal

AT THE RIGHT TIME









targetable audience

VOLUME




12

+

+



13

Bank-insurance+


14

CORPORATE FINANCE











15


SMECorporate

RetailSME

PHYGITALDIGITAL










16

Top Management

Priority


Group wide


bolt on

Embraceinnovation

andtechnology




(KYT) processes


levels












tools



17


KEY PRIORITIE

S



and AI


Bank-insurance+


driven


Maximizecustomer

experience

Go forDigital first

Furtherenhance

bank-insurance

Outperformon


DATA DRIVEN


STPSCORE


DIGITAL SALES


18





Top-2 Top-2

current target 23


77 85

22 27


target 23



19






2260

3880

currentSTP


potential

target 23


3140

1425

currentbank


target 23




20


Incr

easi

ng o

ur

posi

tive

impa

ct


Lim

iting

our

ad

vers

e im



Resp

onsi

ble

beha

viou


21












Board of Directors

Executive Committee






22

Our ESG ratings


CDP A- Leadership

FTSE4Good 465

ISS Oekom C Prime

MSCI AAA



72100







7 9 12 14

30


57

20192017 1H20

41 4457

65



252

8634 36 26

2016 1H202017

0

2018 2019 2021





78

1H20 targetrsquo30

100

2017 2018

83

2019

74 83


50

2019 targetrsquo30

29

2017 2018

38

80

Full Exit

23









2019 2018

Green finance


Social finance





Total 20 542 16 769






24



Pilots




25

Contents


30 SEPTEMBER 2020




4 Covid-19



7 Looking forward

Appendices

63

15

21

Belgium

Group Centre

Czech Republic


2

26


















Net result


430

745612

702

-5

210

697

1Q19 2Q19 3Q19 2Q201Q204Q19 3Q20

27




430

745

612702

-5

210

697

1Q201Q19 3Q192Q19 3Q204Q19 2Q20


618

514586

-11

42

546

2Q201Q19 3Q203Q192Q19 1Q204Q19

68 83 79 7936

85 73

3361 66

94119 134

-20 -46 -30 -31 -50

157

-4

1Q19 2Q19 4Q193Q19

-13-20

1Q20

173

2Q20 3Q20

96

124 99143

3


Amounts in m EUR

Non-Life result

Life result


28









NIM

NII

992 971 977

117 114 15

2Q20

118 111124 1

114

1006

1195

2Q19

14

-1

1182

10661044

1

3Q19

112212

1057

4Q19

17

1Q19

1129

1Q20

166106

-1

131

3Q20

1132 11741083

3Q191Q19

181

2Q19 2Q204Q19 1Q20

194198

3Q20

194 194 197

182

Amounts in m EUR







Growth q-o-q +1 +2 +1 +1 0

Growth y-o-y +4 +6 +4 -4 -3

29


Amounts in bn EUR

AuM

210 210 212 216

193202 204

4Q191Q19 3Q202Q203Q192Q19 1Q20

264 270 275 279 270 237 245

219 230 237 243 229219 218

-73 -65 -68 -77 -71 -68 -73

3Q201Q19

410

2Q19 3Q19 4Q19 2Q201Q20

435 444 445 429388 390












effect

FampC

30



and by 8 y-o-y





9093 92

1Q 1H 9M

83

FY

9283

90

2019 2020

415 425 440 441 443 435 448

351 317 291 364 297 276 267

805740

1Q19 2Q19 3Q19 4Q19 3Q201Q20 2Q20

766 742 731 712 715


Amounts in m EUR

31








LIFE SALES


214 198 161 160 177327

205

302 261242 311 249

235

214

4Q19 2Q201Q19 3Q202Q19 3Q19 1Q20

516459

403471

427

561

420


534

412 411 400

567

415 416

1Q204Q192Q191Q19 2Q203Q19 3Q20

Amounts in m EUR

32







FIFV

Amounts in m EUR

-186

10062 48

-59

126

-82

-2

1Q19

-3

8

-8

4Q19

-2219

-37 -25-1

130

17

85

3Q203Q19

44

29 1028-58

1Q20

-3

2Q20

11 3155

2Q19

13

19

-2-46

-385

253

99

59

133

43 47 50 5337

4Q191Q19 2Q19 3Q19 3Q202Q201Q20

NET OTHER INCOME


M2M ALM derivatives

33









OPERATING EXPENSES

913 957 947 994 931 877 905

382 407

1338

3Q19

2130

1Q19 2Q19 4Q19

28 51

1Q20

27

2Q20

904

3Q20

1296

988 975 1045926




3Q20 1Q20 2Q20 3Q20 1Q20 2Q20 3Q20 4Q20e

BE BU 0 289 2 0 0 0 0 0

CZ BU 0 40 0 0 0 0 0 0

Hungary 20 25 1 0 20 18 20 24

Slovakia 0 3 0 0 8 8 0 0

Bulgaria 0 17 -1 0 0 0 0 0

Ireland 1 4 -1 0 1 1 1 26

GC 0 0 0 0 0 0 0 0

TOTAL 21 377 0 0 29 27 21 50


Amounts in m EUR

34









ASSET IMPAIRMENT

67 75 78 9957

4369

26

3Q19

41

1Q19 3Q20

36

2Q19

63

1

1Q20

25

7

20

4Q19

12

141 746

2Q20

11

-5

40

82

857


32

19

4Q19

2124

1Q19 3Q192Q19

20 19

1Q20

37

19

2Q20

18

3Q20

43

35 35 3433

CREDIT COST RATIO


017

023

FY17

042

009

-006 -004

012

061


Other impairments



Amounts in m EUR


35


9M20CREDIT COST

RATIO

FY19CREDIT COST

RATIO

FY18CREDIT COST

RATIO

FY17CREDIT COST

RATIO

FY16CREDIT COST

RATIO


Belgium 059 022 009 009 012 na



Group Centre -027 -088 -083 040 067 na

Total 061 012 -004 -006 009 042


36



21

1Q19 2Q19

20

4Q19 3Q20

1819

2Q201Q20

19

43

19

3Q19

37 35 35 33 34 32

24


2Q19 3Q19

11

1Q20

12

2Q20

11

3Q20

13

1Q19 4Q19

23

131415

24 2523 22 22 21

49

1Q20

48 45

3Q19

85

5176

4Q191Q19 2Q20

58

2Q19

91

53

118

98

82 78 72

3Q20

BELGIUM BU

11

2222

12

2Q20

12

3Q20

11

1Q20

24

12

1Q19 3Q19

11

26

2Q19

11

4Q19

23 23 24

KBC GROUP

37

Cover ratios


BELGIUM BUKBC GROUP

453

3Q191Q19

422

2Q19 2Q204Q19 1Q20 3Q20

656599

420

604 603

420 434

604

448

624

452

617



1Q20 3Q20

472

2Q20

660

2Q191Q19

690

3Q19 4Q19

474 475

639

481

655 655

472

669

472 492

661

421 449

1Q19 2Q19 1Q203Q19 2Q204Q19 3Q20

644

430

625

423454

642

417

634 626659

464

654

4Q191Q19 3Q201Q20 2Q202Q19 3Q19

430

607

327 352

481

321

464

327

470

324

470 487

340

465

38


993 932605

439335

361412

1575

2016

1432

2019

1240

2017

1450

1089

2018 2020

1344

9M20 ROAC 12

Amounts in m EUR

465 534 484584 281

131168 170

205

2018

702

2016

596

2017 2019 2020

654

789


289370 440

260 113

13974

93

119

20192016

533

2017 2018

444

2020

428379

9M20 ROAC 7


4Q 9M 4Q 9M 4Q 9M


902

685462 621 702

2016

1742 19482113

2017

1787

2018 2019 2020

2427 2575 2570 2489

9M20 ROAC 11

4Q 9M

39


76

67

158

146






Trading assets

51

2621

185

12197








Trading liabilities


40


4

BE



35

2

8


6

Deposits

2

Retail mortgages

Loans Deposits

121214


6

1011

DepositsLoans

22

Retail mortgages

17

8


22

-5

6

4


Deposits

4


CR

41


11

7

14

6

8443

3

42

Services

Automotive

Distribution

Rest


Real estate



Private Persons

Chemicals

16

17

45

Other sectors

Electricity

Food producers

14

14

Metals


07

Shipping 07


05



42


541

Belgium

Ireland

163

2132

Other CEE

Czech Rep

Slovakia

58

50

Hungary

Bulgaria87

Other W-Eur 0315

North America

14

Asia

16Rest


43




27

18

67

12

9

4

Bulgaria3

Belgium

Czech Rep

Slovakia3

PolandHungary

3Italy

France

Other

SpainGermany

Austria Netherlands

IrelandPortugal


() 1 () 2

29

14

366

4

13

10

5

France

Belgium

Poland

Czech Rep

Spain

Italy

Hungary

3

SlovakiaBulgaria

Other

Germany Austria



() 1 () 2

44

Contents




4 Covid-19



7 Looking forward

Appendices

45



1045 OCR

FY19

163

9M191H19

166

1Q19 1Q20 1H20

166157

9M20

156 154

171








1069 MDA


46



157 CET1

18921 T2

16 AT1

1Q19 1H19

21 T2

156 CET1 166 CET1

16 AT1 15 AT1

1Q209M19

154 CET 1

19 T2

15 AT1

206

20 T2

171 CET1

FY19

19 T2192

15 AT1

163 CET1

18 T2

15 AT115 AT1

1H20

18 T2

9M20

193 197 198 198

166 CET1



47


55

1Q19 1H19 9M19 FY19 1Q20

52

1H20 9M20

51 50 52 48 48


1H191Q19

65

9M19 FY19

60

9M201H201Q20

61 6068

60 59

Solvency II ratio

1H20 9M20






48




69 customer

driven



NSFR 136 146 ge100

LCR 138 142 ge100



9

6969

9

73

2

63

8

719

10

2

71

FY13

18

13

93

FY18

7

FY14

18

68

86

7

11

3

71

FY15

10

FY19

48

FY16

8

62

48

9

63

1

FY17

8 8

72

7

82

9M20


Total Equity


Government and PSE

Mid-cap

Retail and SME

5

19

76

133 766 139 560 143 690 155 774 163 824 176 045 189 453

FY14 FY15 FY16 FY17 FY18 FY19 3Q20


49










38

2816

36

01

06

16

09 0908

0503 03

0

1000

2000

3000

4000

5000

6000

7000

2020 2021 2022 2023 2024 2025 2026 2027 gt= 2028

m E

UR





50



Tier 2 2 179



KBC Bank

Tier 2 1 680



176

KBC Insurance

Tier 2 500







51






LAA

RCA

MCC

8 P1

175 P2R

435 CBR

8 P1

175 P2R

31 (CBR ndash 125)

100 RWA

95 RWA

= 263as of RWA


x RWATLOF balance

31122017=

967 as of TLOF

Actual in of TLOF

23

59

06

94

05

3Q20

HoldCo senior


CET1

52


1Q201Q19 1H19 9M19 FY19

93104

9M201H20

96 98 10093 94




53



Gro

upBa

nkIn

sura

nce


Baa1 A- A- BBB BBB+

Ba1 BB+ BBB-

Senior Unsecured


A1 A+ A+Tier II


-


- A -- A -

BBB


-




54

Contents




4 Covid-19



7 Looking forward

Appendices

55

COVID-19 (19)





Belgium

Defe

rral

of p

aym

ents

Guar

ante

e Sc

hem

e amp

liq

uidi

ty a

ssist

ance





Czech Republic










56




Slovakia

Defe

rral

of p

aym

ents

Gua

rant

ee S

chem

e amp

liq

uidi

ty a

ssist

ance








COVID-19 (29)









57

COVID-19 (39)













obligors

k

of total loan

portfolio



obligorsk



obligors

k

of total loan

portfolio



obligors

k

of total loan

portfolio



58

COVID-19 (49)

IFRS 9 scenarios













Real GDP growth




59

COVID-19 (59)

IFRS 9 scenarios


Unemployment rate



2020 2021 2022

House-price index



2020 2021 2022

60

COVID-19 (69)







Loan portfolio


852

FY19

113 10735

860 854

33

1Q20

854

11334

1H20

Stage 3 11432

9M20

Stage 1

Stage 2


61

78

99

-2

234

43

150

-3

147

596

57

637

3Q20

2Q20

1Q20

9M20

121

845

52

1 018

Management overlay



Amounts in m EUR


COVID-19 (79)



FY19 3M20 1H20 9M20










62

COVID-19 (89)




36

23

41

Medium

Low

High

10

47

35

29

33

1219


33

9M20



Automotive












63

COVID-19 (99)








Total9M20

OUSTANDING_slide


GCA_info GCRD

GCRD_outstanding

IMP_BS

NPL_segment

GCRD_NPL_historic



GCRD_FORBORNE



GCA_risk_slide


GCRD_GCA_stages


GCRD_PD evolutions



ECL_risk sector


ECL_overlay_country

ECL_overview_9M



overall_imp



GF_ECL_INPUT

CCR_slide

GCRD_CCR data

CCR_historiek
CCR200220032004200520062007200820092010201120122013201420152016201720182019557120113137011191827111942239-6-412

coverage_input Jos


calc_NPL

GCA_risk_sector

ampDampPampNampF

Guidance

Man Overlay_segment


image1emf

Sep-20Sep-20Sep-20

EUR mlnconc

EUR

mln

in perc

points

PD

∆

share

EUR

mln

in perc

points

share

EUR

mln

in perc

points


asymp

30

asymp

164-20-12

asymp

29-12-04

asymp


asymp

20

asymp

62-13-06

asymp

14-202

asymp


asymp

30

asymp

88503

asymp

31-42-12

asymp

04 water708061700

asymp

30

asymp

922229

asymp

02-1-01

asymp

05 chemicals4 679396950640

asymp

13018-18

asymp

261403

asymp

06 metals4 114342200

asymp

40

asymp

23322253

asymp

54800

asymp


asymp

40

asymp

1992729

asymp

54-6-01

asymp

08 IT60705-65-01

asymp

5130756114

asymp

10000

asymp


asymp

40

asymp

189-3902

asymp

472932

asymp

10 automotive6 06150-153-01

asymp

40

asymp

33640373296313

asymp

11 shipping1 78515-285-02

asymp

40

asymp

175-281-112161110

asymp

12 aviation47204-1700

asymp

40

asymp

319726

asymp

62411

asymp


asymp

40

asymp

161-83-31

asymp

31-20-08

asymp

14 beverages1 05909-2000

asymp

40

asymp

122104

asymp

12-8-08

asymp

15 tobacco1600-700

asymp

20

asymp

13005

asymp

00000

asymp


asymp

50

asymp

2735175

asymp

54-27-19

asymp


asymp

50

asymp

373103111

asymp

70915

asymp


asymp

40

asymp

270-809

asymp

15000

asymp

19 media7990711501

asymp

40

asymp

87-25-52

asymp

19-5-10

asymp


asymp

210130-02

asymp

39-93-14

asymp

21 distribution17 4341442-149-02

asymp

50

asymp

263-303-1589-259-14

22 traders2 06417-499-0450

asymp

310-337-71113-723

asymp

23 horeca1 637143700

asymp

50

asymp

3852004

asymp

51602

asymp

24 telecom95108-230-02

asymp

30

asymp

59112

asymp

05001

asymp


asymp

40

asymp

82-7-01

asymp

090-01

asymp


asymp

50

asymp

26639633431200

asymp

28 services25 18720838950740

asymp

179137-01

asymp

245602

asymp

31 unknown3 532294200

asymp

50

asymp

52733289783233

asymp


asymp

2228140642-238-02

Y-1 evolution

GCRD Industry

Annual evolutions

Granted amounts

(in )


PD rating


Credit quality

(PD6-9 in granted)

Credit quality



image2emf

Sep-20Sep-20Sep-20

EUR mlnconc

EUR

mln

in perc

points

PD

∆

share

EUR

mln

in perc

points

share

EUR

mln

in perc

points


asymp

30

asymp

164-20-12

asymp

29-12-04

asymp


asymp

20

asymp

62-13-06

asymp

14-202

asymp


asymp

30

asymp

88503

asymp

31-42-12

asymp

04 water708061700

asymp

30

asymp

922229

asymp

02-1-01

asymp

05 chemicals4 679396950640

asymp

13018-18

asymp

261403

asymp

06 metals4 114342200

asymp

40

asymp

23322253

asymp

54800

asymp


asymp

40

asymp

1992729

asymp

54-6-01

asymp

08 IT60705-65-01

asymp

5130756114

asymp

10000

asymp


asymp

40

asymp

189-3902

asymp

472932

asymp

10 automotive6 06150-153-01

asymp

40

asymp

33640373296313

asymp

11 shipping1 78515-285-02

asymp

40

asymp

175-281-112161110

asymp

12 aviation47204-1700

asymp

40

asymp

319726

asymp

62411

asymp


asymp

40

asymp

161-83-31

asymp

31-20-08

asymp

14 beverages1 05909-2000

asymp

40

asymp

122104

asymp

12-8-08

asymp

15 tobacco1600-700

asymp

20

asymp

13005

asymp

00000

asymp


asymp

50

asymp

2735175

asymp

54-27-19

asymp


asymp

50

asymp

373103111

asymp

70915

asymp


asymp

40

asymp

270-809

asymp

15000

asymp

19 media7990711501

asymp

40

asymp

87-25-52

asymp

19-5-10

asymp


asymp

210130-02

asymp

39-93-14

asymp

21 distribution17 4341442-149-02

asymp

50

asymp

263-303-1589-259-14

22 traders2 06417-499-0450

asymp

310-337-71113-723

asymp

23 horeca1 637143700

asymp

50

asymp

3852004

asymp

51602

asymp

24 telecom95108-230-02

asymp

30

asymp

59112

asymp

05001

asymp


asymp

40

asymp

82-7-01

asymp

090-01

asymp


asymp

50

asymp

26639633431200

asymp

28 services25 18720838950740

asymp

179137-01

asymp

245602

asymp

31 unknown3 532294200

asymp

50

asymp

52733289783233

asymp


asymp

2228140642-238-02

Y-1 evolution

GCRD Industry

Annual evolutions

Granted amounts

(in )


PD rating


Credit quality

(PD6-9 in granted)

Credit quality



image3png

image4png

1

2

3

4

5

6

7

A

B

C

D


9M20

Optimistic

Base

EUR m

15

45

KBC Group

471

621

By country

Belgium

300

366


64

Contents




4 Covid-19



7 Looking forward

Appendices

65










Moodyrsquos Fitch




66










Not

e Ho

lder

s

Covered bonds

ProceedsIssuer

Cover PoolMonitor




67



Collateral type


Test


Liquidity Test

Cap on Issuance

1

2

3

4

5









68







69

Contents




4 Covid-19



7 Looking forward

Appendices

70















71



Certification

Verification





Green Bond funding







KBC Green Bond 2018

KBC GreenBond 2020




72

Contents




4 Covid-19



7 Looking forward

Appendices

73

Looking forward


Economicoutlook

Group guidance






74

Appendices







75

Guidance End 2019












76


End 2019




BU BE gt 2 by 2020 +1

BU CR gt 15 by 2020 +12

BU IM gt 10 by 2020 +22



BU BE gt 2 by 2020 +1

BU CR gt 15 by 2020 +17

BU IM gt 15 by 2020 +25




77




78




MREL

Additional Tier1


write-down 5125


write-down 5125



tax call


tax call


tax call








79






No of Loans 230 571













80




Linear1

Annuity99


32

Renovation7

Construction11

Other0


1

Vlaams Brabant

18

Antwerpen28

Limburg12

Luik2

Namen0

Henegouwen1

Luxemburg0

West-Vlaanderen

14

Oost-Vlaanderen

18

No review75

1 y 1 y8

3 y 3 y11

5 y 5 y5

10 y 5 y1

15 y 5 y0

20 y 5 y0

81




000

1000

2000

3000

4000

5000

6000

7000

8000

2018 - 2022 2023 - 2027 2028 - 2032 gt 2032


187 months

000

500

1000

1500

2000

2500

0 - 12 13 - 2425 - 3637 - 4849 - 6061 - 7273 - 8485 - 9697 -108 109 -


494 months

000100020003000400050006000700080009000

10000

lt 2

5

25

lt to

lt=

30

30

lt to

lt=

35

35

lt to

lt=

40

40

lt to

lt=

45

45

lt to

lt=

50

50

lt to

lt=

55

55

lt to

lt=

60

60

lt to

lt=

65

65

lt to

lt=

70

gt 7

0Weighted


174

000200400600800

10001200140016001800

lt= 1

0

10

lt to

lt=

20

20

lt to

lt=

30

30

lt to

lt=

40

40

lt to

lt=

50

50

lt to

lt=

60

60

lt to

lt=

70

70

lt to

lt=

80

80

lt to

lt=

90

90

lt to

lt=

100

100

lt to

lt=

110

110

lt to

lt=

120

120

lt to

lt=

130

130

lt to

lt=

140

140

lt to

lt=1

50

150

lt


656

82


500 000

550 000

600 000

650 000

700 000

750 000

800 000

850 000

900 000

Source FOD Economie



83


84







85



Comment



COVID-19 outliers


exposure in EUR)




draft RTS








86






GROUPCENTRE

BRANCHES (end 3Q20) 507 221 117 208 176 16










88


B3 Basel III



















Glossary (12)

89

Glossary (22)








90

Contacts Questions



Slide Number 1



Slide Number 4

Contents




Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19






Contents












Cover ratios



Slide Number 40




Contents










Contents










Contents


Slide Number 66

Slide Number 67

Slide Number 68

Contents



Contents

Looking forward

Appendices

Slide Number 75

Slide Number 76


Slide Number 78










Glossary (12)

Glossary (22)

Contacts Questions





Toestand 32020 en 62020 + 72020



2Q 2020 1Q 2020



TOTAL 0 0 0 TOTAL 2832 2735 5568













23 horeca 0 23 horeca 731 315 1046








4 water 0 4 water 0






8 IT 0 8 IT 0





Base 1100 45 495








SMECORP of which

28 services

21 distibution

27 real estate



10 automotive

13 food producers

3 electricity

6 metals

5 chemicals


11 shipping

23 horeca

22 traders



9 electrotechnics

Corporates lt 05


14 beverages

4 water

18 paper amp pulp

19 media

24 telecom

12 aviation


8 IT

15 tobacco

31 sector unknown

Retail

of which mortgages



oustanding 179365562022753

34




KBC Group 484 611 870 696 44 44 167 93 789 746 43 746 150 596 43

By country

Belgium 285 355 478 393 20 20 20 20 413 378 35 378 49 329 35

Czech Republic 103 129 186 148 10 10 10 10 158 152 6 152 17 135 6

Slovakia 30 34 50 40 0 0 0 0 40 39 1 39 6 33 1

Hungary 37 48 69 55 0 0 0 0 55 54 1 54 13 41 1

Bulgaria 5 14 19 15 13 13 13 13 28 28 na 28 5 23 na

Ireland 24 32 68 45 1 1 124 50 95 95 na 95 60 35 na

Simulatie guidance


354 actuals 177 2

1143 vs 11 bn



177 Actuals

754 vs 08 bn




1317 vs 16 bn







SME SME 457 440 459 459 SME 554 533 523 533 SME 215






SME SME 32 32 30 30 SME 1212 1212 1140 1160 SME 38374 38374 37921 38173







SME SMECORP SME SME


all all







all all

Stage 1 63020 33120 123119 63020 33120 123119





SME SMECORP SME SME


all all







INFO MARTIJN


1999 30

2000 30

2001 30

2002 55

2003 71

2004 20 198

2005 1 35

2006 13 177

2007 13 185

2008 70 822

2009 111 1903

2010 91 1483

2011 82 1333

2012 71 1072

2013 119 1719

2014 42 587

2015 23 323

2016 9 126

2017 -6 -87

2018 -4 -62

2019 12 203

average 02-19 441

average 99-19 420





Belgium 570039165 727207199 114692690674 0634 0634 364002274 48868856 157168035 727207200 314336069 0274 0274 412871130


Int Markets 222330762 227123005 27557969513 0824 0824 133572746 83965774 4792243 227123005 9584485 0035 0035 217538519

Group - 9111424 - 18222848 3451882903 -0528 -0528 - 0 - 0 -9111424 -18222848 - 18222848 -0528 -0528 - 0

Grand Total 961431083 1135031234 177398175472 0640 0640 637596302 150234630 173600152 1135031235 347200302 0196 0196 787830931

- 0

BU Int Markets - 0

CSOB SR 47528277 55255390 8350691035 0662 0662 33501164 6300000 7727113 55255390 15454226 0185 0185 39801164



KBC IRL 95163665 95113751 10098430734 0942 0942 35213579 60000000 -49914 95113751 - 99828 -0001 -0001 95213579

Grand Total 222330762 227123005 27557969513 0824 0824 133572746 83965774 4792242 227123004 9584485 0035 0035 217538520





Belgium 609599605 676298881 114451112269 0591 0591 361468154 48033624 200097827 676298881 266797103 0233 0233


Int Markets 216128798 219229265 27755918783 0790 0790 121004647 85822751 9301400 219229265 12401867 0045 0045

Group - 6968602 - 9291469 3396475323 -0274 -0274 - 0 - 0 -6968602 -9291469 - 9291469 -0274 -0274

Grand Total 1011834694 1088002003 177156911201 0614 0614 635789034 147543734 228501926 1088002003 304669235 0172 0172

BU Int Markets

CSOB SR 42600524 44513125 8406424944 0530 0530 33809969 3052751 5737804 44513125 7650406 0091 0185



KBC IRL 94808011 95377549 10142543033 0940 0940 26099396 67000000 1708615 95377549 2278153 0022 0022

Grand Total 216128798 219229265 27755918783 0790 0790 121004647 85822751 9301400 219229265 12401867 0045 0045



Belgium 040 028 063 027 059 023 -004 -004

Czech Republic 010 002 062 010 064 010 002 000


Slovakia 030 025 066 019 053 019 -013 000

Hungary -012 -022 096 -004 089 -009 -007 -004

Bulgaria 031 031 066 -011 081 017 015 028

Ireland 006 006 094 000 094 002 -000 002

Group Centre -107 -107 -053 053 000

KBC GROUP 027 017 064 020 061 017 -003 -002


2Q 2020 3Q20 2Q20 1Q20 9M2020



TOTAL 845 53 619 173 -5 -8 26 -23 -2 0 30 -32 -3 -8 -4 9 54 599 93 596 0 547 49 150 54 52 44 248 53 73 124 31Dec1899 121 0 0 0 43 0 43 0 78 0 0 0 966 53 619 173 784 46 668 70

BE 458 29 338 91 -3 -2 -1 0 -2 0 -2 0 -1 -2 1 0 23 335 20 329 0 309 20 49 23 26 0 129 29 29 71 116 0 0 0 35 0 35 0 81 0 0 0 574 29 338 91 410 21 369 20

CR 170 7 154 10 9 -3 13 -1 13 0 14 -1 -4 -3 -1 0 9 133 10 135 0 125 10 17 9 8 0 35 7 29 0 8 0 0 0 6 0 6 0 2 0 0 0 178 7 154 10 167 6 152 9

HU 55 8 47 0 -1 -2 1 0 3 0 3 0 -4 -2 -2 0 7 47 0 41 0 41 0 13 7 6 0 14 8 6 0 -2 0 0 0 1 0 1 0 -3 0 0 0 53 8 47 0 54 5 49 0

SK 41 2 34 6 -3 -2 -1 0 -0 0 -0 0 -3 -2 -1 0 3 36 0 33 0 33 0 6 3 3 0 8 2 1 6 6 0 0 0 1 0 1 0 5 0 0 0 47 2 34 6 37 1 36 0

BU 23 -2 9 17 -5 2 1 -8 -7 0 1 -8 2 2 -0 0 3 12 13 23 0 10 13 5 3 2 0 0 -2 -1 4 3 0 0 0 0 0 0 0 3 0 0 0 26 -2 9 17 23 5 13 5

IE 97 9 38 49 -2 -1 13 -14 -9 0 14 -23 7 -1 -1 9 9 36 50 35 0 29 6 60 9 7 44 62 9 9 43 -1 0 0 0 0 0 0 0 -1 0 0 0 96 9 38 49 93 8 49 36

TOTAL -5 54 599 93 -5 -8 26 -23 -2 0 30 -32 -3 -8 -4 9 54 599 93 596 0 547 49 150 54 52 44 0 0 0 0 0 0 0 0 43 0 43 0 0 0 0 0 -5 54 599 93 784 46 668 70

Retail 9 13 132 70 9 0 25 -16 2 0 27 -25 7 0 -2 9 13 132 70 137 0 111 26 78 13 21 44 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9 13 132 70 224 13 157 54



SME -124 8 311 23 -124 -3 -114 -7 -119 0 -112 -7 -5 -3 -2 0 8 311 23 322 0 299 23 20 8 12 -0 0 0 0 0 0 0 0 0 31 0 31 0 0 0 0 0 -124 8 311 23 249 5 228 16

Corporate 110 33 156 0 110 -5 115 -0 115 0 115 0 -5 -5 0 -0 33 156 0 137 0 137 0 52 33 19 0 0 0 0 0 0 0 0 0 12 0 12 0 0 0 0 0 110 33 156 0 311 28 283 0




OPTIMISTIC FIGURES




EUR m 150 100 50 100

KBC Group 146 200 52 86 484

By country

Belgium 90 136 42 17 284


Slovakia 10 12 2 6 30

Hungary 10 14 3 10 37

Bulgaria 1 1 1 2 5

Ireland 0 0 0 24 24

PESSIMISTIC FIGURES




EUR m 150 100 50 100

KBC Group 248 337 96 189 870

By country

Belgium 150 222 77 29 478


Slovakia 17 19 4 10 50

Hungary 17 25 5 22 69

Bulgaria 3 5 2 9 19

Ireland 0 0 0 68 68


BASE FIGURES




EUR m 150 100 50 100

KBC Group 175 244 68 124 611

By country

Belgium 111 167 55 21 354


Slovakia 10 13 3 8 34

Hungary 12 17 3 16 48

Bulgaria 2 4 1 7 14

Ireland 0 0 0 32 32

WEIGHTED FIGURES





KBC Group 484 611 870 696 44 44 167 93 789 746 43

By country

Belgium 285 355 478 393 20 20 20 20 413 378 35

Czech Republic 103 129 186 148 10 10 10 10 158 152 6

Slovakia 30 34 50 40 0 0 0 0 40 39 1

Hungary 37 48 69 55 0 0 0 0 55 54 1

Bulgaria 5 14 19 15 13 13 13 13 28 28 na

Ireland 24 32 68 45 1 1 124 50 95 95 na

WEIGHTED FIGURES





KBC Group 484 611 870 696 44 44 167 93 789 746 43 746 150 596

By country

Belgium 285 355 478 393 20 20 20 20 413 378 35 378 49 329

Czech Republic 103 129 186 148 10 10 10 10 158 152 6 152 17 135

Slovakia 30 34 50 40 0 0 0 0 40 39 1 39 6 33

Hungary 37 48 69 55 0 0 0 0 55 54 1 54 13 41

Bulgaria 5 14 19 15 13 13 13 13 28 28 na 28 5 23

Ireland 24 32 68 45 1 1 124 50 95 95 na 95 60 35


1Q 2020 1Q20 1H2020



TOTAL 121 8 48 65 43 0 43 0 43 0 43 0 78 8 5 65 0 121 0 0 0 43 0 43 0 78 0 0 0 242 8 48 65 86 0 86 0

of which

BE 116 6 42 69 35 0 35 0 35 0 35 0 81 6 7 69 116 0 0 0 35 0 35 0 81 0 0 0 232 6 42 69 70 0 70 0

CR 8 2 3 2 6 0 6 0 6 0 6 0 2 2 -3 2 8 0 0 0 6 0 6 0 2 0 0 0 16 2 3 2 12 0 12 0

HU -2 0 3 -4 1 0 1 0 1 0 1 0 -3 0 2 -4 -2 0 0 0 1 0 1 0 -3 0 0 0 -4 0 3 -4 2 0 2 0

SK 6 0 2 3 1 0 1 0 1 0 1 0 5 0 1 3 6 0 0 0 1 0 1 0 5 0 0 0 12 0 2 3 2 0 2 0

BU 3 0 0 3 0 0 0 0 0 0 0 0 3 0 0 3 3 0 0 0 0 0 0 0 3 0 0 0 6 0 0 3 0 0 0 0

IE -1 0 1 -3 0 0 0 0 0 0 0 0 -1 0 1 -3 -1 0 0 0 0 0 0 0 -1 0 0 0 -2 0 1 -3 0 0 0 0

2Q 2020 1Q20 1H2020



TOTAL 845 53 619 173 746 54 599 93 596 0 547 49 150 54 52 44 99 -1 20 80 0 121 0 0 0 43 0 43 0 78 0 0 0 966 53 619 173 789 54 642 93

of which

BE 458 29 338 91 378 23 335 20 329 0 309 20 49 23 26 0 80 6 3 71 116 0 0 0 35 0 35 0 81 0 0 0 574 29 338 91 413 23 370 20

CR 170 7 154 10 152 9 133 10 135 0 125 10 17 9 8 0 18 -2 21 0 8 0 0 0 6 0 6 0 2 0 0 0 178 7 154 10 158 9 139 10

HU 55 8 47 0 54 7 47 0 41 0 41 0 13 7 6 0 1 1 0 0 -2 0 0 0 1 0 1 0 -3 0 0 0 53 8 47 0 55 7 48 0

SK 41 2 34 6 39 3 36 0 33 0 33 0 6 3 3 0 2 -1 -2 6 6 0 0 0 1 0 1 0 5 0 0 0 47 2 34 6 40 3 37 0

BU 23 -2 9 17 28 3 12 13 23 0 10 13 5 3 2 0 -5 -5 -3 4 3 0 0 0 0 0 0 0 3 0 0 0 26 -2 9 17 28 3 12 13

IE 97 9 38 49 95 9 36 50 35 0 29 6 60 9 7 44 2 0 2 -1 -1 0 0 0 0 0 0 0 -1 0 0 0 96 9 38 49 95 9 36 50

7 81 12




TOTAL 52 6 36 10 -5 -8 26 -23 -2 0 30 -32 -3 -8 -4 9 57 14 10 33 0 121 0 0 0 43 0 43 0 78 0 0 0 173 6 36 10 38 -8 69 -23

of which

BE 41 12 11 18 -3 -2 -1 0 -2 0 -2 0 -1 -2 1 0 44 14 12 18 116 0 0 0 35 0 35 0 81 0 0 0 157 12 11 18 32 -2 34 0

CR 15 -6 12 9 9 -3 13 -1 13 0 14 -1 -4 -3 -1 0 6 -3 -1 10 8 0 0 0 6 0 6 0 2 0 0 0 23 -6 12 9 15 -3 19 -1

HU -3 -1 2 -4 -1 -2 1 0 3 0 3 0 -4 -2 -2 0 -2 1 1 -4 -2 0 0 0 1 0 1 0 -3 0 0 0 -5 -1 2 -4 0 -2 2 0

SK -5 -2 -3 0 -3 -2 -1 0 -0 0 -0 0 -3 -2 -1 0 -2 -0 -2 0 6 0 0 0 1 0 1 0 5 0 0 0 1 -2 -3 0 -2 -2 -0 0

BU 2 2 2 -1 -5 2 1 -8 -7 0 1 -8 2 2 -0 0 7 0 1 7 3 0 0 0 0 0 0 0 3 0 0 0 5 2 2 -1 -5 2 1 -8

IE 0 0 13 -14 -2 -1 13 -14 -9 0 14 -23 7 -1 -1 9 2 1 -0 0 -1 0 0 0 0 0 0 0 -1 0 0 0 -1 0 13 -14 -2 -1 13 -14






TOTAL 0 746 0 653 93 CR 0 0 0 0 135 0 125 10 0 0 0 0 0 0 0 0 6 0 6 0 0 0 0 0

BE 0 378 0 358 20 HU 0 0 0 0 41 0 41 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0

CR 0 152 0 142 10 SK 0 0 0 0 33 0 33 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0

HU 0 54 0 54 0 BU 0 0 0 0 23 0 10 13 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

SK 0 39 0 39 0 IE 0 0 0 0 35 0 29 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

BU 0 28 0 15 13

IE 0 95 0 45 50 TOTAL 0 0 0 0 596 0 547 49 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Retail 0 0 0 0 137 0 111 26 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0





SME 0 361 0 338 23

Corporate 0 170 0 170 0


WEIGHTED FIGURES



2Q 2020 1Q20 1H2020



TOTAL 845 53 619 173 746 54 599 93 596 0 547 49 150 54 52 44 248 53 73 124 0 121 0 0 0 43 0 43 0 78 0 0 0 966 53 619 173 789 54 642 93

BE 458 29 338 91 378 23 335 20 329 0 309 20 49 23 26 0 129 29 29 71 116 0 0 0 35 0 35 0 81 0 0 0 574 29 338 91 413 23 370 20

CR 170 7 154 10 152 9 133 10 135 0 125 10 17 9 8 0 35 7 29 0 8 0 0 0 6 0 6 0 2 0 0 0 178 7 154 10 158 9 139 10

HU 55 8 47 0 54 7 47 0 41 0 41 0 13 7 6 0 14 8 6 0 -2 0 0 0 1 0 1 0 -3 0 0 0 53 8 47 0 55 7 48 0

SK 41 2 34 6 39 3 36 0 33 0 33 0 6 3 3 0 8 2 1 6 6 0 0 0 1 0 1 0 5 0 0 0 47 2 34 6 40 3 37 0

BU 23 -2 9 17 28 3 12 13 23 0 10 13 5 3 2 0 0 -2 -1 4 3 0 0 0 0 0 0 0 3 0 0 0 26 -2 9 17 28 3 12 13

IE 97 9 38 49 95 9 36 50 35 0 29 6 60 9 7 44 62 9 9 43 -1 0 0 0 0 0 0 0 -1 0 0 0 96 9 38 49 95 9 36 50

TOTAL 746 54 599 93 746 54 599 93 596 0 547 49 150 54 52 44 0 0 0 0 0 0 0 0 43 0 43 0 0 0 0 0 746 54 599 93 789 54 642 93

Retail 215 13 132 70 215 13 132 70 137 0 111 26 78 13 21 44 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 215 13 132 70 215 13 132 70



SME 342 8 311 23 342 8 311 23 322 0 299 23 20 8 12 -0 0 0 0 0 0 0 0 0 31 0 31 0 0 0 0 0 342 8 311 23 373 8 342 23

Corporate 189 33 156 0 189 33 156 0 137 0 137 0 52 33 19 0 0 0 0 0 0 0 0 0 12 0 12 0 0 0 0 0 189 33 156 0 201 33 168 0



458 ok


1Q2020 2Q2020 3Q2020 9M20 9M20




BE 35 0 35 0 378 23 335 20 329 0 309 20 49 23 26 0 -3 -2 -1 0 -2 0 -2 0 -1 -2 1 0 410 21 369 20 362 48 31 33 36

CR 6 0 6 0 152 9 133 10 135 0 125 10 17 9 8 0 9 -3 13 -1 13 0 14 -1 -4 -3 -1 0 167 6 152 9 154 13

HU 1 0 1 0 54 7 47 0 41 0 41 0 13 7 6 0 -1 -2 1 0 3 0 3 0 -4 -2 -2 0 54 5 49 0 45 9

SK 1 0 1 0 39 3 36 0 33 0 33 0 6 3 3 0 -3 -2 -1 0 -0 0 -0 0 -3 -2 -1 0 37 1 36 0 34 3

BU 0 0 0 0 28 3 12 13 23 0 10 13 5 3 2 0 -5 2 1 -8 -7 0 1 -8 2 2 -0 0 23 5 13 5 16 7

IE 0 0 0 0 95 9 36 50 35 0 29 6 60 9 7 44 -2 -1 13 -14 -9 0 14 -23 7 -1 -1 9 93 8 49 36 26 67

TOTAL 43 0 43 0 746 54 599 93 596 0 547 49 150 54 52 44 -5 -8 26 -23 -2 0 30 -32 -3 -8 -4 9 784 46 668 70 637 147

Retail 0 0 0 0 215 13 132 70 137 0 111 26 78 13 21 44 9 0 25 -16 2 0 27 -25 7 0 -2 9 224 13 157 54 139 85

mortgages 0 0 0 0 164 13 82 69 88 0 63 25 76 13 19 44 8 0 25 -17 -1 0 25 -26 9 0 -0 9 172 13 107 52 87 86

consumer fin 0 0 0 0 51 0 50 1 49 0 48 1 2 0 2 0 1 -0 -0 1 3 0 2 1 -2 -0 -2 -0 52 -0 50 2 52 0

SME 31 0 31 0 342 8 311 23 322 0 299 23 20 8 12 -0 -124 -3 -114 -7 -119 0 -112 -7 -5 -3 -2 0 249 5 228 16 234 15

Corporate 12 0 12 0 189 33 156 0 137 0 137 0 52 33 19 0 110 -5 115 -0 115 0 115 0 -5 -5 0 -0 311 28 283 0 264 47

Stage 0 100 0 0 7 80 12 6 85 9





KBC Group 471 621 908 714 70 784 -5 746 43

By country

Belgium 300 366 450 390 20 410 -3 378 35

Czech Republic 95 143 198 158 9 167 9 152 6

Slovakia 23 30 50 37 0 37 -3 39 1

Hungary 24 38 82 54 0 54 -1 54 1

Bulgaria 7 16 25 18 5 23 -5 28 na

Ireland 22 28 103 57 36 93 -2 95 na

versus 6M20 484 611 870 696 93 789




KBC Group 484 611 870 696 93 789

By country

Belgium 285 355 478 393 20 413

Czech Republic 103 129 186 148 10 158

Slovakia 30 34 50 40 0 40

Hungary 37 48 69 55 0 55

Bulgaria 5 14 19 15 13 28

Ireland 24 32 68 45 50 95




KBC Group -13 10 38 18 -23 -5

By country

Belgium 15 11 -28 -3 0 -3


Slovakia -7 -4 -0 -3 0 -3

Hungary -13 -10 13 -1 0 -1

Bulgaria 2 2 6 4 -8 -5

Ireland -2 -4 35 12 -14 -2





EUR m 150 100 50 EUR m 150 100 50




DIFF qoq 50 -40 -7 7 9







Belgium 300 366 450 390 20 410 -3 378 35 Belgium 285 355 478 393 20 413 378 35



Hungary 24 38 82 54 0 54 -1 54 1 Hungary 37 48 69 55 0 55 54 1



TOTAL 707 2795 3632 713

714

Belgium 450 1646 1799 3895018


Slovakia 34 135 199 37

Hungary 37 172 327 54

Bulgaria 10 71 101 18

Ireland 33 124 414 57

707 2795 3632 7133

714




EUR m 150 100 50

9M20




6M20




Delta 9M20 vs 6M20







S2 15805019184 22760171724 6955152540

S3 5645003706 7679235928 2034232221 112





Current scenario


Stage 1 8540 153166 200 013

Stage 2 1130 20176 921 456

Stage 3 340 6024 2696 4475

Total 100 179366 3817




Stage 1 7930 142237 200 014

Stage 2 1630 29237 921 315

Stage 3 440 7892 2696 3416

Total 100 179366 3817

2Q2020




S2 15805019184 22760171724 6955152540

S3 5645003706 7679235928 2034232221 112

3Q2020




S2 16715664663 22479425459 5763760796

S3 6236744126 8486799696 2250055570 13 From S1ampS2-gt S3

Current scenario


Stage 1 8540 153166 200 013

Stage 2 1130 20176 921 456

Stage 3 340 6024 2696 4475

Total 100 179366 3817




Stage 1 7930 142237 200 014

Stage 2 1630 29237 921 315

Stage 3 440 7892 2696 3416

Total 100 179366 3817








28 services 18022651753 3219536638 18 9036306768 50 5766808347 32 16514669782 2902176805 18 8307768647 50 5304724330 32 1116590805 239620721 21 511267464 46 365702621 33 280315566 70736719 25 142021358 51 67557489 24 111075599 7002392 6 75249300 68 28823907 26 0

21 distibution 11733410419 4744785205 40 3008640897 26 3979984317 34 8978653306 3829397262 43 2290642777 26 2858613267 32 1861275772 688298890 37 524272096 28 648704786 35 509657672 119159725 23 122514867 24 267983080 53 383823670 107929329 28 71211157 19 204683184 53 0

NEW 3Q 27 real estate 11894058273 3128110453 26 7414413226 62 1351534594 11 8600865196 2251324338 26 5199885084 60 1149655774 13 2237035423 520092891 23 1552854344 69 164088188 7 505961547 179200885 35 302011420 60 24749243 5 549725972 177100094 32 359584489 65 13041390 2 470134 392245 83 77890 17 0



NEW 3Q 10 automotive 4258374704 3455755362 81 802619342 19 0 0 2402118699 1982035093 83 420083606 17 0 0 1285856394 1032657597 80 253198797 20 0 0 271340392 244320814 90 27019578 10 0 0 299059218 196741858 66 102317361 34 0 0 0

13 food producers 2939245018 0 0 509342438 17 2429902580 83 2502824569 0 0 495808013 20 2007016556 80 168945121 0 0 9328521 6 159616599 94 211531211 0 0 2685078 1 208846133 99 55944118 0 0 1520826 3 54423292 97 0

3 electricity 2800851831 0 0 2800851831 100 0 0 1904319288 0 0 1904319288 100 0 0 313147066 0 0 313147066 100 0 0 305187645 0 0 305187645 100 0 0 278197832 0 0 278197832 100 0 0 0

NEW 3Q 6 metals 2425052155 1846067276 76 510046483 21 68938395 3 1725196947 1344913633 78 348639081 20 31644233 2 491138614 322187656 66 134067955 27 34883003 7 113432892 96110265 85 14911468 13 2411159 2 95283701 82855721 87 12427980 13 0 0 0

NEW 3Q 5 chemicals 2262624218 832709 0 1764062608 78 497728901 22 1830496419 832709 0 1383983577 76 445680134 24 178404295 0 0 154718787 87 23685508 13 204517117 0 0 176296061 86 28221056 14 49206386 0 0 49064183 100 142203 0 0


11 shipping 1566701514 1566701514 100 0 0 0 0 1550831094 1550831094 100 0 0 0 0 7182683 7182683 100 0 0 0 0 8478866 8478866 100 0 0 0 0 208871 208871 100 0 0 0 0 0

23 horeca 1327077845 1327077845 100 0 0 0 0 1114169750 1114169750 100 0 0 0 0 145643074 145643074 100 0 0 0 0 58181775 58181775 100 0 0 0 0 9083247 9083247 100 0 0 0 0 0

22 traders 1012808458 309097398 31 671384002 66 32327059 3 888984720 238713410 27 620949417 70 29321893 3 84578635 61559324 73 22468262 27 551048 1 25103930 3865676 15 20902208 83 336046 1 14141174 4958988 35 7064115 50 2118072 15 0




Corporates lt 05


14 beverages 590058725 0 0 587706928 100 2351798 0 319572326 0 0 318302046 100 1270280 0 246039846 0 0 245830777 100 209069 0 17020124 0 0 16147675 95 872449 5 7426429 0 0 7426429 100 0 0 0

4 water 556195915 0 0 0 0 556195915 100 247217462 0 0 0 0 247217462 100 79531309 0 0 0 0 79531309 100 96710361 0 0 0 0 96710361 100 132736782 0 0 0 0 132736782 100 0

18 paper amp pulp 324243316 0 0 2401493 1 321841823 99 257633391 0 0 2320373 1 255313018 99 35458901 0 0 81120 0 35377781 100 25863186 0 0 0 0 25863186 100 5287838 0 0 0 0 5287838 100 0

NEW 3Q 19 media 496287439 5831199 1 462497954 93 27958286 6 312184066 4925680 2 301671619 97 5586767 2 155702775 119905 0 133257388 86 22325481 14 7623389 785614 10 6791738 89 46038 1 20777209 0 0 20777209 100 0 0 0

24 telecom 402989688 0 0 0 0 402989688 100 196559277 0 0 0 0 196559277 100 135167412 0 0 0 0 135167412 100 11246828 0 0 0 0 11246828 100 60016171 0 0 0 0 60016171 100 0

12 aviation 340719009 340719009 100 0 0 0 0 221856910 221856910 100 0 0 0 0 39698022 39698022 100 0 0 0 0 78974801 78974801 100 0 0 0 0 189276 189276 100 0 0 0 0 0


NEW 3Q 8 IT 320269316 85443678 27 233512805 73 1312834 0 268759183 73319817 27 194140951 72 1298415 0 32643338 3324021 10 29305024 90 14293 0 5090436 1661549 33 3428762 67 125 0 13776359 7138290 52 6638068 48 0 0 0

15 tobacco 29688 0 0 0 0 29688 100 29688 0 0 0 0 29688 100 0 0 0 0 0 0 0 0 0 0 0 0 0

31 sector unknown 1296764966 -0 -0 1296764966 100 0 0 780910398 0 0 780910398 100 0 0 477868209 -0 -0 477868209 100 0 0 5887271 -0 -0 5887271 100 0 0 32099088 0 0 32099088 100 0 0 0

33120 33120 33120 33120 33120 33120 33120 33120 33120 33120 63020 63020 63020 63020 63020 33120 33120 33120 33120 33120


31Dec2019 31Mar2020 30Jun2020 30Sep2020












SMECORP S_6 6 metals 2466 14 1599 657 211 2683 15 1815 664 204 2640 15 1734 655 251 2582 14 1711 738 133 -106115 -00 -23 83 -118




SMECORP S_23 23 horeca 1228 07 914 214 101 1236 07 883 253 101 1283 07 837 342 104 1282 07 892 324 66 -106115 00 54 -18 -38





Corporates lt 05



SMECORP S_4 4 water 451 03 413 36 2 451 03 417 33 1 509 03 475 32 1 487 03 451 35 1 -106115 -00 -24 2 -0


SMECORP S_19 19 media 467 03 416 40 11 427 02 363 54 10 502 03 458 36 8 509 03 467 35 7 -106115 00 9 -1 -1




SMECORP S_8 8 IT 281 02 226 51 5 283 02 229 49 5 302 02 237 60 5 282 02 225 52 5 -106115 -00 -12 -9 0













10 automotive 4583 3723 812 35 860 188 08 0 00 00 4634 26 -51 1000 0 26

13 food producers 3042 0 00 00 559 184 05 2483 816 23 3010 17 32 1000 0 17

3 electricity 2729 0 00 00 2729 1000 26 0 00 00 2787 16 -58 1000 0 15

6 metals 2640 1510 572 14 1046 396 10 84 32 01 2683 15 -43 1000 0 15

5 chemicals 2448 1 00 00 2074 847 20 373 152 04 2430 14 17 1000 0 14




22 traders 873 262 300 02 596 683 06 14 16 00 1109 06 -237 1000 0 05




Corporates lt 05


14 beverages 717 0 00 00 714 995 07 3 05 00 685 04 32 1000

4 water 509 0 00 00 0 00 00 509 1000 05 451 03 58 1000

18 paper amp pulp 424 0 00 00 3 08 00 421 992 04 441 02 -17 1000

19 media 502 6 11 00 464 925 04 32 64 00 427 02 75 1000

24 telecom 408 0 00 00 0 00 00 408 1000 04 400 02 8 1000

12 aviation 345 345 1000 03 0 00 00 0 00 00 356 02 289 81 03 -11 1000


8 IT 302 99 329 01 203 671 02 0 01 00 283 02 20 1000

15 tobacco 0 0 00 00 0 00 00 0 1000 00 0 00 -0 1000

31 sector unknown 1211 0 00 00 1211 1000 11 -0 -00 -00 1196 07 15 1000

TOT SECTORS 84123 21229 252 47245 562 15649 186


Authorities 6366 0 00 00 0 00 6366 1000 60 6567 -201

Retail 73251 71976 1275







Metals 572 396 32









Retail 78102 70357 5522 2223 76695 69064 5342 2288 1408 1293 180 -65




Corporate 94610 96170 -1560


Retail 73251 65853 5170 2228 71976 64679 5005 2291 1275 1174 165 -64




Corporate 67740 69806 -2065

Undrawn 41867 15813 26076 -22 40679 15081 25593 5 1188 732 484 -28

Retail 4851 4504 352 -5 4719 4385 337 -3 133 119 15 -1


Corporate 26870 26364 505


Retail 41 37 3 1 40 36 3 1



SME 21 49 8 2 21 50 8 2

Corporate 38 0 0 0 39 0 0 0





SMECORP of which 107726 5568 52 106115 21229 20 47245 45 37641 35 104421 23679 23 43299 41 37443 36 -1694






10 automotive 4634 4583 3723 812 35 860 188 08 0 00 00 4517 3666 812 35 851 188 08 0 00 00 -67 1000 -0

13 food producers 3010 3042 0 00 00 559 184 05 2483 816 23 3063 0 00 00 531 173 05 2532 827 24 21 1000 0

3 electricity 2787 2729 0 00 00 2729 1000 26 0 00 00 2788 0 00 00 2788 1000 27 0 00 00 60 1000 0

6 metals 2683 2640 1510 572 14 1046 396 10 84 32 01 2582 1965 761 19 543 210 05 73 28 01 -58 1000 -0

5 chemicals 2430 2448 1 00 00 2074 847 20 373 152 04 2440 1 00 00 1902 780 18 537 220 05 -8 1000 0




22 traders 1109 873 262 300 02 596 683 06 14 16 00 848 259 305 02 562 663 05 27 32 00 -25 1000 -0




Corporates lt 05


14 beverages 685 717 0 00 00 714 995 07 3 05 00 703 0 00 00 700 996 07 3 04 00 -14 1000 -0

4 water 451 509 0 00 00 0 00 00 509 1000 05 487 0 00 00 0 00 00 487 1000 05 -22 1000 0

18 paper amp pulp 441 424 0 00 00 3 08 00 421 992 04 404 0 00 00 3 07 00 401 993 04 -20 1000 0

19 media 427 502 6 11 00 464 925 04 32 64 00 509 6 12 00 474 932 05 29 56 00 7 1000 0

24 telecom 400 408 0 00 00 0 00 00 408 1000 04 343 0 00 00 0 00 00 343 1000 03 -65 1000 0

12 aviation 356 289 03 345 345 1000 03 0 00 00 0 00 00 333 333 1000 03 0 00 00 0 00 00 -13 1000 0


8 IT 283 302 99 329 01 203 671 02 0 01 00 282 75 267 01 205 729 02 1 04 00 -21 1000 -0

15 tobacco 0 0 0 00 00 0 00 00 0 1000 00 0 0 00 00 0 00 00 0 1000 00 0 1000 0

31 sector unknown 1196 1211 0 00 00 1211 1000 11 -0 -00 -00 1146 -0 -00 -00 1146 1000 11 0 00 00 -65 1000 0

TOT SECTORS 84123 21229 252 47245 562 15649 186 23679 252 43299 16040


Authorities 6567 6366 0 00 00 0 00 6366 1000 60 6455 0 00 00 0 00 00 6455 1000 62 89

Retail 71976 73251 73251 1275





Belgium 1169932 10350 1209 11559 4746 1256 6002 17562 840 411 1251

Czech Rep 310659 2744 464 3208 1443 541 1984 5192 362 271 633

Int Markets 278252 352 4280 4632 7481 5945 13426 18057 986 2355 3340

KBC IRL 100925 06 4136 4142 6798 4625 11423 15565 827 1542 2368

CSOB SR 84864 148 43 191 133 179 311 502 54 156 210

KampH 55552 30 36 67 103 253 356 423 47 240 287

Bulgaria 36910 168 64 232 447 888 1335 1567 58 417 475

Group 34813 - 0 435 435 438 223 661 1095 111 208 319

total 1793656 13446 6388 19834 14108 7964 22073 41907 2298 3245 5544


all 1793656 13446 6388 19834 14108 7964 22073 41907 2298 3245 5544

Private Persons 732508 1968 4475 6443 7582 5305 12887 19329 919 1919 2837



SME 383744 6189 893 7082 2329 1060 3389 10471 484 373 856

Corporate 677403 5290 1020 6309 4198 1600 5797 12107 895 954 1850









Ireland


all 100925 06 4136 4142 6798 4625 11423 15565 827 1542 2368

Private Persons 100306 06 4136 4142 6798 4594 11393 15535 827 1542 2368



SME 428 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0

Corporate 191 - 0 - 0 - 0 - 0 31 31 31 - 0 - 0 - 0

Hungary


all 55552 30 36 67 103 253 356 423 47 240 287

Private Persons 20179 30 29 60 52 182 234 294 23 169 192



SME 1537 - 0 00 00 - 0 - 0 - 0 00 - 0 - 0 - 0

Corporate 33837 - 0 07 07 51 71 122 129 24 71 95


Stage 3 123117 33118 63018 93018 13118 1518 123119 33120 63020 93020 123119 33120 63020 93020





SME SME 459 459 457 443 SME 533 523 554 530






SME SME 30 30 32 SME 1160 1140 1212 1197


Stage 2 123119 33120 63020 93020 123119 33120 63020 93020





SME SMECORP SME SME


all all







all all

Stage 1 123119 33120 63020 93020 123119 33120 63020 93020





SME SMECORP SME SME


all all









Corporate


of total loans 351 350 348 346 370 384 381 375 377 367 379 365 388 378 369




Cover ratios 581 568 570 538 569 580 553 482 487 509 507 503 549 543 573

SME

SME loans (m EUR) 34089 35434 35378 35970 36661 37101 36968 37155 37336 37871 37807 38173 37921 38374 38496

of total loans 230 232 231 233 226 222 222 225 225 219 214 218 211 214 215




Cover ratios 487 542 537 528 512 520 513 496 502 481 477 459 459 457 443

Private Persons


of total loans 420 418 421 421 404 394 397 399 398 413 407 417 401 408 416




Cover ratios 375 377 384 332 397 391 395 397 402 309 301 305 296 332 322


of total loans 398 393 396 396 379 369 372 373 372 382 375 385 370 378 385




Cover ratios 367 364 367 320 386 380 384 384 387 283 273 278 268 305 296


of total loans 22 25 25 25 25 25 26 26 26 31 31 32 30 31 31




Cover ratios 750 700 808 722 755 736 753 719 740 679 682 676 664 670 659

TOTAL

Total loans 148387 152864 153339 154160 162546 166949 166822 164824 166055 172776 176553 175431 179702 179366 178883


of total loans 68 69 66 60 59 55 55 43 43 37 35 35 33 34 32


Cover ratios 466 473 475 440 478 480 472 448 453 422 420 420 434 448 452



123109 na na na na na 54 123109 0 0 0 166517 123109 0 0 0 8982

123110 38 na na 57 103 67 123110 69073 30053 65121 164247 123110 2653 1725 6704 11082

123111 52 na na 52 99 71 123111 64581 28983 65304 158868 123111 3367 1521 6436 11324

123112 62 na na 50 108 77 123112 60445 29933 56758 147135 123112 3767 1486 6141 11394

123113 114 116 63 53 122 102 123113 56583 54003 2579 32029 49068 137679 123113 6449 6286 163 1687 5972 14108

123114 117 120 57 49 109 99 123114 58192 55676 2517 32089 48649 138931 123114 6808 6664 144 1569 5315 13692

123115 100 102 51 43 98 86 123115 60147 57385 2763 33314 49939 143400 123115 5988 5848 140 1427 4890 12305

123116 84 87 35 38 79 72 123116 62365 59174 3191 34102 51058 147526 123116 5268 5155 113 1294 4021 10583

123117 67 69 33 39 65 60 123117 64919 61000 3919 35970 53271 154160 123117 4322 4192 130 1388 3476 9186


123118 47 48 29 33 46 43 123118 65814 61508 4306 37155 61856 164824 123118 3071 2948 124 1243 2836 7151

123119 32 32 29 30 41 35 123119 73146 67540 5606 38173 64112 175431 123119 2344 2184 160 1160 2656 6160

63020 30 30 29 32 38 34 63020 73251 67748 5503 38374 67740 179366 63020 2228 2066 162 1212 2584 6024

93020 29 29 27 31 36 32 93020 74462 68890 5572 38496 65925 178883 93020 2126 1973 153 1197 2380 5702








123109 na na na na na 38 123109 0 0 0 85269 123109 0 0 0 3242

123110 06 na na 44 71 42 123110 28292 23539 32920 84752 123110 169 1037 2346 3552

123111 07 na na 43 77 44 123111 30657 24558 33990 89205 123111 205 1051 2627 3883

123112 07 na na 43 84 44 123112 32008 25438 31535 88981 123112 214 1106 2633 3953

123113 07 06 35 49 92 47 123113 32263 31062 1201 27493 27158 86913 123113 227 185 42 1343 2502 4072

123114 07 06 30 46 82 43 123114 33337 32276 1060 27232 28492 89060 123114 235 204 32 1251 2340 3826

123115 06 06 27 40 72 38 123115 34382 33284 1098 28025 30406 92813 123115 221 192 29 1124 2203 3549

123116 06 05 20 35 60 33 123116 35286 33890 1396 28847 31511 95644 123116 204 177 27 1006 1900 3111

123117 05 05 16 29 51 28 123117 35159 33668 1491 29183 33463 97805 123117 184 160 24 838 1696 2718

31xx2017 05 05 16 29 44 27 31xx2017 35205 33717 1488 29572 39360 104138 31xx2017 185 160 24 849 1744 2778

123118 05 04 16 26 43 26 123118 35586 33911 1675 30321 42572 108479 123118 177 150 26 791 1816 2784

123119 04 04 10 25 39 24 123119 37001 35304 1697 31068 44323 112392 123119 152 135 17 788 1740 2680

63020 05 05 10 27 36 24 63020 37437 35790 1647 31437 48120 116993 63020 182 165 17 838 1730 2750

93020 05 04 10 27 34 22 93020 38351 36679 1672 31598 46561 116510 93020 177 161 16 857 1566 2600



123109 na na na na na 42 123109 0 0 0 17954 123109 0 0 0 757

123110 35 na na 98 56 53 123110 9299 3413 5623 18334 123110 329 335 314 979

123111 40 na na 83 42 48 123111 9697 3293 6323 19314 123111 384 275 263 922

123112 38 na na 73 41 45 123112 10723 3516 6545 20785 123112 410 255 269 935

123113 41 38 75 69 31 43 123113 7880 7190 690 3382 6454 17716 123113 323 271 52 234 198 755

123114 40 38 64 57 24 38 123114 8431 7682 749 3581 6762 18775 123114 339 291 48 204 163 706

123115 34 31 58 54 25 34 123115 9276 8479 797 3903 7221 20401 123115 312 266 46 213 177 701

123116 25 23 42 49 21 28 123116 10345 9405 941 4063 7472 21880 123116 259 219 39 198 159 616

123117 18 17 33 44 20 24 123117 12093 10944 1149 4702 7553 24348 123117 219 182 37 205 151 576

31xx2017 19 17 38 46 18 24 31xx2017 12098 10944 1154 4770 8188 25056 31xx2017 225 182 43 219 151 595

123118 15 13 33 44 29 24 123118 12963 11691 1273 4750 8005 25718 123118 190 148 41 207 232 628

123119 17 14 39 37 25 23 123119 18524 16196 2327 4934 8867 32325 123119 320 229 91 185 225 729

63020 16 13 41 38 26 22 63020 17940 15745 2195 4722 8405 31066 63020 294 203 90 178 218 690

93020 16 12 39 36 25 21 93020 17888 15733 2155 4636 8258 30781 93020 280 195 85 168 207 654



123109 na na na na na 55 123109 0 0 0 3734 123109 0 0 0 205

123110 57 na na 108 35 61 123110 1427 955 1489 3872 123110 82 103 52 237

123111 46 na na 71 48 49 123111 1639 301 2458 4399 123111 76 21 119 216

123112 35 na na 66 40 40 123112 1835 334 2329 4499 123112 63 22 94 179

123113 31 29 40 48 67 48 123113 2093 1735 359 588 1954 4635 123113 65 51 15 29 130 224

123114 29 27 41 48 56 43 123114 2377 1979 397 576 2113 5065 123114 69 53 16 28 119 215

123115 28 22 52 46 43 37 123115 2790 2219 571 651 2604 6045 123115 78 49 30 30 112 221

123116 22 16 51 43 37 31 123116 3265 2727 538 785 2717 6767 123116 72 45 28 34 101 207

123117 19 14 47 43 31 26 123117 3596 3122 473 853 2858 7307 123117 67 45 22 36 88 191

31xx2017 20 14 59 45 32 28 31xx2017 3606 3127 480 842 2868 7316 31xx2017 72 43 28 38 93 202

123118 13 09 38 40 24 20 123118 3907 3404 503 915 3011 7833 123118 49 30 19 36 71 157

123119 10 07 30 36 22 17 123119 4214 3706 508 962 3039 8215 123119 40 25 15 35 66 141

63020 10 07 34 59 26 21 63020 4406 3914 492 976 3105 8486 63020 44 27 17 58 79 181

93020 08 05 26 47 23 18 93020 4546 4053 492 990 3062 8598 93020 35 22 13 47 69 151



123109 na na na na na 81 123109 0 0 0 6765 123109 0 0 0 550

123110 106 na na 136 124 116 123110 3079 476 3159 6715 123110 325 65 392 782

123111 151 na na 211 91 123 123111 2674 225 2849 5747 123111 403 47 259 709

123112 170 na na 96 90 123 123112 2104 408 2608 5120 123112 357 39 234 630

123113 276 279 244 72 78 154 123113 1960 1769 191 405 2714 5080 123113 540 494 46 29 210 780

123114 265 267 242 65 58 135 123114 1892 1731 161 512 2685 5089 123114 502 463 39 33 154 689

123115 256 260 212 37 49 126 123115 1715 1574 140 530 2297 4542 123115 439 410 30 19 113 572

123116 188 196 96 74 27 91 123116 1764 1627 137 158 2650 4572 123116 332 319 13 12 73 416

123117 139 148 46 33 20 65 123117 1859 1695 164 169 2944 4973 123117 258 251 7 6 59 323

31xx2017 160 170 46 33 20 74 31xx2017 1910 1745 165 169 2944 5023 31xx2017 305 297 8 6 59 370

123118 76 83 24 32 16 38 123118 1826 1632 193 171 3155 5151 123118 139 135 5 5 51 196

123119 47 55 11 30 16 28 123119 2008 1635 373 163 3272 5442 123119 94 90 4 5 54 153

63020 44 53 09 26 10 22 63020 2018 1576 442 154 3384 5555 63020 88 84 4 4 32 124

93020 33 41 08 25 09 18 93020 2082 1591 491 150 3462 5694 93020 69 65 4 4 30 103



123109 na na na na na 260 123109 0 0 0 756 123109 0 0 0 196

123110 87 na na 439 592 397 123110 232 174 333 739 123110 20 76 197 293

123111 110 na na 456 577 390 123111 240 167 299 705 123111 26 76 172 275

123112 91 na na 358 638 381 123112 250 161 295 706 123112 23 57 188 269

123113 78 117 42 325 465 301 123113 258 122 137 161 327 747 123113 20 14 6 52 152 225

123114 85 129 44 283 454 281 123114 284 138 146 188 322 794 123114 24 18 6 53 146 223

123115 74 105 39 192 387 232 123115 309 161 147 186 364 858 123115 23 17 6 36 141 199

123116 58 81 31 176 259 162 123116 353 194 159 234 341 927 123116 21 16 5 41 88 150

123117 107 147 63 286 283 216 123117 1271 669 602 1049 968 3289 123117 136 98 38 300 274 710


123118 86 118 50 204 179 150 123118 1274 671 603 986 977 3237 123118 109 79 30 201 175 486

123119 76 102 46 144 108 106 123119 1351 719 632 1013 1165 3529 123119 103 74 29 146 126 375

63020 72 96 45 128 86 93 63020 1421 755 665 1043 1227 3691 63020 103 73 30 134 105 342

93020 68 90 44 113 80 85 93020 1478 780 698 1069 1202 3749 93020 101 70 31 120 96 318



123109 na na na na na 79 123109 0 0 0 18025 123109 0 0 0 1427

123110 86 na na 00 331 145 123110 13052 0 4111 17164 123110 1122 0 1360 2482

123111 152 na na 00 436 218 123111 12794 0 3896 16690 123111 1944 0 1698 3642

123112 214 na na 00 507 279 123112 12445 0 3517 15963 123112 2663 0 1784 4448

123113 435 435 00 00 644 478 123113 12125 12125 0 0 3155 15280 123113 5272 5272 0 0 2032 7304

123114 475 475 00 00 726 520 123114 11870 11870 0 0 2628 14498 123114 5636 5636 0 0 1908 7544

123115 421 421 08 281 744 473 123115 11676 11666 10 18 2233 13927 123115 4916 4915 0 5 1661 6581

123116 386 387 26 215 736 433 123116 11352 11332 20 15 1763 13130 123116 4381 4380 1 3 1298 5682

123117 316 317 31 187 672 350 123117 10941 10901 40 13 1174 12128 123117 3458 3457 1 2 789 4249


123118 235 236 39 158 100 230 123118 10257 10199 59 12 342 10612 123118 2408 2406 2 2 34 2444

123119 163 164 52 35 811 164 123119 10048 9979 69 33 24 10104 123119 1636 1632 4 1 19 1656

63020 151 152 66 26 421 151 63020 10031 9968 63 43 19 10093 63020 1517 1513 4 1 8 1527

93020 145 145 70 16 355 144 93020 10118 10053 65 53 10 10181 93020 1465 1460 5 1 3 1469



123109 na na na na na 77 123109 0 0 0 34013 123109 0 0 0 2604

123110 44 na na 72 117 84 123110 13691 1496 17486 32673 123110 605 108 2043 2756

123111 48 na na 116 84 74 123111 6880 439 15489 22809 123111 329 51 1298 1678

123112 33 na na 84 96 89 123112 1079 76 9810 10965 123112 36 6 938 980

123113 994 00 994 00 104 105 123113 2 0 2 0 7152 7155 123113 2 0 2 0 746 748

123114 1000 00 1000 00 86 86 123114 2 0 2 0 5648 5650 123114 2 0 2 0 486 488

123115 00 00 00 00 100 100 123115 0 0 0 0 4808 4808 123115 0 0 0 0 482 482

123116 00 00 00 00 88 88 123116 0 0 0 0 4587 4587 123116 0 0 0 0 401 401

123117 00 00 00 00 98 98 123117 0 0 0 0 4296 4296 123117 0 0 0 0 420 420


123118 00 00 00 00 120 120 123118 0 0 0 0 3794 3794 123118 0 0 0 0 457 457

123119 00 00 00 00 124 124 123119 0 0 0 0 3422 3422 123119 0 0 0 0 426 426

63020 00 00 00 00 118 118 63020 0 0 0 0 3481 3481 63020 0 0 0 0 411 411

93020 00 00 00 00 121 121 93020 0 0 0 0 3370 3370 93020 0 0 0 0 409 409


2010 2011 2012 2013 2014 2015 2016 2017

Private persons 38 52 62 114 117 100 84 72 47 32 30 29

BE 06 07 07 07 07 06 06 05 05 04 05 05

CZ 35 40 38 41 40 34 25 19 15 17 16 16

SK 57 46 35 31 29 28 22 20 13 10 10 08

HU 106 151 170 276 265 256 188 160 76 47 44 33

BG 87 110 91 78 85 74 58 100 86 76 72 68

IRL 86 152 214 435 475 421 386 336 235 163 151 145


BE na na na 06 06 06 05 05 04 04 05 04

CZ na na na 38 38 31 23 17 13 14 13 12

SK na na na 29 27 22 16 14 09 07 07 05

HU na na na 279 267 260 196 170 83 55 53 41

BG na na na 117 129 105 81 136 118 102 96 90

IRL na na na 435 475 421 387 337 236 164 152 145


BE na na na 35 30 27 20 16 16 10 10 10

CZ na na na 75 64 58 42 38 33 39 41 39

SK na na na 40 41 52 51 59 38 30 34 26

HU na na na 244 242 212 96 46 24 11 09 08

BG na na na 42 44 39 31 60 50 46 45 44

IRL na na na 00 00 08 26 31 39 52 66 70

SME 57 52 50 53 49 43 38 39 33 30 32 31

BE 44 43 43 49 46 40 35 29 26 25 27 27

CZ 98 83 73 69 57 54 49 46 44 37 38 36

SK 108 71 66 48 48 46 43 45 40 36 59 47

HU 136 211 96 72 65 37 74 33 32 30 26 25

BG 439 456 358 325 283 192 176 279 204 144 128 113

IRL 281 215 187 158 35 26 16

Corporate 103 99 108 122 109 98 79 63 46 41 34 36

BE 71 77 84 92 82 72 60 44 43 39 36 34

CZ 56 42 41 31 24 25 21 18 29 25 26 25

SK 35 48 40 67 56 43 37 32 24 22 26 23

HU 124 91 90 78 58 49 27 20 16 16 10 09

BG 592 577 638 465 454 387 259 264 179 108 86 80

IRL 331 436 507 644 726 744 736 694 100 811 421 355








Impairment -2993 -3026 -3817 -3728 89




Coverage ratio




Stage distribution












Impairment -4669 -4611 -3725 -3523 -3527 -3036 -2916 -2855 -2851 -3669 -3589 80





Coverage ratio





Stage distribution












Belgium 641 659 652 651




Total 1000 1000 100 100





Corporates 477 470 469 464





Corporates 837 845 841 830






Retail 78102 76695 1408



SME 48520 47516 1004

Corporate 94610 96170 -1560


Retail 73251 71976 1275



SME 38374 37921 454

Corporate 67740 69806 -2065

Undrawn 41867 15813 26076 -22 40679 15081 25593 5 1188 732 484 -28

Retail 4851 4719 133

SME 10146 9595 550

Corporate 26870 26364 505


Retail 41 0 0 0 40 0 0 0



SME 21 0 0 0 21 0 0 0

Corporate 38 0 0 0 39 0 0 0






Retail 78040 70226 5473 2341 76695 69064 5342 2288 78102 70357 5522 2223 79266 71699 5449 2119 1226 1472 -24 -222 1164 1342 -74 -104



SME 47636 113979 22566 3822 47516 100510 39538 3638 48520 115884 23468 3779 48603 36429 10998 1176 967 82

Corporate 92732 96170 94610 93737 77954 13397 2387 1006 -873

Undrawn 42977 34685 8289 3 40679 15081 25593 5 41867 33075 8815 -22 42723 33340 9404 -21 -254 -1345 1116 -24 856 265 589 1

Retail 4894 4473 424 -3 4719 4385 337 -3 4851 4504 352 -5 4804 4477 334 -7 -90 4 -90 -4 -47 -27 -18 -2

SME 9463 30212 7865 6 9595 10696 25256 8 10146 28571 8463 -18 10107 5740 4388 -21 644 -39

Corporate 28620 26364 26870 27812 23123 4683 7 -808 943


Retail 73146 65754 5049 2344 71976 64679 5005 2291 73251 65853 5170 2228 74462 67222 5114 2126 1316 1468 66 -218 1211 1369 -56 -102



SME 38173 83767 14702 3816 37921 89815 14282 3629 38374 87313 15005 3796 38496 30689 6610 1197 323 122

Corporate 64112 69806 67740 65925 54831 8715 2380 1813 -1815


Retail 42 37 3 1 40 36 3 1 41 37 3 1 42 38 3 1



SME 22 48 8 2 21 50 8 2 21 49 8 2 22 17 4 1







Retail 42 40 41 42



SME 22 21 21 22


4

KBC Group NV


100100

KBC IFIMA


AT 1 Tier 2 Senior


MREL



5

Contents



186

27

KBC Ancora

Cera74

MRBB

115

Other core

599Free float




4 Covid-19



7 Looking forward

Appendices

6












Customer Centricity

53 52

47 48

20192018



7

High profitability


FY19

Net result

2489mEUR 14

ROE

58 90


9M20

902mEUR 759 83


271 bps

2018

251 bps

2019



1Q19

157

1Q20

156

9M201H19 1H209M19 FY19

154171 163 166 166

136

NSFR

138

LCR

146 142


FY199M20




8













9









10








11











highly personal

AT THE RIGHT TIME









targetable audience

VOLUME




12

+

+



13

Bank-insurance+


14

CORPORATE FINANCE











15


SMECorporate

RetailSME

PHYGITALDIGITAL










16

Top Management

Priority


Group wide


bolt on

Embraceinnovation

andtechnology




(KYT) processes


levels












tools



17


KEY PRIORITIE

S



and AI


Bank-insurance+


driven


Maximizecustomer

experience

Go forDigital first

Furtherenhance

bank-insurance

Outperformon


DATA DRIVEN


STPSCORE


DIGITAL SALES


18





Top-2 Top-2

current target 23


77 85

22 27


target 23



19






2260

3880

currentSTP


potential

target 23


3140

1425

currentbank


target 23




20


Incr

easi

ng o

ur

posi

tive

impa

ct


Lim

iting

our

ad

vers

e im



Resp

onsi

ble

beha

viou


21












Board of Directors

Executive Committee






22

Our ESG ratings


CDP A- Leadership

FTSE4Good 465

ISS Oekom C Prime

MSCI AAA



72100







7 9 12 14

30


57

20192017 1H20

41 4457

65



252

8634 36 26

2016 1H202017

0

2018 2019 2021





78

1H20 targetrsquo30

100

2017 2018

83

2019

74 83


50

2019 targetrsquo30

29

2017 2018

38

80

Full Exit

23









2019 2018

Green finance


Social finance





Total 20 542 16 769






24



Pilots




25

Contents


30 SEPTEMBER 2020




4 Covid-19



7 Looking forward

Appendices

63

15

21

Belgium

Group Centre

Czech Republic


2

26


















Net result


430

745612

702

-5

210

697

1Q19 2Q19 3Q19 2Q201Q204Q19 3Q20

27




430

745

612702

-5

210

697

1Q201Q19 3Q192Q19 3Q204Q19 2Q20


618

514586

-11

42

546

2Q201Q19 3Q203Q192Q19 1Q204Q19

68 83 79 7936

85 73

3361 66

94119 134

-20 -46 -30 -31 -50

157

-4

1Q19 2Q19 4Q193Q19

-13-20

1Q20

173

2Q20 3Q20

96

124 99143

3


Amounts in m EUR

Non-Life result

Life result


28









NIM

NII

992 971 977

117 114 15

2Q20

118 111124 1

114

1006

1195

2Q19

14

-1

1182

10661044

1

3Q19

112212

1057

4Q19

17

1Q19

1129

1Q20

166106

-1

131

3Q20

1132 11741083

3Q191Q19

181

2Q19 2Q204Q19 1Q20

194198

3Q20

194 194 197

182

Amounts in m EUR







Growth q-o-q +1 +2 +1 +1 0

Growth y-o-y +4 +6 +4 -4 -3

29


Amounts in bn EUR

AuM

210 210 212 216

193202 204

4Q191Q19 3Q202Q203Q192Q19 1Q20

264 270 275 279 270 237 245

219 230 237 243 229219 218

-73 -65 -68 -77 -71 -68 -73

3Q201Q19

410

2Q19 3Q19 4Q19 2Q201Q20

435 444 445 429388 390












effect

FampC

30



and by 8 y-o-y





9093 92

1Q 1H 9M

83

FY

9283

90

2019 2020

415 425 440 441 443 435 448

351 317 291 364 297 276 267

805740

1Q19 2Q19 3Q19 4Q19 3Q201Q20 2Q20

766 742 731 712 715


Amounts in m EUR

31








LIFE SALES


214 198 161 160 177327

205

302 261242 311 249

235

214

4Q19 2Q201Q19 3Q202Q19 3Q19 1Q20

516459

403471

427

561

420


534

412 411 400

567

415 416

1Q204Q192Q191Q19 2Q203Q19 3Q20

Amounts in m EUR

32







FIFV

Amounts in m EUR

-186

10062 48

-59

126

-82

-2

1Q19

-3

8

-8

4Q19

-2219

-37 -25-1

130

17

85

3Q203Q19

44

29 1028-58

1Q20

-3

2Q20

11 3155

2Q19

13

19

-2-46

-385

253

99

59

133

43 47 50 5337

4Q191Q19 2Q19 3Q19 3Q202Q201Q20

NET OTHER INCOME


M2M ALM derivatives

33









OPERATING EXPENSES

913 957 947 994 931 877 905

382 407

1338

3Q19

2130

1Q19 2Q19 4Q19

28 51

1Q20

27

2Q20

904

3Q20

1296

988 975 1045926




3Q20 1Q20 2Q20 3Q20 1Q20 2Q20 3Q20 4Q20e

BE BU 0 289 2 0 0 0 0 0

CZ BU 0 40 0 0 0 0 0 0

Hungary 20 25 1 0 20 18 20 24

Slovakia 0 3 0 0 8 8 0 0

Bulgaria 0 17 -1 0 0 0 0 0

Ireland 1 4 -1 0 1 1 1 26

GC 0 0 0 0 0 0 0 0

TOTAL 21 377 0 0 29 27 21 50


Amounts in m EUR

34









ASSET IMPAIRMENT

67 75 78 9957

4369

26

3Q19

41

1Q19 3Q20

36

2Q19

63

1

1Q20

25

7

20

4Q19

12

141 746

2Q20

11

-5

40

82

857


32

19

4Q19

2124

1Q19 3Q192Q19

20 19

1Q20

37

19

2Q20

18

3Q20

43

35 35 3433

CREDIT COST RATIO


017

023

FY17

042

009

-006 -004

012

061


Other impairments



Amounts in m EUR


35


9M20CREDIT COST

RATIO

FY19CREDIT COST

RATIO

FY18CREDIT COST

RATIO

FY17CREDIT COST

RATIO

FY16CREDIT COST

RATIO


Belgium 059 022 009 009 012 na



Group Centre -027 -088 -083 040 067 na

Total 061 012 -004 -006 009 042


36



21

1Q19 2Q19

20

4Q19 3Q20

1819

2Q201Q20

19

43

19

3Q19

37 35 35 33 34 32

24


2Q19 3Q19

11

1Q20

12

2Q20

11

3Q20

13

1Q19 4Q19

23

131415

24 2523 22 22 21

49

1Q20

48 45

3Q19

85

5176

4Q191Q19 2Q20

58

2Q19

91

53

118

98

82 78 72

3Q20

BELGIUM BU

11

2222

12

2Q20

12

3Q20

11

1Q20

24

12

1Q19 3Q19

11

26

2Q19

11

4Q19

23 23 24

KBC GROUP

37

Cover ratios


BELGIUM BUKBC GROUP

453

3Q191Q19

422

2Q19 2Q204Q19 1Q20 3Q20

656599

420

604 603

420 434

604

448

624

452

617



1Q20 3Q20

472

2Q20

660

2Q191Q19

690

3Q19 4Q19

474 475

639

481

655 655

472

669

472 492

661

421 449

1Q19 2Q19 1Q203Q19 2Q204Q19 3Q20

644

430

625

423454

642

417

634 626659

464

654

4Q191Q19 3Q201Q20 2Q202Q19 3Q19

430

607

327 352

481

321

464

327

470

324

470 487

340

465

38


993 932605

439335

361412

1575

2016

1432

2019

1240

2017

1450

1089

2018 2020

1344

9M20 ROAC 12

Amounts in m EUR

465 534 484584 281

131168 170

205

2018

702

2016

596

2017 2019 2020

654

789


289370 440

260 113

13974

93

119

20192016

533

2017 2018

444

2020

428379

9M20 ROAC 7


4Q 9M 4Q 9M 4Q 9M


902

685462 621 702

2016

1742 19482113

2017

1787

2018 2019 2020

2427 2575 2570 2489

9M20 ROAC 11

4Q 9M

39


76

67

158

146






Trading assets

51

2621

185

12197








Trading liabilities


40


4

BE



35

2

8


6

Deposits

2

Retail mortgages

Loans Deposits

121214


6

1011

DepositsLoans

22

Retail mortgages

17

8


22

-5

6

4


Deposits

4


CR

41


11

7

14

6

8443

3

42

Services

Automotive

Distribution

Rest


Real estate



Private Persons

Chemicals

16

17

45

Other sectors

Electricity

Food producers

14

14

Metals


07

Shipping 07


05



42


541

Belgium

Ireland

163

2132

Other CEE

Czech Rep

Slovakia

58

50

Hungary

Bulgaria87

Other W-Eur 0315

North America

14

Asia

16Rest


43




27

18

67

12

9

4

Bulgaria3

Belgium

Czech Rep

Slovakia3

PolandHungary

3Italy

France

Other

SpainGermany

Austria Netherlands

IrelandPortugal


() 1 () 2

29

14

366

4

13

10

5

France

Belgium

Poland

Czech Rep

Spain

Italy

Hungary

3

SlovakiaBulgaria

Other

Germany Austria



() 1 () 2

44

Contents




4 Covid-19



7 Looking forward

Appendices

45



1045 OCR

FY19

163

9M191H19

166

1Q19 1Q20 1H20

166157

9M20

156 154

171








1069 MDA


46



157 CET1

18921 T2

16 AT1

1Q19 1H19

21 T2

156 CET1 166 CET1

16 AT1 15 AT1

1Q209M19

154 CET 1

19 T2

15 AT1

206

20 T2

171 CET1

FY19

19 T2192

15 AT1

163 CET1

18 T2

15 AT115 AT1

1H20

18 T2

9M20

193 197 198 198

166 CET1



47


55

1Q19 1H19 9M19 FY19 1Q20

52

1H20 9M20

51 50 52 48 48


1H191Q19

65

9M19 FY19

60

9M201H201Q20

61 6068

60 59

Solvency II ratio

1H20 9M20






48




69 customer

driven



NSFR 136 146 ge100

LCR 138 142 ge100



9

6969

9

73

2

63

8

719

10

2

71

FY13

18

13

93

FY18

7

FY14

18

68

86

7

11

3

71

FY15

10

FY19

48

FY16

8

62

48

9

63

1

FY17

8 8

72

7

82

9M20


Total Equity


Government and PSE

Mid-cap

Retail and SME

5

19

76

133 766 139 560 143 690 155 774 163 824 176 045 189 453

FY14 FY15 FY16 FY17 FY18 FY19 3Q20


49










38

2816

36

01

06

16

09 0908

0503 03

0

1000

2000

3000

4000

5000

6000

7000

2020 2021 2022 2023 2024 2025 2026 2027 gt= 2028

m E

UR





50



Tier 2 2 179



KBC Bank

Tier 2 1 680



176

KBC Insurance

Tier 2 500







51






LAA

RCA

MCC

8 P1

175 P2R

435 CBR

8 P1

175 P2R

31 (CBR ndash 125)

100 RWA

95 RWA

= 263as of RWA


x RWATLOF balance

31122017=

967 as of TLOF

Actual in of TLOF

23

59

06

94

05

3Q20

HoldCo senior


CET1

52


1Q201Q19 1H19 9M19 FY19

93104

9M201H20

96 98 10093 94




53



Gro

upBa

nkIn

sura

nce


Baa1 A- A- BBB BBB+

Ba1 BB+ BBB-

Senior Unsecured


A1 A+ A+Tier II


-


- A -- A -

BBB


-




54

Contents




4 Covid-19



7 Looking forward

Appendices

55

COVID-19 (19)





Belgium

Defe

rral

of p

aym

ents

Guar

ante

e Sc

hem

e amp

liq

uidi

ty a

ssist

ance





Czech Republic










56




Slovakia

Defe

rral

of p

aym

ents

Gua

rant

ee S

chem

e amp

liq

uidi

ty a

ssist

ance








COVID-19 (29)









57

COVID-19 (39)













obligors

k

of total loan

portfolio



obligorsk



obligors

k

of total loan

portfolio



obligors

k

of total loan

portfolio



58

COVID-19 (49)

IFRS 9 scenarios













Real GDP growth




59

COVID-19 (59)

IFRS 9 scenarios


Unemployment rate



2020 2021 2022

House-price index



2020 2021 2022

60

COVID-19 (69)







Loan portfolio


852

FY19

113 10735

860 854

33

1Q20

854

11334

1H20

Stage 3 11432

9M20

Stage 1

Stage 2


61

78

99

-2

234

43

150

-3

147

596

57

637

3Q20

2Q20

1Q20

9M20

121

845

52

1 018

Management overlay



Amounts in m EUR


COVID-19 (79)



FY19 3M20 1H20 9M20










62

COVID-19 (89)




36

23

41

Medium

Low

High

10

47

35

29

33

1219


33

9M20



Automotive












63

COVID-19 (99)








Total9M20

OUSTANDING_slide


GCA_info GCRD

GCRD_outstanding

IMP_BS

NPL_segment

GCRD_NPL_historic



GCRD_FORBORNE



GCA_risk_slide


GCRD_GCA_stages


GCRD_PD evolutions



ECL_risk sector


ECL_overlay_country

ECL_overview_9M



overall_imp



GF_ECL_INPUT

CCR_slide

GCRD_CCR data

CCR_historiek
CCR200220032004200520062007200820092010201120122013201420152016201720182019557120113137011191827111942239-6-412

coverage_input Jos


calc_NPL

GCA_risk_sector

ampDampPampNampF

Guidance

Man Overlay_segment


image1emf

Sep-20Sep-20Sep-20

EUR mlnconc

EUR

mln

in perc

points

PD

∆

share

EUR

mln

in perc

points

share

EUR

mln

in perc

points


asymp

30

asymp

164-20-12

asymp

29-12-04

asymp


asymp

20

asymp

62-13-06

asymp

14-202

asymp


asymp

30

asymp

88503

asymp

31-42-12

asymp

04 water708061700

asymp

30

asymp

922229

asymp

02-1-01

asymp

05 chemicals4 679396950640

asymp

13018-18

asymp

261403

asymp

06 metals4 114342200

asymp

40

asymp

23322253

asymp

54800

asymp


asymp

40

asymp

1992729

asymp

54-6-01

asymp

08 IT60705-65-01

asymp

5130756114

asymp

10000

asymp


asymp

40

asymp

189-3902

asymp

472932

asymp

10 automotive6 06150-153-01

asymp

40

asymp

33640373296313

asymp

11 shipping1 78515-285-02

asymp

40

asymp

175-281-112161110

asymp

12 aviation47204-1700

asymp

40

asymp

319726

asymp

62411

asymp


asymp

40

asymp

161-83-31

asymp

31-20-08

asymp

14 beverages1 05909-2000

asymp

40

asymp

122104

asymp

12-8-08

asymp

15 tobacco1600-700

asymp

20

asymp

13005

asymp

00000

asymp


asymp

50

asymp

2735175

asymp

54-27-19

asymp


asymp

50

asymp

373103111

asymp

70915

asymp


asymp

40

asymp

270-809

asymp

15000

asymp

19 media7990711501

asymp

40

asymp

87-25-52

asymp

19-5-10

asymp


asymp

210130-02

asymp

39-93-14

asymp

21 distribution17 4341442-149-02

asymp

50

asymp

263-303-1589-259-14

22 traders2 06417-499-0450

asymp

310-337-71113-723

asymp

23 horeca1 637143700

asymp

50

asymp

3852004

asymp

51602

asymp

24 telecom95108-230-02

asymp

30

asymp

59112

asymp

05001

asymp


asymp

40

asymp

82-7-01

asymp

090-01

asymp


asymp

50

asymp

26639633431200

asymp

28 services25 18720838950740

asymp

179137-01

asymp

245602

asymp

31 unknown3 532294200

asymp

50

asymp

52733289783233

asymp


asymp

2228140642-238-02

Y-1 evolution

GCRD Industry

Annual evolutions

Granted amounts

(in )


PD rating


Credit quality

(PD6-9 in granted)

Credit quality



image2emf

Sep-20Sep-20Sep-20

EUR mlnconc

EUR

mln

in perc

points

PD

∆

share

EUR

mln

in perc

points

share

EUR

mln

in perc

points


asymp

30

asymp

164-20-12

asymp

29-12-04

asymp


asymp

20

asymp

62-13-06

asymp

14-202

asymp


asymp

30

asymp

88503

asymp

31-42-12

asymp

04 water708061700

asymp

30

asymp

922229

asymp

02-1-01

asymp

05 chemicals4 679396950640

asymp

13018-18

asymp

261403

asymp

06 metals4 114342200

asymp

40

asymp

23322253

asymp

54800

asymp


asymp

40

asymp

1992729

asymp

54-6-01

asymp

08 IT60705-65-01

asymp

5130756114

asymp

10000

asymp


asymp

40

asymp

189-3902

asymp

472932

asymp

10 automotive6 06150-153-01

asymp

40

asymp

33640373296313

asymp

11 shipping1 78515-285-02

asymp

40

asymp

175-281-112161110

asymp

12 aviation47204-1700

asymp

40

asymp

319726

asymp

62411

asymp


asymp

40

asymp

161-83-31

asymp

31-20-08

asymp

14 beverages1 05909-2000

asymp

40

asymp

122104

asymp

12-8-08

asymp

15 tobacco1600-700

asymp

20

asymp

13005

asymp

00000

asymp


asymp

50

asymp

2735175

asymp

54-27-19

asymp


asymp

50

asymp

373103111

asymp

70915

asymp


asymp

40

asymp

270-809

asymp

15000

asymp

19 media7990711501

asymp

40

asymp

87-25-52

asymp

19-5-10

asymp


asymp

210130-02

asymp

39-93-14

asymp

21 distribution17 4341442-149-02

asymp

50

asymp

263-303-1589-259-14

22 traders2 06417-499-0450

asymp

310-337-71113-723

asymp

23 horeca1 637143700

asymp

50

asymp

3852004

asymp

51602

asymp

24 telecom95108-230-02

asymp

30

asymp

59112

asymp

05001

asymp


asymp

40

asymp

82-7-01

asymp

090-01

asymp


asymp

50

asymp

26639633431200

asymp

28 services25 18720838950740

asymp

179137-01

asymp

245602

asymp

31 unknown3 532294200

asymp

50

asymp

52733289783233

asymp


asymp

2228140642-238-02

Y-1 evolution

GCRD Industry

Annual evolutions

Granted amounts

(in )


PD rating


Credit quality

(PD6-9 in granted)

Credit quality



image3png

image4png

1

2

3

4

5

6

7

A

B

C

D


9M20

Optimistic

Base

EUR m

15

45

KBC Group

471

621

By country

Belgium

300

366


64

Contents




4 Covid-19



7 Looking forward

Appendices

65










Moodyrsquos Fitch




66










Not

e Ho

lder

s

Covered bonds

ProceedsIssuer

Cover PoolMonitor




67



Collateral type


Test


Liquidity Test

Cap on Issuance

1

2

3

4

5









68







69

Contents




4 Covid-19



7 Looking forward

Appendices

70















71



Certification

Verification





Green Bond funding







KBC Green Bond 2018

KBC GreenBond 2020




72

Contents




4 Covid-19



7 Looking forward

Appendices

73

Looking forward


Economicoutlook

Group guidance






74

Appendices







75

Guidance End 2019












76


End 2019




BU BE gt 2 by 2020 +1

BU CR gt 15 by 2020 +12

BU IM gt 10 by 2020 +22



BU BE gt 2 by 2020 +1

BU CR gt 15 by 2020 +17

BU IM gt 15 by 2020 +25




77




78




MREL

Additional Tier1


write-down 5125


write-down 5125



tax call


tax call


tax call








79






No of Loans 230 571













80




Linear1

Annuity99


32

Renovation7

Construction11

Other0


1

Vlaams Brabant

18

Antwerpen28

Limburg12

Luik2

Namen0

Henegouwen1

Luxemburg0

West-Vlaanderen

14

Oost-Vlaanderen

18

No review75

1 y 1 y8

3 y 3 y11

5 y 5 y5

10 y 5 y1

15 y 5 y0

20 y 5 y0

81




000

1000

2000

3000

4000

5000

6000

7000

8000

2018 - 2022 2023 - 2027 2028 - 2032 gt 2032


187 months

000

500

1000

1500

2000

2500

0 - 12 13 - 2425 - 3637 - 4849 - 6061 - 7273 - 8485 - 9697 -108 109 -


494 months

000100020003000400050006000700080009000

10000

lt 2

5

25

lt to

lt=

30

30

lt to

lt=

35

35

lt to

lt=

40

40

lt to

lt=

45

45

lt to

lt=

50

50

lt to

lt=

55

55

lt to

lt=

60

60

lt to

lt=

65

65

lt to

lt=

70

gt 7

0Weighted


174

000200400600800

10001200140016001800

lt= 1

0

10

lt to

lt=

20

20

lt to

lt=

30

30

lt to

lt=

40

40

lt to

lt=

50

50

lt to

lt=

60

60

lt to

lt=

70

70

lt to

lt=

80

80

lt to

lt=

90

90

lt to

lt=

100

100

lt to

lt=

110

110

lt to

lt=

120

120

lt to

lt=

130

130

lt to

lt=

140

140

lt to

lt=1

50

150

lt


656

82


500 000

550 000

600 000

650 000

700 000

750 000

800 000

850 000

900 000

Source FOD Economie



83


84







85



Comment



COVID-19 outliers


exposure in EUR)




draft RTS








86






GROUPCENTRE

BRANCHES (end 3Q20) 507 221 117 208 176 16










88


B3 Basel III



















Glossary (12)

89

Glossary (22)








90

Contacts Questions



Slide Number 1



Slide Number 4

Contents




Slide Number 9

Slide Number 10

Slide Number 11

Slide Number 12

Slide Number 13

Slide Number 14

Slide Number 15

Slide Number 16

Slide Number 17

Slide Number 18

Slide Number 19






Contents












Cover ratios



Slide Number 40




Contents










Contents










Contents


Slide Number 66

Slide Number 67

Slide Number 68

Contents



Contents

Looking forward

Appendices

Slide Number 75

Slide Number 76


Slide Number 78










Glossary (12)

Glossary (22)

Contacts Questions





Toestand 32020 en 62020 + 72020



2Q 2020 1Q 2020



TOTAL 0 0 0 TOTAL 2832 2735 5568













23 horeca 0 23 horeca 731 315 1046








4 water 0 4 water 0






8 IT 0 8 IT 0





Base 1100 45 495








SMECORP of which

28 services

21 distibution

27 real estate



10 automotive

13 food producers

3 electricity

6 metals

5 chemicals


11 shipping

23 horeca

22 traders



9 electrotechnics

Corporates lt 05


14 beverages

4 water

18 paper amp pulp

19 media

24 telecom

12 aviation


8 IT

15 tobacco

31 sector unknown

Retail

of which mortgages



oustanding 179365562022753

34




KBC Group 484 611 870 696 44 44 167 93 789 746 43 746 150 596 43

By country

Belgium 285 355 478 393 20 20 20 20 413 378 35 378 49 329 35

Czech Republic 103 129 186 148 10 10 10 10 158 152 6 152 17 135 6

Slovakia 30 34 50 40 0 0 0 0 40 39 1 39 6 33 1

Hungary 37 48 69 55 0 0 0 0 55 54 1 54 13 41 1

Bulgaria 5 14 19 15 13 13 13 13 28 28 na 28 5 23 na

Ireland 24 32 68 45 1 1 124 50 95 95 na 95 60 35 na

Simulatie guidance


354 actuals 177 2

1143 vs 11 bn



177 Actuals

754 vs 08 bn




1317 vs 16 bn







SME SME 457 440 459 459 SME 554 533 523 533 SME 215






SME SME 32 32 30 30 SME 1212 1212 1140 1160 SME 38374 38374 37921 38173







SME SMECORP SME SME


all all







all all

Stage 1 63020 33120 123119 63020 33120 123119





SME SMECORP SME SME


all all







INFO MARTIJN


1999 30

2000 30

2001 30

2002 55

2003 71

2004 20 198

2005 1 35

2006 13 177

2007 13 185

2008 70 822

2009 111 1903

2010 91 1483

2011 82 1333

2012 71 1072

2013 119 1719

2014 42 587

2015 23 323

2016 9 126

2017 -6 -87

2018 -4 -62

2019 12 203

average 02-19 441

average 99-19 420





Belgium 570039165 727207199 114692690674 0634 0634 364002274 48868856 157168035 727207200 314336069 0274 0274 412871130


Int Markets 222330762 227123005 27557969513 0824 0824 133572746 83965774 4792243 227123005 9584485 0035 0035 217538519

Group - 9111424 - 18222848 3451882903 -0528 -0528 - 0 - 0 -9111424 -18222848 - 18222848 -0528 -0528 - 0

Grand Total 961431083 1135031234 177398175472 0640 0640 637596302 150234630 173600152 1135031235 347200302 0196 0196 787830931

- 0

BU Int Markets - 0

CSOB SR 47528277 55255390 8350691035 0662 0662 33501164 6300000 7727113 55255390 15454226 0185 0185 39801164



KBC IRL 95163665 95113751 10098430734 0942 0942 35213579 60000000 -49914 95113751 - 99828 -0001 -0001 95213579

Grand Total 222330762 227123005 27557969513 0824 0824 133572746 83965774 4792242 227123004 9584485 0035 0035 217538520





Belgium 609599605 676298881 114451112269 0591 0591 361468154 48033624 200097827 676298881 266797103 0233 0233


Int Markets 216128798 219229265 27755918783 0790 0790 121004647 85822751 9301400 219229265 12401867 0045 0045

Group - 6968602 - 9291469 3396475323 -0274 -0274 - 0 - 0 -6968602 -9291469 - 9291469 -0274 -0274

Grand Total 1011834694 1088002003 177156911201 0614 0614 635789034 147543734 228501926 1088002003 304669235 0172 0172

BU Int Markets

CSOB SR 42600524 44513125 8406424944 0530 0530 33809969 3052751 5737804 44513125 7650406 0091 0185



KBC IRL 94808011 95377549 10142543033 0940 0940 26099396 67000000 1708615 95377549 2278153 0022 0022

Grand Total 216128798 219229265 27755918783 0790 0790 121004647 85822751 9301400 219229265 12401867 0045 0045



Belgium 040 028 063 027 059 023 -004 -004

Czech Republic 010 002 062 010 064 010 002 000


Slovakia 030 025 066 019 053 019 -013 000

Hungary -012 -022 096 -004 089 -009 -007 -004

Bulgaria 031 031 066 -011 081 017 015 028

Ireland 006 006 094 000 094 002 -000 002

Group Centre -107 -107 -053 053 000

KBC GROUP 027 017 064 020 061 017 -003 -002


2Q 2020 3Q20 2Q20 1Q20 9M2020



TOTAL 845 53 619 173 -5 -8 26 -23 -2 0 30 -32 -3 -8 -4 9 54 599 93 596 0 547 49 150 54 52 44 248 53 73 124 31Dec1899 121 0 0 0 43 0 43 0 78 0 0 0 966 53 619 173 784 46 668 70

BE 458 29 338 91 -3 -2 -1 0 -2 0 -2 0 -1 -2 1 0 23 335 20 329 0 309 20 49 23 26 0 129 29 29 71 116 0 0 0 35 0 35 0 81 0 0 0 574 29 338 91 410 21 369 20

CR 170 7 154 10 9 -3 13 -1 13 0 14 -1 -4 -3 -1 0 9 133 10 135 0 125 10 17 9 8 0 35 7 29 0 8 0 0 0 6 0 6 0 2 0 0 0 178 7 154 10 167 6 152 9

HU 55 8 47 0 -1 -2 1 0 3 0 3 0 -4 -2 -2 0 7 47 0 41 0 41 0 13 7 6 0 14 8 6 0 -2 0 0 0 1 0 1 0 -3 0 0 0 53 8 47 0 54 5 49 0

SK 41 2 34 6 -3 -2 -1 0 -0 0 -0 0 -3 -2 -1 0 3 36 0 33 0 33 0 6 3 3 0 8 2 1 6 6 0 0 0 1 0 1 0 5 0 0 0 47 2 34 6 37 1 36 0

BU 23 -2 9 17 -5 2 1 -8 -7 0 1 -8 2 2 -0 0 3 12 13 23 0 10 13 5 3 2 0 0 -2 -1 4 3 0 0 0 0 0 0 0 3 0 0 0 26 -2 9 17 23 5 13 5

IE 97 9 38 49 -2 -1 13 -14 -9 0 14 -23 7 -1 -1 9 9 36 50 35 0 29 6 60 9 7 44 62 9 9 43 -1 0 0 0 0 0 0 0 -1 0 0 0 96 9 38 49 93 8 49 36

TOTAL -5 54 599 93 -5 -8 26 -23 -2 0 30 -32 -3 -8 -4 9 54 599 93 596 0 547 49 150 54 52 44 0 0 0 0 0 0 0 0 43 0 43 0 0 0 0 0 -5 54 599 93 784 46 668 70

Retail 9 13 132 70 9 0 25 -16 2 0 27 -25 7 0 -2 9 13 132 70 137 0 111 26 78 13 21 44 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9 13 132 70 224 13 157 54



SME -124 8 311 23 -124 -3 -114 -7 -119 0 -112 -7 -5 -3 -2 0 8 311 23 322 0 299 23 20 8 12 -0 0 0 0 0 0 0 0 0 31 0 31 0 0 0 0 0 -124 8 311 23 249 5 228 16

Corporate 110 33 156 0 110 -5 115 -0 115 0 115 0 -5 -5 0 -0 33 156 0 137 0 137 0 52 33 19 0 0 0 0 0 0 0 0 0 12 0 12 0 0 0 0 0 110 33 156 0 311 28 283 0




OPTIMISTIC FIGURES




EUR m 150 100 50 100

KBC Group 146 200 52 86 484

By country

Belgium 90 136 42 17 284


Slovakia 10 12 2 6 30

Hungary 10 14 3 10 37

Bulgaria 1 1 1 2 5

Ireland 0 0 0 24 24

PESSIMISTIC FIGURES




EUR m 150 100 50 100

KBC Group 248 337 96 189 870

By country

Belgium 150 222 77 29 478


Slovakia 17 19 4 10 50

Hungary 17 25 5 22 69

Bulgaria 3 5 2 9 19

Ireland 0 0 0 68 68


BASE FIGURES




EUR m 150 100 50 100

KBC Group 175 244 68 124 611

By country

Belgium 111 167 55 21 354


Slovakia 10 13 3 8 34

Hungary 12 17 3 16 48

Bulgaria 2 4 1 7 14

Ireland 0 0 0 32 32

WEIGHTED FIGURES





KBC Group 484 611 870 696 44 44 167 93 789 746 43

By country

Belgium 285 355 478 393 20 20 20 20 413 378 35

Czech Republic 103 129 186 148 10 10 10 10 158 152 6

Slovakia 30 34 50 40 0 0 0 0 40 39 1

Hungary 37 48 69 55 0 0 0 0 55 54 1

Bulgaria 5 14 19 15 13 13 13 13 28 28 na

Ireland 24 32 68 45 1 1 124 50 95 95 na

WEIGHTED FIGURES





KBC Group 484 611 870 696 44 44 167 93 789 746 43 746 150 596

By country

Belgium 285 355 478 393 20 20 20 20 413 378 35 378 49 329

Czech Republic 103 129 186 148 10 10 10 10 158 152 6 152 17 135

Slovakia 30 34 50 40 0 0 0 0 40 39 1 39 6 33

Hungary 37 48 69 55 0 0 0 0 55 54 1 54 13 41

Bulgaria 5 14 19 15 13 13 13 13 28 28 na 28 5 23

Ireland 24 32 68 45 1 1 124 50 95 95 na 95 60 35


1Q 2020 1Q20 1H2020



TOTAL 121 8 48 65 43 0 43 0 43 0 43 0 78 8 5 65 0 121 0 0 0 43 0 43 0 78 0 0 0 242 8 48 65 86 0 86 0

of which

BE 116 6 42 69 35 0 35 0 35 0 35 0 81 6 7 69 116 0 0 0 35 0 35 0 81 0 0 0 232 6 42 69 70 0 70 0

CR 8 2 3 2 6 0 6 0 6 0 6 0 2 2 -3 2 8 0 0 0 6 0 6 0 2 0 0 0 16 2 3 2 12 0 12 0

HU -2 0 3 -4 1 0 1 0 1 0 1 0 -3 0 2 -4 -2 0 0 0 1 0 1 0 -3 0 0 0 -4 0 3 -4 2 0 2 0

SK 6 0 2 3 1 0 1 0 1 0 1 0 5 0 1 3 6 0 0 0 1 0 1 0 5 0 0 0 12 0 2 3 2 0 2 0

BU 3 0 0 3 0 0 0 0 0 0 0 0 3 0 0 3 3 0 0 0 0 0 0 0 3 0 0 0 6 0 0 3 0 0 0 0

IE -1 0 1 -3 0 0 0 0 0 0 0 0 -1 0 1 -3 -1 0 0 0 0 0 0 0 -1 0 0 0 -2 0 1 -3 0 0 0 0

2Q 2020 1Q20 1H2020



TOTAL 845 53 619 173 746 54 599 93 596 0 547 49 150 54 52 44 99 -1 20 80 0 121 0 0 0 43 0 43 0 78 0 0 0 966 53 619 173 789 54 642 93

of which

BE 458 29 338 91 378 23 335 20 329 0 309 20 49 23 26 0 80 6 3 71 116 0 0 0 35 0 35 0 81 0 0 0 574 29 338 91 413 23 370 20

CR 170 7 154 10 152 9 133 10 135 0 125 10 17 9 8 0 18 -2 21 0 8 0 0 0 6 0 6 0 2 0 0 0 178 7 154 10 158 9 139 10

HU 55 8 47 0 54 7 47 0 41 0 41 0 13 7 6 0 1 1 0 0 -2 0 0 0 1 0 1 0 -3 0 0 0 53 8 47 0 55 7 48 0

SK 41 2 34 6 39 3 36 0 33 0 33 0 6 3 3 0 2 -1 -2 6 6 0 0 0 1 0 1 0 5 0 0 0 47 2 34 6 40 3 37 0

BU 23 -2 9 17 28 3 12 13 23 0 10 13 5 3 2 0 -5 -5 -3 4 3 0 0 0 0 0 0 0 3 0 0 0 26 -2 9 17 28 3 12 13

IE 97 9 38 49 95 9 36 50 35 0 29 6 60 9 7 44 2 0 2 -1 -1 0 0 0 0 0 0 0 -1 0 0 0 96 9 38 49 95 9 36 50

7 81 12




TOTAL 52 6 36 10 -5 -8 26 -23 -2 0 30 -32 -3 -8 -4 9 57 14 10 33 0 121 0 0 0 43 0 43 0 78 0 0 0 173 6 36 10 38 -8 69 -23

of which

BE 41 12 11 18 -3 -2 -1 0 -2 0 -2 0 -1 -2 1 0 44 14 12 18 116 0 0 0 35 0 35 0 81 0 0 0 157 12 11 18 32 -2 34 0

CR 15 -6 12 9 9 -3 13 -1 13 0 14 -1 -4 -3 -1 0 6 -3 -1 10 8 0 0 0 6 0 6 0 2 0 0 0 23 -6 12 9 15 -3 19 -1

HU -3 -1 2 -4 -1 -2 1 0 3 0 3 0 -4 -2 -2 0 -2 1 1 -4 -2 0 0 0 1 0 1 0 -3 0 0 0 -5 -1 2 -4 0 -2 2 0

SK -5 -2 -3 0 -3 -2 -1 0 -0 0 -0 0 -3 -2 -1 0 -2 -0 -2 0 6 0 0 0 1 0 1 0 5 0 0 0 1 -2 -3 0 -2 -2 -0 0

BU 2 2 2 -1 -5 2 1 -8 -7 0 1 -8 2 2 -0 0 7 0 1 7 3 0 0 0 0 0 0 0 3 0 0 0 5 2 2 -1 -5 2 1 -8

IE 0 0 13 -14 -2 -1 13 -14 -9 0 14 -23 7 -1 -1 9 2 1 -0 0 -1 0 0 0 0 0 0 0 -1 0 0 0 -1 0 13 -14 -2 -1 13 -14






TOTAL 0 746 0 653 93 CR 0 0 0 0 135 0 125 10 0 0 0 0 0 0 0 0 6 0 6 0 0 0 0 0

BE 0 378 0 358 20 HU 0 0 0 0 41 0 41 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0

CR 0 152 0 142 10 SK 0 0 0 0 33 0 33 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0

HU 0 54 0 54 0 BU 0 0 0 0 23 0 10 13 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

SK 0 39 0 39 0 IE 0 0 0 0 35 0 29 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

BU 0 28 0 15 13

IE 0 95 0 45 50 TOTAL 0 0 0 0 596 0 547 49 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Retail 0 0 0 0 137 0 111 26 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0





SME 0 361 0 338 23

Corporate 0 170 0 170 0


WEIGHTED FIGURES



2Q 2020 1Q20 1H2020



TOTAL 845 53 619 173 746 54 599 93 596 0 547 49 150 54 52 44 248 53 73 124 0 121 0 0 0 43 0 43 0 78 0 0 0 966 53 619 173 789 54 642 93

BE 458 29 338 91 378 23 335 20 329 0 309 20 49 23 26 0 129 29 29 71 116 0 0 0 35 0 35 0 81 0 0 0 574 29 338 91 413 23 370 20

CR 170 7 154 10 152 9 133 10 135 0 125 10 17 9 8 0 35 7 29 0 8 0 0 0 6 0 6 0 2 0 0 0 178 7 154 10 158 9 139 10

HU 55 8 47 0 54 7 47 0 41 0 41 0 13 7 6 0 14 8 6 0 -2 0 0 0 1 0 1 0 -3 0 0 0 53 8 47 0 55 7 48 0

SK 41 2 34 6 39 3 36 0 33 0 33 0 6 3 3 0 8 2 1 6 6 0 0 0 1 0 1 0 5 0 0 0 47 2 34 6 40 3 37 0

BU 23 -2 9 17 28 3 12 13 23 0 10 13 5 3 2 0 0 -2 -1 4 3 0 0 0 0 0 0 0 3 0 0 0 26 -2 9 17 28 3 12 13

IE 97 9 38 49 95 9 36 50 35 0 29 6 60 9 7 44 62 9 9 43 -1 0 0 0 0 0 0 0 -1 0 0 0 96 9 38 49 95 9 36 50

TOTAL 746 54 599 93 746 54 599 93 596 0 547 49 150 54 52 44 0 0 0 0 0 0 0 0 43 0 43 0 0 0 0 0 746 54 599 93 789 54 642 93

Retail 215 13 132 70 215 13 132 70 137 0 111 26 78 13 21 44 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 215 13 132 70 215 13 132 70



SME 342 8 311 23 342 8 311 23 322 0 299 23 20 8 12 -0 0 0 0 0 0 0 0 0 31 0 31 0 0 0 0 0 342 8 311 23 373 8 342 23

Corporate 189 33 156 0 189 33 156 0 137 0 137 0 52 33 19 0 0 0 0 0 0 0 0 0 12 0 12 0 0 0 0 0 189 33 156 0 201 33 168 0



458 ok


1Q2020 2Q2020 3Q2020 9M20 9M20




BE 35 0 35 0 378 23 335 20 329 0 309 20 49 23 26 0 -3 -2 -1 0 -2 0 -2 0 -1 -2 1 0 410 21 369 20 362 48 31 33 36

CR 6 0 6 0 152 9 133 10 135 0 125 10 17 9 8 0 9 -3 13 -1 13 0 14 -1 -4 -3 -1 0 167 6 152 9 154 13

HU 1 0 1 0 54 7 47 0 41 0 41 0 13 7 6 0 -1 -2 1 0 3 0 3 0 -4 -2 -2 0 54 5 49 0 45 9

SK 1 0 1 0 39 3 36 0 33 0 33 0 6 3 3 0 -3 -2 -1 0 -0 0 -0 0 -3 -2 -1 0 37 1 36 0 34 3

BU 0 0 0 0 28 3 12 13 23 0 10 13 5 3 2 0 -5 2 1 -8 -7 0 1 -8 2 2 -0 0 23 5 13 5 16 7

IE 0 0 0 0 95 9 36 50 35 0 29 6 60 9 7 44 -2 -1 13 -14 -9 0 14 -23 7 -1 -1 9 93 8 49 36 26 67

TOTAL 43 0 43 0 746 54 599 93 596 0 547 49 150 54 52 44 -5 -8 26 -23 -2 0 30 -32 -3 -8 -4 9 784 46 668 70 637 147

Retail 0 0 0 0 215 13 132 70 137 0 111 26 78 13 21 44 9 0 25 -16 2 0 27 -25 7 0 -2 9 224 13 157 54 139 85

mortgages 0 0 0 0 164 13 82 69 88 0 63 25 76 13 19 44 8 0 25 -17 -1 0 25 -26 9 0 -0 9 172 13 107 52 87 86

consumer fin 0 0 0 0 51 0 50 1 49 0 48 1 2 0 2 0 1 -0 -0 1 3 0 2 1 -2 -0 -2 -0 52 -0 50 2 52 0

SME 31 0 31 0 342 8 311 23 322 0 299 23 20 8 12 -0 -124 -3 -114 -7 -119 0 -112 -7 -5 -3 -2 0 249 5 228 16 234 15

Corporate 12 0 12 0 189 33 156 0 137 0 137 0 52 33 19 0 110 -5 115 -0 115 0 115 0 -5 -5 0 -0 311 28 283 0 264 47

Stage 0 100 0 0 7 80 12 6 85 9





KBC Group 471 621 908 714 70 784 -5 746 43

By country

Belgium 300 366 450 390 20 410 -3 378 35

Czech Republic 95 143 198 158 9 167 9 152 6

Slovakia 23 30 50 37 0 37 -3 39 1

Hungary 24 38 82 54 0 54 -1 54 1

Bulgaria 7 16 25 18 5 23 -5 28 na

Ireland 22 28 103 57 36 93 -2 95 na

versus 6M20 484 611 870 696 93 789




KBC Group 484 611 870 696 93 789

By country

Belgium 285 355 478 393 20 413

Czech Republic 103 129 186 148 10 158

Slovakia 30 34 50 40 0 40

Hungary 37 48 69 55 0 55

Bulgaria 5 14 19 15 13 28

Ireland 24 32 68 45 50 95




KBC Group -13 10 38 18 -23 -5

By country

Belgium 15 11 -28 -3 0 -3


Slovakia -7 -4 -0 -3 0 -3

Hungary -13 -10 13 -1 0 -1

Bulgaria 2 2 6 4 -8 -5

Ireland -2 -4 35 12 -14 -2





EUR m 150 100 50 EUR m 150 100 50




DIFF qoq 50 -40 -7 7 9







Belgium 300 366 450 390 20 410 -3 378 35 Belgium 285 355 478 393 20 413 378 35



Hungary 24 38 82 54 0 54 -1 54 1 Hungary 37 48 69 55 0 55 54 1



TOTAL 707 2795 3632 713

714

Belgium 450 1646 1799 3895018


Slovakia 34 135 199 37

Hungary 37 172 327 54

Bulgaria 10 71 101 18

Ireland 33 124 414 57

707 2795 3632 7133

714




EUR m 150 100 50

9M20




6M20




Delta 9M20 vs 6M20







S2 15805019184 22760171724 6955152540

S3 5645003706 7679235928 2034232221 112





Current scenario


Stage 1 8540 153166 200 013

Stage 2 1130 20176 921 456

Stage 3 340 6024 2696 4475

Total 100 179366 3817




Stage 1 7930 142237 200 014

Stage 2 1630 29237 921 315

Stage 3 440 7892 2696 3416

Total 100 179366 3817

2Q2020




S2 15805019184 22760171724 6955152540

S3 5645003706 7679235928 2034232221 112

3Q2020




S2 16715664663 22479425459 5763760796

S3 6236744126 8486799696 2250055570 13 From S1ampS2-gt S3

Current scenario


Stage 1 8540 153166 200 013

Stage 2 1130 20176 921 456

Stage 3 340 6024 2696 4475

Total 100 179366 3817




Stage 1 7930 142237 200 014

Stage 2 1630 29237 921 315

Stage 3 440 7892 2696 3416

Total 100 179366 3817








28 services 18022651753 3219536638 18 9036306768 50 5766808347 32 16514669782 2902176805 18 8307768647 50 5304724330 32 1116590805 239620721 21 511267464 46 365702621 33 280315566 70736719 25 142021358 51 67557489 24 111075599 7002392 6 75249300 68 28823907 26 0

21 distibution 11733410419 4744785205 40 3008640897 26 3979984317 34 8978653306 3829397262 43 2290642777 26 2858613267 32 1861275772 688298890 37 524272096 28 648704786 35 509657672 119159725 23 122514867 24 267983080 53 383823670 107929329 28 71211157 19 204683184 53 0

NEW 3Q 27 real estate 11894058273 3128110453 26 7414413226 62 1351534594 11 8600865196 2251324338 26 5199885084 60 1149655774 13 2237035423 520092891 23 1552854344 69 164088188 7 505961547 179200885 35 302011420 60 24749243 5 549725972 177100094 32 359584489 65 13041390 2 470134 392245 83 77890 17 0



NEW 3Q 10 automotive 4258374704 3455755362 81 802619342 19 0 0 2402118699 1982035093 83 420083606 17 0 0 1285856394 1032657597 80 253198797 20 0 0 271340392 244320814 90 27019578 10 0 0 299059218 196741858 66 102317361 34 0 0 0

13 food producers 2939245018 0 0 509342438 17 2429902580 83 2502824569 0 0 495808013 20 2007016556 80 168945121 0 0 9328521 6 159616599 94 211531211 0 0 2685078 1 208846133 99 55944118 0 0 1520826 3 54423292 97 0

3 electricity 2800851831 0 0 2800851831 100 0 0 1904319288 0 0 1904319288 100 0 0 313147066 0 0 313147066 100 0 0 305187645 0 0 305187645 100 0 0 278197832 0 0 278197832 100 0 0 0

NEW 3Q 6 metals 2425052155 1846067276 76 510046483 21 68938395 3 1725196947 1344913633 78 348639081 20 31644233 2 491138614 322187656 66 134067955 27 34883003 7 113432892 96110265 85 14911468 13 2411159 2 95283701 82855721 87 12427980 13 0 0 0

NEW 3Q 5 chemicals 2262624218 832709 0 1764062608 78 497728901 22 1830496419 832709 0 1383983577 76 445680134 24 178404295 0 0 154718787 87 23685508 13 204517117 0 0 176296061 86 28221056 14 49206386 0 0 49064183 100 142203 0 0


11 shipping 1566701514 1566701514 100 0 0 0 0 1550831094 1550831094 100 0 0 0 0 7182683 7182683 100 0 0 0 0 8478866 8478866 100 0 0 0 0 208871 208871 100 0 0 0 0 0

23 horeca 1327077845 1327077845 100 0 0 0 0 1114169750 1114169750 100 0 0 0 0 145643074 145643074 100 0 0 0 0 58181775 58181775 100 0 0 0 0 9083247 9083247 100 0 0 0 0 0

22 traders 1012808458 309097398 31 671384002 66 32327059 3 888984720 238713410 27 620949417 70 29321893 3 84578635 61559324 73 22468262 27 551048 1 25103930 3865676 15 20902208 83 336046 1 14141174 4958988 35 7064115 50 2118072 15 0




Corporates lt 05


14 beverages 590058725 0 0 587706928 100 2351798 0 319572326 0 0 318302046 100 1270280 0 246039846 0 0 245830777 100 209069 0 17020124 0 0 16147675 95 872449 5 7426429 0 0 7426429 100 0 0 0

4 water 556195915 0 0 0 0 556195915 100 247217462 0 0 0 0 247217462 100 79531309 0 0 0 0 79531309 100 96710361 0 0 0 0 96710361 100 132736782 0 0 0 0 132736782 100 0

18 paper amp pulp 324243316 0 0 2401493 1 321841823 99 257633391 0 0 2320373 1 255313018 99 35458901 0 0 81120 0 35377781 100 25863186 0 0 0 0 25863186 100 5287838 0 0 0 0 5287838 100 0

NEW 3Q 19 media 496287439 5831199 1 462497954 93 27958286 6 312184066 4925680 2 301671619 97 5586767 2 155702775 119905 0 133257388 86 22325481 14 7623389 785614 10 6791738 89 46038 1 20777209 0 0 20777209 100 0 0 0

24 telecom 402989688 0 0 0 0 402989688 100 196559277 0 0 0 0 196559277 100 135167412 0 0 0 0 135167412 100 11246828 0 0 0 0 11246828 100 60016171 0 0 0 0 60016171 100 0

12 aviation 340719009 340719009 100 0 0 0 0 221856910 221856910 100 0 0 0 0 39698022 39698022 100 0 0 0 0 78974801 78974801 100 0 0 0 0 189276 189276 100 0 0 0 0 0


NEW 3Q 8 IT 320269316 85443678 27 233512805 73 1312834 0 268759183 73319817 27 194140951 72 1298415 0 32643338 3324021 10 29305024 90 14293 0 5090436 1661549 33 3428762 67 125 0 13776359 7138290 52 6638068 48 0 0 0

15 tobacco 29688 0 0 0 0 29688 100 29688 0 0 0 0 29688 100 0 0 0 0 0 0 0 0 0 0 0 0 0

31 sector unknown 1296764966 -0 -0 1296764966 100 0 0 780910398 0 0 780910398 100 0 0 477868209 -0 -0 477868209 100 0 0 5887271 -0 -0 5887271 100 0 0 32099088 0 0 32099088 100 0 0 0

33120 33120 33120 33120 33120 33120 33120 33120 33120 33120 63020 63020 63020 63020 63020 33120 33120 33120 33120 33120


31Dec2019 31Mar2020 30Jun2020 30Sep2020












SMECORP S_6 6 metals 2466 14 1599 657 211 2683 15 1815 664 204 2640 15 1734 655 251 2582 14 1711 738 133 -106115 -00 -23 83 -118




SMECORP S_23 23 horeca 1228 07 914 214 101 1236 07 883 253 101 1283 07 837 342 104 1282 07 892 324 66 -106115 00 54 -18 -38





Corporates lt 05



SMECORP S_4 4 water 451 03 413 36 2 451 03 417 33 1 509 03 475 32 1 487 03 451 35 1 -106115 -00 -24 2 -0


SMECORP S_19 19 media 467 03 416 40 11 427 02 363 54 10 502 03 458 36 8 509 03 467 35 7 -106115 00 9 -1 -1




SMECORP S_8 8 IT 281 02 226 51 5 283 02 229 49 5 302 02 237 60 5 282 02 225 52 5 -106115 -00 -12 -9 0













10 automotive 4583 3723 812 35 860 188 08 0 00 00 4634 26 -51 1000 0 26

13 food producers 3042 0 00 00 559 184 05 2483 816 23 3010 17 32 1000 0 17

3 electricity 2729 0 00 00 2729 1000 26 0 00 00 2787 16 -58 1000 0 15

6 metals 2640 1510 572 14 1046 396 10 84 32 01 2683 15 -43 1000 0 15

5 chemicals 2448 1 00 00 2074 847 20 373 152 04 2430 14 17 1000 0 14




22 traders 873 262 300 02 596 683 06 14 16 00 1109 06 -237 1000 0 05




Corporates lt 05


14 beverages 717 0 00 00 714 995 07 3 05 00 685 04 32 1000

4 water 509 0 00 00 0 00 00 509 1000 05 451 03 58 1000

18 paper amp pulp 424 0 00 00 3 08 00 421 992 04 441 02 -17 1000

19 media 502 6 11 00 464 925 04 32 64 00 427 02 75 1000

24 telecom 408 0 00 00 0 00 00 408 1000 04 400 02 8 1000

12 aviation 345 345 1000 03 0 00 00 0 00 00 356 02 289 81 03 -11 1000


8 IT 302 99 329 01 203 671 02 0 01 00 283 02 20 1000

15 tobacco 0 0 00 00 0 00 00 0 1000 00 0 00 -0 1000

31 sector unknown 1211 0 00 00 1211 1000 11 -0 -00 -00 1196 07 15 1000

TOT SECTORS 84123 21229 252 47245 562 15649 186


Authorities 6366 0 00 00 0 00 6366 1000 60 6567 -201

Retail 73251 71976 1275







Metals 572 396 32









Retail 78102 70357 5522 2223 76695 69064 5342 2288 1408 1293 180 -65




Corporate 94610 96170 -1560


Retail 73251 65853 5170 2228 71976 64679 5005 2291 1275 1174 165 -64




Corporate 67740 69806 -2065

Undrawn 41867 15813 26076 -22 40679 15081 25593 5 1188 732 484 -28

Retail 4851 4504 352 -5 4719 4385 337 -3 133 119 15 -1


Corporate 26870 26364 505


Retail 41 37 3 1 40 36 3 1



SME 21 49 8 2 21 50 8 2

Corporate 38 0 0 0 39 0 0 0





SMECORP of which 107726 5568 52 106115 21229 20 47245 45 37641 35 104421 23679 23 43299 41 37443 36 -1694






10 automotive 4634 4583 3723 812 35 860 188 08 0 00 00 4517 3666 812 35 851 188 08 0 00 00 -67 1000 -0

13 food producers 3010 3042 0 00 00 559 184 05 2483 816 23 3063 0 00 00 531 173 05 2532 827 24 21 1000 0

3 electricity 2787 2729 0 00 00 2729 1000 26 0 00 00 2788 0 00 00 2788 1000 27 0 00 00 60 1000 0

6 metals 2683 2640 1510 572 14 1046 396 10 84 32 01 2582 1965 761 19 543 210 05 73 28 01 -58 1000 -0

5 chemicals 2430 2448 1 00 00 2074 847 20 373 152 04 2440 1 00 00 1902 780 18 537 220 05 -8 1000 0




22 traders 1109 873 262 300 02 596 683 06 14 16 00 848 259 305 02 562 663 05 27 32 00 -25 1000 -0




Corporates lt 05


14 beverages 685 717 0 00 00 714 995 07 3 05 00 703 0 00 00 700 996 07 3 04 00 -14 1000 -0

4 water 451 509 0 00 00 0 00 00 509 1000 05 487 0 00 00 0 00 00 487 1000 05 -22 1000 0

18 paper amp pulp 441 424 0 00 00 3 08 00 421 992 04 404 0 00 00 3 07 00 401 993 04 -20 1000 0

19 media 427 502 6 11 00 464 925 04 32 64 00 509 6 12 00 474 932 05 29 56 00 7 1000 0

24 telecom 400 408 0 00 00 0 00 00 408 1000 04 343 0 00 00 0 00 00 343 1000 03 -65 1000 0

12 aviation 356 289 03 345 345 1000 03 0 00 00 0 00 00 333 333 1000 03 0 00 00 0 00 00 -13 1000 0


8 IT 283 302 99 329 01 203 671 02 0 01 00 282 75 267 01 205 729 02 1 04 00 -21 1000 -0

15 tobacco 0 0 0 00 00 0 00 00 0 1000 00 0 0 00 00 0 00 00 0 1000 00 0 1000 0

31 sector unknown 1196 1211 0 00 00 1211 1000 11 -0 -00 -00 1146 -0 -00 -00 1146 1000 11 0 00 00 -65 1000 0

TOT SECTORS 84123 21229 252 47245 562 15649 186 23679 252 43299 16040


Authorities 6567 6366 0 00 00 0 00 6366 1000 60 6455 0 00 00 0 00 00 6455 1000 62 89

Retail 71976 73251 73251 1275





Belgium 1169932 10350 1209 11559 4746 1256 6002 17562 840 411 1251

Czech Rep 310659 2744 464 3208 1443 541 1984 5192 362 271 633

Int Markets 278252 352 4280 4632 7481 5945 13426 18057 986 2355 3340

KBC IRL 100925 06 4136 4142 6798 4625 11423 15565 827 1542 2368

CSOB SR 84864 148 43 191 133 179 311 502 54 156 210

KampH 55552 30 36 67 103 253 356 423 47 240 287

Bulgaria 36910 168 64 232 447 888 1335 1567 58 417 475

Group 34813 - 0 435 435 438 223 661 1095 111 208 319

total 1793656 13446 6388 19834 14108 7964 22073 41907 2298 3245 5544


all 1793656 13446 6388 19834 14108 7964 22073 41907 2298 3245 5544

Private Persons 732508 1968 4475 6443 7582 5305 12887 19329 919 1919 2837



SME 383744 6189 893 7082 2329 1060 3389 10471 484 373 856

Corporate 677403 5290 1020 6309 4198 1600 5797 12107 895 954 1850









Ireland


all 100925 06 4136 4142 6798 4625 11423 15565 827 1542 2368

Private Persons 100306 06 4136 4142 6798 4594 11393 15535 827 1542 2368



SME 428 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0

Corporate 191 - 0 - 0 - 0 - 0 31 31 31 - 0 - 0 - 0

Hungary


all 55552 30 36 67 103 253 356 423 47 240 287

Private Persons 20179 30 29 60 52 182 234 294 23 169 192



SME 1537 - 0 00 00 - 0 - 0 - 0 00 - 0 - 0 - 0

Corporate 33837 - 0 07 07 51 71 122 129 24 71 95


Stage 3 123117 33118 63018 93018 13118 1518 123119 33120 63020 93020 123119 33120 63020 93020





SME SME 459 459 457 443 SME 533 523 554 530






SME SME 30 30 32 SME 1160 1140 1212 1197


Stage 2 123119 33120 63020 93020 123119 33120 63020 93020





SME SMECORP SME SME


all all







all all

Stage 1 123119 33120 63020 93020 123119 33120 63020 93020





SME SMECORP SME SME


all all









Corporate


of total loans 351 350 348 346 370 384 381 375 377 367 379 365 388 378 369




Cover ratios 581 568 570 538 569 580 553 482 487 509 507 503 549 543 573

SME

SME loans (m EUR) 34089 35434 35378 35970 36661 37101 36968 37155 37336 37871 37807 38173 37921 38374 38496

of total loans 230 232 231 233 226 222 222 225 225 219 214 218 211 214 215




Cover ratios 487 542 537 528 512 520 513 496 502 481 477 459 459 457 443

Private Persons


of total loans 420 418 421 421 404 394 397 399 398 413 407 417 401 408 416




Cover ratios 375 377 384 332 397 391 395 397 402 309 301 305 296 332 322


of total loans 398 393 396 396 379 369 372 373 372 382 375 385 370 378 385




Cover ratios 367 364 367 320 386 380 384 384 387 283 273 278 268 305 296


of total loans 22 25 25 25 25 25 26 26 26 31 31 32 30 31 31




Cover ratios 750 700 808 722 755 736 753 719 740 679 682 676 664 670 659

TOTAL

Total loans 148387 152864 153339 154160 162546 166949 166822 164824 166055 172776 176553 175431 179702 179366 178883


of total loans 68 69 66 60 59 55 55 43 43 37 35 35 33 34 32


Cover ratios 466 473 475 440 478 480 472 448 453 422 420 420 434 448 452



123109 na na na na na 54 123109 0 0 0 166517 123109 0 0 0 8982

123110 38 na na 57 103 67 123110 69073 30053 65121 164247 123110 2653 1725 6704 11082

123111 52 na na 52 99 71 123111 64581 28983 65304 158868 123111 3367 1521 6436 11324

123112 62 na na 50 108 77 123112 60445 29933 56758 147135 123112 3767 1486 6141 11394

123113 114 116 63 53 122 102 123113 56583 54003 2579 32029 49068 137679 123113 6449 6286 163 1687 5972 14108

123114 117 120 57 49 109 99 123114 58192 55676 2517 32089 48649 138931 123114 6808 6664 144 1569 5315 13692

123115 100 102 51 43 98 86 123115 60147 57385 2763 33314 49939 143400 123115 5988 5848 140 1427 4890 12305

123116 84 87 35 38 79 72 123116 62365 59174 3191 34102 51058 147526 123116 5268 5155 113 1294 4021 10583

123117 67 69 33 39 65 60 123117 64919 61000 3919 35970 53271 154160 123117 4322 4192 130 1388 3476 9186


123118 47 48 29 33 46 43 123118 65814 61508 4306 37155 61856 164824 123118 3071 2948 124 1243 2836 7151

123119 32 32 29 30 41 35 123119 73146 67540 5606 38173 64112 175431 123119 2344 2184 160 1160 2656 6160

63020 30 30 29 32 38 34 63020 73251 67748 5503 38374 67740 179366 63020 2228 2066 162 1212 2584 6024

93020 29 29 27 31 36 32 93020 74462 68890 5572 38496 65925 178883 93020 2126 1973 153 1197 2380 5702








123109 na na na na na 38 123109 0 0 0 85269 123109 0 0 0 3242

123110 06 na na 44 71 42 123110 28292 23539 32920 84752 123110 169 1037 2346 3552

123111 07 na na 43 77 44 123111 30657 24558 33990 89205 123111 205 1051 2627 3883

123112 07 na na 43 84 44 123112 32008 25438 31535 88981 123112 214 1106 2633 3953

123113 07 06 35 49 92 47 123113 32263 31062 1201 27493 27158 86913 123113 227 185 42 1343 2502 4072

123114 07 06 30 46 82 43 123114 33337 32276 1060 27232 28492 89060 123114 235 204 32 1251 2340 3826

123115 06 06 27 40 72 38 123115 34382 33284 1098 28025 30406 92813 123115 221 192 29 1124 2203 3549

123116 06 05 20 35 60 33 123116 35286 33890 1396 28847 31511 95644 123116 204 177 27 1006 1900 3111

123117 05 05 16 29 51 28 123117 35159 33668 1491 29183 33463 97805 123117 184 160 24 838 1696 2718

31xx2017 05 05 16 29 44 27 31xx2017 35205 33717 1488 29572 39360 104138 31xx2017 185 160 24 849 1744 2778

123118 05 04 16 26 43 26 123118 35586 33911 1675 30321 42572 108479 123118 177 150 26 791 1816 2784

123119 04 04 10 25 39 24 123119 37001 35304 1697 31068 44323 112392 123119 152 135 17 788 1740 2680

63020 05 05 10 27 36 24 63020 37437 35790 1647 31437 48120 116993 63020 182 165 17 838 1730 2750

93020 05 04 10 27 34 22 93020 38351 36679 1672 31598 46561 116510 93020 177 161 16 857 1566 2600



123109 na na na na na 42 123109 0 0 0 17954 123109 0 0 0 757

123110 35 na na 98 56 53 123110 9299 3413 5623 18334 123110 329 335 314 979

123111 40 na na 83 42 48 123111 9697 3293 6323 19314 123111 384 275 263 922

123112 38 na na 73 41 45 123112 10723 3516 6545 20785 123112 410 255 269 935

123113 41 38 75 69 31 43 123113 7880 7190 690 3382 6454 17716 123113 323 271 52 234 198 755

123114 40 38 64 57 24 38 123114 8431 7682 749 3581 6762 18775 123114 339 291 48 204 163 706

123115 34 31 58 54 25 34 123115 9276 8479 797 3903 7221 20401 123115 312 266 46 213 177 701

123116 25 23 42 49 21 28 123116 10345 9405 941 4063 7472 21880 123116 259 219 39 198 159 616

123117 18 17 33 44 20 24 123117 12093 10944 1149 4702 7553 24348 123117 219 182 37 205 151 576

31xx2017 19 17 38 46 18 24 31xx2017 12098 10944 1154 4770 8188 25056 31xx2017 225 182 43 219 151 595

123118 15 13 33 44 29 24 123118 12963 11691 1273 4750 8005 25718 123118 190 148 41 207 232 628

123119 17 14 39 37 25 23 123119 18524 16196 2327 4934 8867 32325 123119 320 229 91 185 225 729

63020 16 13 41 38 26 22 63020 17940 15745 2195 4722 8405 31066 63020 294 203 90 178 218 690

93020 16 12 39 36 25 21 93020 17888 15733 2155 4636 8258 30781 93020 280 195 85 168 207 654



123109 na na na na na 55 123109 0 0 0 3734 123109 0 0 0 205

123110 57 na na 108 35 61 123110 1427 955 1489 3872 123110 82 103 52 237

123111 46 na na 71 48 49 123111 1639 301 2458 4399 123111 76 21 119 216

123112 35 na na 66 40 40 123112 1835 334 2329 4499 123112 63 22 94 179

123113 31 29 40 48 67 48 123113 2093 1735 359 588 1954 4635 123113 65 51 15 29 130 224

123114 29 27 41 48 56 43 123114 2377 1979 397 576 2113 5065 123114 69 53 16 28 119 215

123115 28 22 52 46 43 37 123115 2790 2219 571 651 2604 6045 123115 78 49 30 30 112 221

123116 22 16 51 43 37 31 123116 3265 2727 538 785 2717 6767 123116 72 45 28 34 101 207

123117 19 14 47 43 31 26 123117 3596 3122 473 853 2858 7307 123117 67 45 22 36 88 191

31xx2017 20 14 59 45 32 28 31xx2017 3606 3127 480 842 2868 7316 31xx2017 72 43 28 38 93 202

123118 13 09 38 40 24 20 123118 3907 3404 503 915 3011 7833 123118 49 30 19 36 71 157

123119 10 07 30 36 22 17 123119 4214 3706 508 962 3039 8215 123119 40 25 15 35 66 141

63020 10 07 34 59 26 21 63020 4406 3914 492 976 3105 8486 63020 44 27 17 58 79 181

93020 08 05 26 47 23 18 93020 4546 4053 492 990 3062 8598 93020 35 22 13 47 69 151



123109 na na na na na 81 123109 0 0 0 6765 123109 0 0 0 550

123110 106 na na 136 124 116 123110 3079 476 3159 6715 123110 325 65 392 782

123111 151 na na 211 91 123 123111 2674 225 2849 5747 123111 403 47 259 709

123112 170 na na 96 90 123 123112 2104 408 2608 5120 123112 357 39 234 630

123113 276 279 244 72 78 154 123113 1960 1769 191 405 2714 5080 123113 540 494 46 29 210 780

123114 265 267 242 65 58 135 123114 1892 1731 161 512 2685 5089 123114 502 463 39 33 154 689

123115 256 260 212 37 49 126 123115 1715 1574 140 530 2297 4542 123115 439 410 30 19 113 572

123116 188 196 96 74 27 91 123116 1764 1627 137 158 2650 4572 123116 332 319 13 12 73 416

123117 139 148 46 33 20 65 123117 1859 1695 164 169 2944 4973 123117 258 251 7 6 59 323

31xx2017 160 170 46 33 20 74 31xx2017 1910 1745 165 169 2944 5023 31xx2017 305 297 8 6 59 370

123118 76 83 24 32 16 38 123118 1826 1632 193 171 3155 5151 123118 139 135 5 5 51 196

123119 47 55 11 30 16 28 123119 2008 1635 373 163 3272 5442 123119 94 90 4 5 54 153

63020 44 53 09 26 10 22 63020 2018 1576 442 154 3384 5555 63020 88 84 4 4 32 124

93020 33 41 08 25 09 18 93020 2082 1591 491 150 3462 5694 93020 69 65 4 4 30 103



123109 na na na na na 260 123109 0 0 0 756 123109 0 0 0 196

123110 87 na na 439 592 397 123110 232 174 333 739 123110 20 76 197 293

123111 110 na na 456 577 390 123111 240 167 299 705 123111 26 76 172 275

123112 91 na na 358 638 381 123112 250 161 295 706 123112 23 57 188 269

123113 78 117 42 325 465 301 123113 258 122 137 161 327 747 123113 20 14 6 52 152 225

123114 85 129 44 283 454 281 123114 284 138 146 188 322 794 123114 24 18 6 53 146 223

123115 74 105 39 192 387 232 123115 309 161 147 186 364 858 123115 23 17 6 36 141 199

123116 58 81 31 176 259 162 123116 353 194 159 234 341 927 123116 21 16 5 41 88 150

123117 107 147 63 286 283 216 123117 1271 669 602 1049 968 3289 123117 136 98 38 300 274 710


123118 86 118 50 204 179 150 123118 1274 671 603 986 977 3237 123118 109 79 30 201 175 486

123119 76 102 46 144 108 106 123119 1351 719 632 1013 1165 3529 123119 103 74 29 146 126 375

63020 72 96 45 128 86 93 63020 1421 755 665 1043 1227 3691 63020 103 73 30 134 105 342

93020 68 90 44 113 80 85 93020 1478 780 698 1069 1202 3749 93020 101 70 31 120 96 318



123109 na na na na na 79 123109 0 0 0 18025 123109 0 0 0 1427

123110 86 na na 00 331 145 123110 13052 0 4111 17164 123110 1122 0 1360 2482

123111 152 na na 00 436 218 123111 12794 0 3896 16690 123111 1944 0 1698 3642

123112 214 na na 00 507 279 123112 12445 0 3517 15963 123112 2663 0 1784 4448

123113 435 435 00 00 644 478 123113 12125 12125 0 0 3155 15280 123113 5272 5272 0 0 2032 7304

123114 475 475 00 00 726 520 123114 11870 11870 0 0 2628 14498 123114 5636 5636 0 0 1908 7544

123115 421 421 08 281 744 473 123115 11676 11666 10 18 2233 13927 123115 4916 4915 0 5 1661 6581

123116 386 387 26 215 736 433 123116 11352 11332 20 15 1763 13130 123116 4381 4380 1 3 1298 5682

123117 316 317 31 187 672 350 123117 10941 10901 40 13 1174 12128 123117 3458 3457 1 2 789 4249


123118 235 236 39 158 100 230 123118 10257 10199 59 12 342 10612 123118 2408 2406 2 2 34 2444

123119 163 164 52 35 811 164 123119 10048 9979 69 33 24 10104 123119 1636 1632 4 1 19 1656

63020 151 152 66 26 421 151 63020 10031 9968 63 43 19 10093 63020 1517 1513 4 1 8 1527

93020 145 145 70 16 355 144 93020 10118 10053 65 53 10 10181 93020 1465 1460 5 1 3 1469



123109 na na na na na 77 123109 0 0 0 34013 123109 0 0 0 2604

123110 44 na na 72 117 84 123110 13691 1496 17486 32673 123110 605 108 2043 2756

123111 48 na na 116 84 74 123111 6880 439 15489 22809 123111 329 51 1298 1678

123112 33 na na 84 96 89 123112 1079 76 9810 10965 123112 36 6 938 980

123113 994 00 994 00 104 105 123113 2 0 2 0 7152 7155 123113 2 0 2 0 746 748

123114 1000 00 1000 00 86 86 123114 2 0 2 0 5648 5650 123114 2 0 2 0 486 488

123115 00 00 00 00 100 100 123115 0 0 0 0 4808 4808 123115 0 0 0 0 482 482

123116 00 00 00 00 88 88 123116 0 0 0 0 4587 4587 123116 0 0 0 0 401 401

123117 00 00 00 00 98 98 123117 0 0 0 0 4296 4296 123117 0 0 0 0 420 420


123118 00 00 00 00 120 120 123118 0 0 0 0 3794 3794 123118 0 0 0 0 457 457

123119 00 00 00 00 124 124 123119 0 0 0 0 3422 3422 123119 0 0 0 0 426 426

63020 00 00 00 00 118 118 63020 0 0 0 0 3481 3481 63020 0 0 0 0 411 411

93020 00 00 00 00 121 121 93020 0 0 0 0 3370 3370 93020 0 0 0 0 409 409


2010 2011 2012 2013 2014 2015 2016 2017

Private persons 38 52 62 114 117 100 84 72 47 32 30 29

BE 06 07 07 07 07 06 06 05 05 04 05 05

CZ 35 40 38 41 40 34 25 19 15 17 16 16

SK 57 46 35 31 29 28 22 20 13 10 10 08

HU 106 151 170 276 265 256 188 160 76 47 44 33

BG 87 110 91 78 85 74 58 100 86 76 72 68

IRL 86 152 214 435 475 421 386 336 235 163 151 145


BE na na na 06 06 06 05 05 04 04 05 04

CZ na na na 38 38 31 23 17 13 14 13 12

SK na na na 29 27 22 16 14 09 07 07 05

HU na na na 279 267 260 196 170 83 55 53 41

BG na na na 117 129 105 81 136 118 102 96 90

IRL na na na 435 475 421 387 337 236 164 152 145


BE na na na 35 30 27 20 16 16 10 10 10

CZ na na na 75 64 58 42 38 33 39 41 39

SK na na na 40 41 52 51 59 38 30 34 26

HU na na na 244 242 212 96 46 24 11 09 08

BG na na na 42 44 39 31 60 50 46 45 44

IRL na na na 00 00 08 26 31 39 52 66 70

SME 57 52 50 53 49 43 38 39 33 30 32 31

BE 44 43 43 49 46 40 35 29 26 25 27 27

CZ 98 83 73 69 57 54 49 46 44 37 38 36

SK 108 71 66 48 48 46 43 45 40 36 59 47

HU 136 211 96 72 65 37 74 33 32 30 26 25

BG 439 456 358 325 283 192 176 279 204 144 128 113

IRL 281 215 187 158 35 26 16

Corporate 103 99 108 122 109 98 79 63 46 41 34 36

BE 71 77 84 92 82 72 60 44 43 39 36 34

CZ 56 42 41 31 24 25 21 18 29 25 26 25

SK 35 48 40 67 56 43 37 32 24 22 26 23

HU 124 91 90 78 58 49 27 20 16 16 10 09

BG 592 577 638 465 454 387 259 264 179 108 86 80

IRL 331 436 507 644 726 744 736 694 100 811 421 355








Impairment -2993 -3026 -3817 -3728 89




Coverage ratio




Stage distribution












Impairment -4669 -4611 -3725 -3523 -3527 -3036 -2916 -2855 -2851 -3669 -3589 80





Coverage ratio





Stage distribution












Belgium 641 659 652 651




Total 1000 1000 100 100





Corporates 477 470 469 464





Corporates 837 845 841 830






Retail 78102 76695 1408



SME 48520 47516 1004

Corporate 94610 96170 -1560


Retail 73251 71976 1275



SME 38374 37921 454

Corporate 67740 69806 -2065

Undrawn 41867 15813 26076 -22 40679 15081 25593 5 1188 732 484 -28

Retail 4851 4719 133

SME 10146 9595 550

Corporate 26870 26364 505


Retail 41 0 0 0 40 0 0 0



SME 21 0 0 0 21 0 0 0

Corporate 38 0 0 0 39 0 0 0






Retail 78040 70226 5473 2341 76695 69064 5342 2288 78102 70357 5522 2223 79266 71699 5449 2119 1226 1472 -24 -222 1164 1342 -74 -104



SME 47636 113979 22566 3822 47516 100510 39538 3638 48520 115884 23468 3779 48603 36429 10998 1176 967 82

Corporate 92732 96170 94610 93737 77954 13397 2387 1006 -873

Undrawn 42977 34685 8289 3 40679 15081 25593 5 41867 33075 8815 -22 42723 33340 9404 -21 -254 -1345 1116 -24 856 265 589 1

Retail 4894 4473 424 -3 4719 4385 337 -3 4851 4504 352 -5 4804 4477 334 -7 -90 4 -90 -4 -47 -27 -18 -2

SME 9463 30212 7865 6 9595 10696 25256 8 10146 28571 8463 -18 10107 5740 4388 -21 644 -39

Corporate 28620 26364 26870 27812 23123 4683 7 -808 943


Retail 73146 65754 5049 2344 71976 64679 5005 2291 73251 65853 5170 2228 74462 67222 5114 2126 1316 1468 66 -218 1211 1369 -56 -102



SME 38173 83767 14702 3816 37921 89815 14282 3629 38374 87313 15005 3796 38496 30689 6610 1197 323 122

Corporate 64112 69806 67740 65925 54831 8715 2380 1813 -1815


Retail 42 37 3 1 40 36 3 1 41 37 3 1 42 38 3 1



SME 22 48 8 2 21 50 8 2 21 49 8 2 22 17 4 1







Retail 42 40 41 42



SME 22 21 21 22


	INFO (volume + number of requests)

	- payment holidays =gt zie GCRD

	- evolution of arrears =gt zie GCRD

	- government garanties =gt relatiebeheerders


	Toestand 32020 en 62020 + 72020


	Voorbeeld Payment holidays

Table 3 Management overlay (GCA) per segment


2Q 2020			1Q 2020

Management overlay per country and sector (GCA)			Management overlay per country and sector (GCA)

Sector Segment	SME	CORP	TOTAL Manag Overlay		Sector Country	SME	CORP	TOTAL Manag Overlay

TOTAL	0	0	0		TOTAL	2832	2735	5568

28 services		0		28 services	306	439	745

21 distibution		0		21 distibution	1584	636	2220

27 real estate		0		27 real estate		0

20 building amp construction		0		20 building amp construction		0

1 agriculture farming fishing		0		1 agriculture farming fishing		0

10 automotive		0		10 automotive		0

13 food producers		0		13 food producers		0

3 electricity		0		3 electricity		0

6 metals		0		6 metals		0

5 chemicals		0		5 chemicals		0

7 machinery amp heavy equipment		0		7 machinery amp heavy equipment		0

11 shipping		0		11 shipping	196	1072	1268

23 horeca		0		23 horeca	731	315	1046

22 traders		0		22 traders		0

2 oil gas amp other fuels		0		2 oil gas amp other fuels		0

16 textile amp apparel		0		16 textile amp apparel		0

9 electrotechnics		0		9 electrotechnics		0

Corporates lt 05			Corporates lt 05

17 timber amp wooden furniture		0		17 timber amp wooden furniture		0

14 beverages		0		14 beverages		0

4 water		0		4 water		0

18 paper amp pulp		0		18 paper amp pulp		0

19 media		0		19 media		0

24 telecom		0		24 telecom		0

12 aviation		0		12 aviation	16	274	290

25 consumer products		0		25 consumer products		0

8 IT		0		8 IT		0

15 tobacco		0		15 tobacco		0

31 sector unknown		0		31 sector unknown		0

Guidance	at 100	but at weight

Optimistic	800	15	120

Base	1100	45	495

Pessimistic	1600	40	640

WEIGHTED GUIDANCE		1255


	Performing portfolio					Non-Performing portfolio				Total 1H20			Total2Q20

	Optimistic		Base		Pessimistic		Probability					2Q20		1Q20		Normal process		Of which overlay 2Q20		1Q20

EUR m		15		45		40		weigthed

KBC Group		484		611		870		696	44		44	167		93	789		746		43		746	150	596	43

By country

Belgium		285		355		478		393	20		20	20		20	413		378		35		378	49	329	35

Czech Republic		103		129		186		148	10		10	10		10	158		152		6		152	17	135	6

Slovakia		30		34		50		40	0		0	0		0	40		39		1		39	6	33	1

Hungary		37		48		69		55	0		0	0		0	55		54		1		54	13	41	1

Bulgaria		5		14		19		15	13		13	13		13	28		28		na		28	5	23	na

Ireland		24		32		68		45	1		1	124		50	95		95		na		95	60	35	na


Simulatie guidance

base		789		ECL - performing

	354		actuals 177 2

	1143		vs 11 bn


optimistic		484		ECL - performing

		93		ECL - non performing

	177		Actuals

	754		vs 08 bn


pessimistic		870		ECL - performing

	93		ECL - non performing

	354		actuals 177 2			will be more severed triggered in a pessimistic scenario

	1317		vs 16 bn

		NPL and coverage ratio per segment		63020							63020		33120		123119			63020	63020	33120		123119

		Stage 3		30062020Incl manag Overlay		30062020excl man overlay		33120		123119			30062020Incl manag Overlay		30062020excl man overlay		33120	123119		30062020Incl manag Overlay		30062020man overlay		33120		123119

all			Coverage ratio		448		440		434		420		stage 3 impairments		2696		2649	2568	2584		stage 3 impairments			471

Private Persons			Retail		332		320		296		305		Retail		739		714	678	715		Retail			256

Private Persons - mortgages			of which mortgages		305		294		268		278		of which mortgages		631		606	570	607		of which mortgages			246

Private Persons - non-mortgage			of which consumer finance		670		664		664		676		of which consumer finance		108		107	107	108		of which consumer finance			1

SME			SME		457		440		459		459		SME		554		533	523	533		SME			215

Corporate			Corporate		543		543		549		503		Corporate		1402		1402	1367	1336		Corporate			0


all			NPL		34		34		33		35		Stage 3 outstandings		6024		6024	5921	6160		all outstandings		179366		179366		179702	175431

Private Persons			Retail		30		30		32		32		Retail		2228		2228	2291	2344		Retail		73251		73251		71976	73146

Private Persons - mortgages			of which mortgages		30		30		32		32		of which mortgages		2066		2066	2129	2184		of which mortgages		67748		67748		66525	67540

Private Persons - non-mortgage			of which consumer finance		29		29		30		29		of which consumer finance		162		162	162	160		of which consumer finance		5503		5503		5451	5606

SME			SME		32		32		30		30		SME		1212		1212	1140	1160		SME		38374		38374		37921	38173

Corporate			Corporate		38		38		36		41		Corporate		2584		2584	2489	2656		Corporate		67740		67740		69806	64112


		Stage 2		30062020Incl manag Overlay		30062020excl man overlay		33120		123119			30062020Incl manag Overlay		30062020excl man overlay		33120	123119

all	all			Coverage ratio - stage 2							stage 2 impairments

Private Persons	Private Persons			Retail							Retail

Private Persons - mortgages	Private Persons - mortgages			of which mortgages							of which mortgages

Private Persons - non-mortgage	Private Persons - other			of which consumer finance							of which consumer finance

SME	SMECORP			SME							SME

Corporate			Corporate							Corporate

all	all

all	all			Stage 2		112		112				Stage 2 outstandings		20176		20176			all outstandings	179366		179366		179702		175431

Private Persons	Private Persons			Retail		71		71				Retail		5170		5170			Retail	73251		73251		71976		73146

Private Persons - mortgages	Private Persons - mortgages			of which mortgages		70		70				of which mortgages		4726		4726			of which mortgages	67748		67748		66525		67540

Private Persons - non-mortgage	Private Persons - other			of which consumer finance		81		81				of which consumer finance		444		444			of which consumer finance	5503		5503		5451		5606

SME	SMECORP			SME		141		141				SME		15005		15005			SME	38374		38374		37921		38173

Corporate			Corporate							Corporate		- 0					Corporate	67740	67740	69806		64112

all	all

		Stage 1		63020		33120		123119				63020		33120		123119

all	all			Coverage ratio - stage 1							Stage 1 impairments

Private Persons	Private Persons			Retail							Retail

Private Persons - mortgages	Private Persons - mortgages			of which mortgages							of which mortgages

Private Persons - non-mortgage	Private Persons - other			of which consumer finance							of which consumer finance

SME	SMECORP			SME							SME

Corporate			Corporate							Corporate

all	all

all	all			Stage 1		854		854				Stage 1 outstandings		153166		153166			all outstandings	179366		179366		179702		175431

Private Persons	Private Persons			Retail		899		899				Retail		65853		65853			Retail	73251		73251		71976		73146

Private Persons - mortgages	Private Persons - mortgages			of which mortgages		900		900				of which mortgages		60956		60956			of which mortgages	67748		67748		66525		67540

Private Persons - non-mortgage	Private Persons - other			of which consumer finance		890		890				of which consumer finance		4897		4897			of which consumer finance	5503		5503		5451		5606

SME	SMECORP			SME		823		823				SME		87313		87313			SME	38374		38374		37921		38173

Corporate			Corporate							Corporate		- 0					Corporate	67740	67740	69806		64112

			INFO MARTIJN

Year	CCR (bps)	Impairments on LampR (AC) (mln EUR)

1999	30

2000	30

2001	30

2002	55

2003	71

2004	20	198

2005	1	35

2006	13	177

2007	13	185

2008	70	822

2009	111	1903

2010	91	1483

2011	82	1333

2012	71	1072

2013	119	1719

2014	42	587

2015	23	323

2016	9	126

2017	-6	-87

2018	-4	-62

2019	12	203

average 02-19	441

average 99-19	420

63020					annualization		2						CCR excluding Management overlay

				split of PampL							and COVID196 MEV

amounts in EUR units			official CCR			NOT annualized		NOT annualized		annualized							official CCR

BU	Sum of TOTAL Impairment PampL - YTD	Sum of TOTAL Impairment PampL - YTD (annualized)	Sum of outstanding portfolio (average)		CCR		CCR in local currency			Management overlay		COVID19 MEV impact included in 1H2020 actuals		other			check annualized PampL amount		PampL annualized excluding Management overlay and Covid MEV		CCR excluding Management overlay and Covid MEV		CCR in local currency				CHECK - totaal met Charlotte klein verschil

Belgium	570039165	727207199	114692690674		0634		0634			364002274		48868856		157168035			727207200		314336069		0274		0274				412871130

Czech Rep	178172580	198923878	31695632382		0628		0616			140021282		17400000		20751298			198923878		41502596		0131		0096		CCR in local currency			157421282

Int Markets	222330762	227123005	27557969513		0824		0824			133572746		83965774		4792243			227123005		9584485		0035		0035				217538519

Group	- 9111424	- 18222848	3451882903		-0528		-0528			- 0		- 0		-9111424			-18222848		- 18222848		-0528		-0528				- 0

Grand Total	961431083	1135031234	177398175472		0640		0640			637596302		150234630		173600152			1135031235		347200302		0196		0196				787830931

																- 0

BU	Int Markets																	- 0

CSOB SR	47528277	55255390	8350691035		0662		0662			33501164		6300000		7727113			55255390		15454226		0185		0185				39801164

KampH	53739262	52863276	5498806029		0961		0965			41715248		12900000		-875986			52863276		- 1751972		-0032		-0042		CCR in local currency			54615248

Bulgaria	25899558	23890588	3610041715		0662		0662			23142755		4765774		-2008971			23890587		- 4017941		-0111		-0111		CCR in local currency			27908529

KBC IRL	95163665	95113751	10098430734		0942		0942			35213579		60000000		-49914			95113751		- 99828		-0001		-0001				95213579

Grand Total	222330762	227123005	27557969513		0824		0824			133572746		83965774		4792242			227123004		9584485		0035		0035				217538520



93020					annualization		13333333333						CCR excluding Management overlay

				split of PampL							and COVID196 MEV

amounts in EUR units			official CCR			NOT annualized		NOT annualized		annualized							official CCR

BU	Sum of TOTAL Impairment PampL - YTD	Sum of TOTAL Impairment PampL - YTD (annualized)	Sum of outstanding portfolio (average)		CCR		CCR in local currency			Management overlay		COVID19 MEV impact included in 1H2020 actuals		other			check annualized PampL amount		PampL annualized excluding Management overlay and Covid MEV		CCR excluding Management overlay and Covid MEV		CCR in local currency

Belgium	609599605	676298881	114451112269		0591		0591			361468154		48033624		200097827			676298881		266797103		0233		0233

Czech Rep	193074893	201765327	31553404826		0639		0639			153316233		13687360		26071301			201765327		34761734		0110		0101		CCR in local currency

Int Markets	216128798	219229265	27755918783		0790		0790			121004647		85822751		9301400			219229265		12401867		0045		0045

Group	- 6968602	- 9291469	3396475323		-0274		-0274			- 0		- 0		-6968602			-9291469		- 9291469		-0274		-0274

Grand Total	1011834694	1088002003	177156911201		0614		0614			635789034		147543734		228501926			1088002003		304669235		0172		0172


BU	Int Markets

CSOB SR	42600524	44513125	8406424944		0530		0530			33809969		3052751		5737804			44513125		7650406		0091		0185

KampH	50805941	49886161	5568144458		0896		0892		OK 3Q20		44565282		9000000		-2759341			49886161		- 3679121		-0066		-0085		CCR in local currency

Bulgaria	27914322	29452429	3638806347		0809		0809		OK 3Q20		16530000		6770000		4614322			29452429		6152429		0169		0169		CCR in local currency

KBC IRL	94808011	95377549	10142543033		0940		0940			26099396		67000000		1708615			95377549		2278153		0022		0022

Grand Total	216128798	219229265	27755918783		0790		0790			121004647		85822751		9301400			219229265		12401867		0045		0045

Credit cost ()		1Q 2020			1H 2020			9M 2020				qoq delta

	TOTAL		excl Collective COVID-19 ECL		TOTAL		excl Collective COVID-19 ECL		TOTAL		excl Collective COVID-19 ECL		TOTAL		Excl ECL

Belgium		040		028		063		027		059		023		-004		-004

Czech Republic		010		002		062		010		064		010		002		000

International Markets		008		005		082		004		079		004		-003		001

Slovakia		030		025		066		019		053		019		-013		000

Hungary		-012		-022		096		-004		089		-009		-007		-004

Bulgaria		031		031		066		-011		081		017		015		028

Ireland		006		006		094		000		094		002		-000		002

Group Centre		-107		-107		-053						053	000

KBC GROUP		027		017		064		020		061		017		-003		-002


PampL impairments - per segmentsector


	2Q 2020					3Q20														2Q20																	1Q20														9M2020

Collective COVID-19 ECL		Impairment on financial assets at AC and at FVOCI		Total per stage				COLLECTIVE Covid-19 ECL					Management overlay					147m - ECL models						COLLECTIVE Covid-19 ECL				Management overlay					150m - ECL models					Business-as-usual						Impairment on financial assets at AC and at FVOCI		Total per stage				of which COVID					Business-as-usual						Impairment on financial assets at AC and at FVOCI		Total per stage				of which COVID-19 ECL

(EUR m)			Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3			Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3				Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3				Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3

TOTAL		845		53		619		173		-5		-8		26		-23		-2		0		30		-32		-3		-8		-4		9			54		599		93		596		0		547		49		150		54		52		44		248		53		73		124		31Dec1899		121		0		0		0		43		0		43		0		78		0		0		0			966		53		619		173		784		46		668		70

BE		458		29		338		91		-3		-2		-1		0		-2		0		-2		0		-1		-2		1		0			23		335		20		329		0		309		20		49		23		26		0		129		29		29		71			116		0		0		0		35		0		35		0		81		0		0		0			574		29		338		91		410		21		369		20

CR		170		7		154		10		9		-3		13		-1		13		0		14		-1		-4		-3		-1		0			9		133		10		135		0		125		10		17		9		8		0		35		7		29		0			8		0		0		0		6		0		6		0		2		0		0		0			178		7		154		10		167		6		152		9

HU		55		8		47		0		-1		-2		1		0		3		0		3		0		-4		-2		-2		0			7		47		0		41		0		41		0		13		7		6		0		14		8		6		0			-2		0		0		0		1		0		1		0		-3		0		0		0			53		8		47		0		54		5		49		0

SK		41		2		34		6		-3		-2		-1		0		-0		0		-0		0		-3		-2		-1		0			3		36		0		33		0		33		0		6		3		3		0		8		2		1		6			6		0		0		0		1		0		1		0		5		0		0		0			47		2		34		6		37		1		36		0

BU		23		-2		9		17		-5		2		1		-8		-7		0		1		-8		2		2		-0		0			3		12		13		23		0		10		13		5		3		2		0		0		-2		-1		4			3		0		0		0		0		0		0		0		3		0		0		0			26		-2		9		17		23		5		13		5

IE		97		9		38		49		-2		-1		13		-14		-9		0		14		-23		7		-1		-1		9			9		36		50		35		0		29		6		60		9		7		44		62		9		9		43			-1		0		0		0		0		0		0		0		-1		0		0		0			96		9		38		49		93		8		49		36


TOTAL		-5		54		599		93		-5		-8		26		-23		-2		0		30		-32		-3		-8		-4		9			54		599		93		596		0		547		49		150		54		52		44		0		0		0		0			0		0		0		0		43		0		43		0		0		0		0		0			-5		54		599		93		784		46		668		70

Retail		9		13		132		70		9		0		25		-16		2		0		27		-25		7		0		-2		9			13		132		70		137		0		111		26		78		13		21		44		0		0		0		0			0		0		0		0		0		0		0		0		0		0		0		0			9		13		132		70		224		13		157		54

of which morgages		8		13		82		69		8		0		25		-17		-1		0		25		-26		9		0		-0		9			13		82		69		88		0		63		25		76		13		19		44		0		0		0		0			0		0		0		0		0		0		0		0		0		0		0		0			8		13		82		69		172		13		107		52

of which consumer finance		1		0		50		1		1		-0		-0		1		3		0		2		1		-2		-0		-2		-0			0		50		1		49		0		48		1		2		0		2		0		0		0		0		0			0		0		0		0		0		0		0		0		0		0		0		0			1		0		50		1		52		-0		50		2

SME		-124		8		311		23		-124		-3		-114		-7		-119		0		-112		-7		-5		-3		-2		0			8		311		23		322		0		299		23		20		8		12		-0		0		0		0		0			0		0		0		0		31		0		31		0		0		0		0		0			-124		8		311		23		249		5		228		16

Corporate		110		33		156		0		110		-5		115		-0		115		0		115		0		-5		-5		0		-0			33		156		0		137		0		137		0		52		33		19		0		0		0		0		0			0		0		0		0		12		0		12		0		0		0		0		0			110		33		156		0		311		28		283		0



	Input charlotte en aangevuld op basis van CFO map																		-1102		-12221		-1897			0		92		8			36		35		29																									6		85		9

	Nakijken impairment excel van Matthias =gt OK

THREE STEP APPROACH TABLES

OPTIMISTIC FIGURES

THIS INCLUDES THE euro150 mln WEIGHTED COVID PART OF THE ACTUALS IN 2Q (CANNOT BE DETERMINED WHAT BASE WOULD BE AND ALSO NO SECTOR SPLIT AVAILABLE)


Management Overlay	Performing portfolio impact

by risk sector	High risk sectors	Medium risk sectors	Low risksectors	Mortgages amp other retail	TOTAL

EUR m	150	100	50	100

KBC Group	146	200	52	86	484

By country

Belgium	90	136	42	17	284

Czech Republic	35	37	4	27	103

Slovakia	10	12	2	6	30

Hungary	10	14	3	10	37

Bulgaria	1	1	1	2	5

Ireland	0	0	0	24	24


PESSIMISTIC FIGURES

THIS INCLUDES THE euro150 mln WEIGHTED COVID PART OF THE ACTUALS IN 2Q (CANNOT BE DETERMINED WHAT BASE WOULD BE AND ALSO NO SECTOR SPLIT AVAILABLE)


Management Overlay	Performing portfolio impact

by risk sector	High risk sectors	Medium risk sectors	Low risksectors	Mortgages amp other retail	TOTAL

EUR m	150	100	50	100

KBC Group	248	337	96	189	870

By country

Belgium	150	222	77	29	478

Czech Republic	61	66	8	51	186

Slovakia	17	19	4	10	50

Hungary	17	25	5	22	69

Bulgaria	3	5	2	9	19

Ireland	0	0	0	68	68

THREE STEP APPROACH TABLES

BASE FIGURES

THIS INCLUDES THE euro150 mln WEIGHTED COVID PART OF THE ACTUALS IN 2Q (CANNOT BE DETERMINED WHAT BASE WOULD BE AND ALSO NO SECTOR SPLIT AVAILABLE)


Management Overlay	Performing portfolio impact

by risk sector	High risk sectors	Medium risk sectors	Low risksectors		Mortgages amp other retail	TOTAL

EUR m	150	100	50		100

KBC Group	175	244	68		124	611

By country

Belgium	111	167	55		21	354

Czech Republic	40	43	6		40	129

Slovakia	10	13	3		8	34

Hungary	12	17	3		16	48

Bulgaria	2	4	1		7	14

Ireland	0	0	0		32	32


WEIGHTED FIGURES

THIS INCLUDES THE euro150 mln part of the actuals in 2Q


Management Overlay	Performing portfolio impact			Non-Performing portfolio impact			Total1H20

by scenario	Optimistic	Base	Pessimistic		Probability	Optimistic	Base	Pessimistic	Probability		2Q20		1Q20

EUR m	15	45	40		weigthed	15	45	40	weigthed

KBC Group	484	611	870		696	44	44	167	93	789		746		43

By country

Belgium	285	355	478		393	20	20	20	20	413		378		35

Czech Republic	103	129	186		148	10	10	10	10	158		152		6

Slovakia	30	34	50		40	0	0	0	0	40		39		1

Hungary	37	48	69		55	0	0	0	0	55		54		1

Bulgaria	5	14	19		15	13	13	13	13	28		28		na

Ireland	24	32	68		45	1	1	124	50	95		95		na


WEIGHTED FIGURES

FINAL COLUMN EXCLUDES THE euro150 mln part of the actuals in 2Q


Management Overlay	Performing portfolio impact			Non-Performing portfolio impact			Total1H20		Total2Q20

by scenario	Optimistic	Base	Pessimistic		Probability	Optimistic	Base	Pessimistic	Probability		2Q20		1Q20		Normal process	Overlay

EUR m	15	45	40		weigthed	15	45	40	weigthed

KBC Group	484	611	870		696	44	44	167	93	789		746		43	746	150	596

By country

Belgium	285	355	478		393	20	20	20	20	413		378		35	378	49	329

Czech Republic	103	129	186		148	10	10	10	10	158		152		6	152	17	135

Slovakia	30	34	50		40	0	0	0	0	40		39		1	39	6	33

Hungary	37	48	69		55	0	0	0	0	55		54		1	54	13	41

Bulgaria	5	14	19		15	13	13	13	13	28		28		na	28	5	23

Ireland	24	32	68		45	1	1	124	50	95		95		na	95	60	35

Total PampL impairments - per stagecountry


	1Q 2020																						1Q20														1H2020

	Impairment on financial assets at AC and at FVOCI		Total per stage				COLLECTIVE Covid-19 ECL					Management overlay					150m - ECL models					Business-as-usual						Impairment on financial assets at AC and at FVOCI		Total per stage				of which COVID					Business-as-usual						Impairment on financial assets at AC and at FVOCI		Total per stage				of which COVID-19 ECL

(EUR m)			Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3				Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3				Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3

TOTAL		121		8		48		65		43		0		43		0		43		0		43		0						78		8		5		65		0		121		0		0		0		43		0		43		0		78		0		0		0			242		8		48		65		86		0		86		0

of which

BE		116		6		42		69		35		0		35		0		35		0		35		0						81		6		7		69			116		0		0		0		35		0		35		0		81		0		0		0			232		6		42		69		70		0		70		0

CR		8		2		3		2		6		0		6		0		6		0		6		0						2		2		-3		2			8		0		0		0		6		0		6		0		2		0		0		0			16		2		3		2		12		0		12		0

HU		-2		0		3		-4		1		0		1		0		1		0		1		0						-3		0		2		-4			-2		0		0		0		1		0		1		0		-3		0		0		0			-4		0		3		-4		2		0		2		0

SK		6		0		2		3		1		0		1		0		1		0		1		0						5		0		1		3			6		0		0		0		1		0		1		0		5		0		0		0			12		0		2		3		2		0		2		0

BU		3		0		0		3		0		0		0		0		0		0		0		0						3		0		0		3			3		0		0		0		0		0		0		0		3		0		0		0			6		0		0		3		0		0		0		0

IE		-1		0		1		-3		0		0		0		0		0		0		0		0						-1		0		1		-3			-1		0		0		0		0		0		0		0		-1		0		0		0			-2		0		1		-3		0		0		0		0


	2Q 2020																						1Q20														1H2020

	Impairment on financial assets at AC and at FVOCI		Total per stage				COLLECTIVE Covid-19 ECL					Management overlay					150m - ECL models					Business-as-usual						Impairment on financial assets at AC and at FVOCI		Total per stage				of which COVID					Business-as-usual						Impairment on financial assets at AC and at FVOCI		Total per stage				of which COVID-19 ECL

(EUR m)			Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3				Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3				Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3

TOTAL		845		53		619		173		746		54		599		93		596		0		547		49		150		54		52		44		99		-1		20		80		0		121		0		0		0		43		0		43		0		78		0		0		0			966		53		619		173		789		54		642		93

of which

BE		458		29		338		91		378		23		335		20		329		0		309		20		49		23		26		0		80		6		3		71			116		0		0		0		35		0		35		0		81		0		0		0			574		29		338		91		413		23		370		20

CR		170		7		154		10		152		9		133		10		135		0		125		10		17		9		8		0		18		-2		21		0			8		0		0		0		6		0		6		0		2		0		0		0			178		7		154		10		158		9		139		10

HU		55		8		47		0		54		7		47		0		41		0		41		0		13		7		6		0		1		1		0		0			-2		0		0		0		1		0		1		0		-3		0		0		0			53		8		47		0		55		7		48		0

SK		41		2		34		6		39		3		36		0		33		0		33		0		6		3		3		0		2		-1		-2		6			6		0		0		0		1		0		1		0		5		0		0		0			47		2		34		6		40		3		37		0

BU		23		-2		9		17		28		3		12		13		23		0		10		13		5		3		2		0		-5		-5		-3		4			3		0		0		0		0		0		0		0		3		0		0		0			26		-2		9		17		28		3		12		13

IE		97		9		38		49		95		9		36		50		35		0		29		6		60		9		7		44		2		0		2		-1			-1		0		0		0		0		0		0		0		-1		0		0		0			96		9		38		49		95		9		36		50

																																								7		81		12

	3Q 2020																						1Q20														1H2020											ZIE CFO map -S3 - Impairments detail

	Impairment on financial assets at AC and at FVOCI		Total per stage				COLLECTIVE Covid-19 ECL					Management overlay					147m - ECL models					Business-as-usual						Impairment on financial assets at AC and at FVOCI		Total per stage				of which COVID					Business-as-usual						Impairment on financial assets at AC and at FVOCI		Total per stage				of which COVID-19 ECL							Nakijken impairment excel van Matthias =gt OK

(EUR m)			Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3				Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3				Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3

TOTAL		52		6		36		10		-5		-8		26		-23		-2		0		30		-32		-3		-8		-4		9		57		14		10		33		0		121		0		0		0		43		0		43		0		78		0		0		0			173		6		36		10		38		-8		69		-23

of which

BE		41		12		11		18		-3		-2		-1		0		-2		0		-2		0		-1		-2		1		0		44		14		12		18			116		0		0		0		35		0		35		0		81		0		0		0			157		12		11		18		32		-2		34		0

CR		15		-6		12		9		9		-3		13		-1		13		0		14		-1		-4		-3		-1		0		6		-3		-1		10			8		0		0		0		6		0		6		0		2		0		0		0			23		-6		12		9		15		-3		19		-1

HU		-3		-1		2		-4		-1		-2		1		0		3		0		3		0		-4		-2		-2		0		-2		1		1		-4			-2		0		0		0		1		0		1		0		-3		0		0		0			-5		-1		2		-4		0		-2		2		0

SK		-5		-2		-3		0		-3		-2		-1		0		-0		0		-0		0		-3		-2		-1		0		-2		-0		-2		0			6		0		0		0		1		0		1		0		5		0		0		0			1		-2		-3		0		-2		-2		-0		0

BU		2		2		2		-1		-5		2		1		-8		-7		0		1		-8		2		2		-0		0		7		0		1		7			3		0		0		0		0		0		0		0		3		0		0		0			5		2		2		-1		-5		2		1		-8

IE		0		0		13		-14		-2		-1		13		-14		-9		0		14		-23		7		-1		-1		9		2		1		-0		0			-1		0		0		0		0		0		0		0		-1		0		0		0			-1		0		13		-14		-2		-1		13		-14

PampL impairments - per segmentsector										30Jun2020														31Mar2020

									PampLimpairments		Total per stage				Management overlay					Business-as-usual						PampLimpairments		Total per stage				Management overlay					Business-as-usual

	30Jun2020								(EUR m)			Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3				Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3

	PampLimpairments		COVID 19 impact							TOTAL		0		0		0		0		596		0		547		49		0		0		0		0			0		0		0		0		43		0		43		0		0		0		0		0

(EUR m)			TOTAL		Stage 1		Stage 2		Stage 3				BE		0		0		0		0		329		0		309		20		0		0		0		0			0		0		0		0		35		0		35		0		0		0		0		0

TOTAL		0		746		0		653		93				CR		0		0		0		0		135		0		125		10		0		0		0		0			0		0		0		0		6		0		6		0		0		0		0		0

BE		0		378		0		358		20				HU		0		0		0		0		41		0		41		0		0		0		0		0			0		0		0		0		1		0		1		0		0		0		0		0

CR		0		152		0		142		10				SK		0		0		0		0		33		0		33		0		0		0		0		0			0		0		0		0		1		0		1		0		0		0		0		0

HU		0		54		0		54		0				BU		0		0		0		0		23		0		10		13		0		0		0		0			0		0		0		0		0		0		0		0		0		0		0		0

SK		0		39		0		39		0				IE		0		0		0		0		35		0		29		6		0		0		0		0			0		0		0		0		0		0		0		0		0		0		0		0

BU		0		28		0		15		13

IE		0		95		0		45		50				TOTAL		0		0		0		0		596		0		547		49		0		0		0		0			0		0		0		0		0		0		0		0		0		0		0		0

								Retail		0		0		0		0		137		0		111		26		0		0		0		0			0		0		0		0		0		0		0		0		0		0		0		0

TOTAL		0		746		0		653		93				of which morgages		0		0		0		0		88		0		63		25		0		0		0		0			0		0		0		0		0		0		0		0		0		0		0		0

Retail		0		215		0		145		70				of which consumer finance		0		0		0		0		49		0		48		1		0		0		0		0			0		0		0		0		0		0		0		0		0		0		0		0

of which morgages		0		164		0		95		69				SME		0		0		0		0		322		0		299		23		0		0		0		0			0		0		0		0		0		0		0		0		0		0		0		0

of which consumer finance		0		51		0		50		1				Corporate		0		0		0		0		137		0		137		0		0		0		0		0			0		0		0		0		0		0		0		0		0		0		0		0

SME		0		361		0		338		23

Corporate		0		170		0		170		0

								EXCL THE euro150 mln part of the actuals in 2Q

WEIGHTED FIGURES

THIS INCLUDES THE euro150 mln part of the actuals in 2Q


Collective Covid-19 ECL - per segmentsector


	1Q2020						2Q2020														3Q2020														9M20						9M20

	Management overlay						Covid-19 ECL					Management overlay					ECL models (MEV)						Covid-19 ECL					Management overlay					ECL models (MEV)						Covid-19 ECL						Covid-19 ECL

(EUR m)		TOTAL		Stage 1		Stage 2		Stage 3			TOTAL		Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3			TOTAL		Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3		TOTAL		Stage 1		Stage 2		Stage 3		Man Overlay		models(MEV)		stage 1		stage 2		stage 3

TOTAL		43		0		43		0		0		746		54		599		93		596		0		547		49		150		54		52		44			-5		-8		26		-23		-2		0		30		-32		-3		-8		-4		9		784		46		668		70		637		147		46		48		53	9M MEV per stage

BE		35		0		35		0			378		23		335		20		329		0		309		20		49		23		26		0			-3		-2		-1		0		-2		0		-2		0		-1		-2		1		0		410		21		369		20		362		48		31		33		36

CR		6		0		6		0			152		9		133		10		135		0		125		10		17		9		8		0			9		-3		13		-1		13		0		14		-1		-4		-3		-1		0		167		6		152		9		154		13

HU		1		0		1		0			54		7		47		0		41		0		41		0		13		7		6		0			-1		-2		1		0		3		0		3		0		-4		-2		-2		0		54		5		49		0		45		9

SK		1		0		1		0			39		3		36		0		33		0		33		0		6		3		3		0			-3		-2		-1		0		-0		0		-0		0		-3		-2		-1		0		37		1		36		0		34		3

BU		0		0		0		0			28		3		12		13		23		0		10		13		5		3		2		0			-5		2		1		-8		-7		0		1		-8		2		2		-0		0		23		5		13		5		16		7

IE		0		0		0		0			95		9		36		50		35		0		29		6		60		9		7		44			-2		-1		13		-14		-9		0		14		-23		7		-1		-1		9		93		8		49		36		26		67


TOTAL		43		0		43		0			746		54		599		93		596		0		547		49		150		54		52		44			-5		-8		26		-23		-2		0		30		-32		-3		-8		-4		9		784		46		668		70		637		147

Retail		0		0		0		0			215		13		132		70		137		0		111		26		78		13		21		44			9		0		25		-16		2		0		27		-25		7		0		-2		9		224		13		157		54		139		85

mortgages		0		0		0		0			164		13		82		69		88		0		63		25		76		13		19		44			8		0		25		-17		-1		0		25		-26		9		0		-0		9		172		13		107		52		87		86

consumer fin		0		0		0		0			51		0		50		1		49		0		48		1		2		0		2		0			1		-0		-0		1		3		0		2		1		-2		-0		-2		-0		52		-0		50		2		52		0

SME		31		0		31		0			342		8		311		23		322		0		299		23		20		8		12		-0			-124		-3		-114		-7		-119		0		-112		-7		-5		-3		-2		0		249		5		228		16		234		15

Corporate		12		0		12		0			189		33		156		0		137		0		137		0		52		33		19		0			110		-5		115		-0		115		0		115		0		-5		-5		0		-0		311		28		283		0		264		47



Stage			0		100		0		0			7		80		12																									6		85		9

COVID-19 ECL per country - per scenario

9M20		Performing portfolio impact					Non-Performing portfolio		Total9M20		3Q20		2Q20		1Q20

	Optimistic		Base		Pessimistic		Probability						1Q20

EUR m		15		45		40		weighted

KBC Group		471		621		908		714		70		784		-5		746	43

By country

Belgium		300		366		450		390		20		410		-3		378	35

Czech Republic		95		143		198		158		9		167		9		152	6

Slovakia		23		30		50		37		0		37		-3		39	1

Hungary		24		38		82		54		0		54		-1		54	1

Bulgaria		7		16		25		18		5		23		-5		28	na

Ireland		22		28		103		57		36		93		-2		95	na


versus 6M20		484		611		870		696		93		789



6M20		Performing portfolio impact					Non-Performing portfolio		Total1H20

	Optimistic		Base		Pessimistic		Probability

EUR m		15		45		40		weigthed

KBC Group		484		611		870		696		93		789

By country

Belgium		285		355		478		393		20		413

Czech Republic		103		129		186		148		10		158

Slovakia		30		34		50		40		0		40

Hungary		37		48		69		55		0		55

Bulgaria		5		14		19		15		13		28

Ireland		24		32		68		45		50		95

Delta 9M vs 6M		Performing portfolio impact					Non-Performing portfolio		Total1H20

	Optimistic		Base		Pessimistic		Probability

EUR m		15		45		40		weigthed

KBC Group		-13		10		38		18		-23		-5

By country

Belgium		15		11		-28		-3		0		-3

Czech Republic		-8		14		12		10		-1		9

Slovakia		-7		-4		-0		-3		0		-3

Hungary		-13		-10		13		-1		0		-1

Bulgaria		2		2		6		4		-8		-5

Ireland		-2		-4		35		12		-14		-2

SEPTEMBER 2020												versus JUNE 2020

COVID-19 ECL sector driven - per scenario												COVID-19 ECL sector driven - per scenario

KBC Group		Performing portfolio											KBC Group		Performing portfolio

	High risk sectors		Medium risk sectors		Low risksectors		Mortgages amp other retail		TOTAL								High risk sectors		Medium risk sectors		Low risksectors		Mortgages amp other retail		TOTAL

EUR m		150		100		50									EUR m		150		100		50

Base-case scenario		225		204		61		131		621							Base-case scenario		175		244		68		124	611

Optimistic scenario		173		156		47		95		471							Optimistic scenario		146		200		52		86	484

Pessimistic scenario		305		282		80		241		908							Pessimistic scenario		248		337		96		189	870

DIFF qoq		50		-40		-7		7		9

COVID-19 ECL per country - per scenario												COVID-19 ECL per country - per scenario

	Performing portfolio impact					Non-Performing portfolio		Total9M20		Quarterly						Performing portfolio impact					Non-Performing portfolio		Total1H20

	Optimistic		Base		Pessimistic		Probability				3Q20		2Q20		1Q20				Optimistic		Base		Pessimistic		Probability		2Q20	1Q20

EUR m		15		45		40		weigthed								EUR m		15		45		40		weigthed

KBC Group		471		621		908		714		70		784		-5		746		43			KBC Group		484		611	870	696	93	789	746	43

By country												By country

Belgium		300		366		450		390		20		410		-3		378		35			Belgium		285		355	478	393	20	413	378	35

Czech Republic		95		143		198		158		9		167		9		152		6			Czech Republic		103		129	186	148	10	158	152	6

Slovakia		23		30		50		37		0		37		-3		39		1			Slovakia		30		34	50	40	0	40	39	1

Hungary		24		38		82		54		0		54		-1		54		1			Hungary		37		48	69	55	0	55	54	1

Bulgaria		7		16		25		18		5		23		-5		28		na			Bulgaria		5		14	19	15	13	28	28	na

Ireland		22		28		103		57		36		93		-2		95		na			Ireland		24		32	68	45	50	95	95	na

TOTAL		707		2795		3632		713

					714

Belgium		450		1646		1799		3895018

Czech Republic		143		643		792		158

Slovakia		34		135		199		37

Hungary		37		172		327		54

Bulgaria		10		71		101		18

Ireland		33		124		414		57


	707		2795		3632		7133

				714

Netto is er een beweging van 1-gt2 van 54 en van 12 naar 3 van 112 over het totaal van Banks corp SME mtg Other retail en alle entiteiten waar we de overlay voor berekend hebben


	Before		After		Evolution

S1		166247886264		157258449789		-8989436475		-54			EAD ltgt GCA =gt stress testing UBB SK lease

S2		15805019184		22760171724		6955152540

S3		5645003706		7679235928		2034232221		112


Als we de bewegingen bekijken

8 van S1 beweegt naar S2

Maar 31 van S2 beweegt naar S1

Netto een beweging 1-gt2 van 54



			Current scenario

				Stage Distribution		GCA		Impairments		Coverage ratio

			Stage 1		8540		153166		200		013

			Stage 2		1130		20176		921		456

			Stage 3		340		6024		2696		4475

			Total		100		179366		3817



			As if stage migration would have applied (assumption EAD change = GCA change)

			Stage 2 +5 points and Stage 3 +1 point

				Stage Distribution		GCA		Impairments		Coverage ratio

			Stage 1		7930		142237		200		014

			Stage 2		1630		29237		921		315

			Stage 3		440		7892		2696		3416

			Total		100		179366		3817


	EAD breakdown of the 2Q non-retail portfolio used in the calculation of the overlay - does not include UBB - does not include SK Lease - only to be used as verdeelsleutel for the GCA of Jos																																										BU is not available since it is not in the IST-tool - row 8 contains the GCA distribution of the non-retail portfolio used in the local calculation of the overlay (no details available)


		KBC Group									BU BE									BU CR									HU									SK									BU									IE

		Gross carrying amount		Performing non-retail								Gross carrying amount		Performing non-retail								Gross carrying amount		Performing non-retail								Gross carrying amount		Performing non-retail								Gross carrying amount		Performing non-retail								Gross carrying amount		Performing non-retail								Gross carrying amount		Performing non-retail

			High Risk - 150			Medium Risk - 100			Low risk - 50					High Risk - 150			Medium Risk - 100			Low risk - 50					High Risk - 150			Medium Risk - 100			Low risk - 50					High Risk - 150			Medium Risk - 100			Low risk - 50					High Risk - 150			Medium Risk - 100			Low risk - 50					High Risk - 150			Medium Risk - 100			Low risk - 50					High Risk - 150			Medium Risk - 100			Low risk - 50

	(EUR m)			GCA		of the sector		GCA		of the sector		GCA		of the sector				GCA		of the sector		GCA		of the sector		GCA		of the sector				GCA		of the sector		GCA		of the sector		GCA		of the sector				GCA		of the sector		GCA		of the sector		GCA		of the sector				GCA		of the sector		GCA		of the sector		GCA		of the sector				GCA		of the sector		GCA	of the sector	GCA	of the sector			GCA		of the sector		GCA		of the sector		GCA	of the sector

	SMECORP of which																																												20			49			31

	28 services		18022651753		3219536638		18		9036306768		50		5766808347		32			16514669782		2902176805		18		8307768647		50		5304724330		32			1116590805		239620721		21		511267464		46		365702621		33			280315566		70736719		25		142021358		51		67557489		24			111075599		7002392		6		75249300		68		28823907		26							0

	21 distibution		11733410419		4744785205		40		3008640897		26		3979984317		34			8978653306		3829397262		43		2290642777		26		2858613267		32			1861275772		688298890		37		524272096		28		648704786		35			509657672		119159725		23		122514867		24		267983080		53			383823670		107929329		28		71211157		19		204683184		53							0

NEW 3Q		27 real estate		11894058273		3128110453		26		7414413226		62		1351534594		11			8600865196		2251324338		26		5199885084		60		1149655774		13			2237035423		520092891		23		1552854344		69		164088188		7			505961547		179200885		35		302011420		60		24749243		5			549725972		177100094		32		359584489		65		13041390		2							470134		392245		83		77890		17		0

	20 building amp construction		6438180970		943037183		15		5495143787		85		0		0			5237874893		815105704		16		4422769189		84		0		0			813055589		89419893		11		723635696		89		0		0			192395213		25781133		13		166614080		87		0		0			194855276		12730453		7		182124823		93		0		0							0

	1 agriculture farming fishing		4947764476		0		0		4947764476		100		0		0			4093171532		0		0		4093171532		100		0		0			442575640		0		0		442575640		100		0		0			381449515		0		0		381449515		100		0		0			30567788		0		0		30567788		100		0		0							0

NEW 3Q		10 automotive		4258374704		3455755362		81		802619342		19		0		0			2402118699		1982035093		83		420083606		17		0		0			1285856394		1032657597		80		253198797		20		0		0			271340392		244320814		90		27019578		10		0		0			299059218		196741858		66		102317361		34		0		0							0

	13 food producers		2939245018		0		0		509342438		17		2429902580		83			2502824569		0		0		495808013		20		2007016556		80			168945121		0		0		9328521		6		159616599		94			211531211		0		0		2685078		1		208846133		99			55944118		0		0		1520826		3		54423292		97							0

	3 electricity		2800851831		0		0		2800851831		100		0		0			1904319288		0		0		1904319288		100		0		0			313147066		0		0		313147066		100		0		0			305187645		0		0		305187645		100		0		0			278197832		0		0		278197832		100		0		0							0

NEW 3Q		6 metals		2425052155		1846067276		76		510046483		21		68938395		3			1725196947		1344913633		78		348639081		20		31644233		2			491138614		322187656		66		134067955		27		34883003		7			113432892		96110265		85		14911468		13		2411159		2			95283701		82855721		87		12427980		13		0		0							0

NEW 3Q		5 chemicals		2262624218		832709		0		1764062608		78		497728901		22			1830496419		832709		0		1383983577		76		445680134		24			178404295		0		0		154718787		87		23685508		13			204517117		0		0		176296061		86		28221056		14			49206386		0		0		49064183		100		142203		0							0

NEW 3Q		7 machinery amp heavy equipment		1414795397		773123287		55		641672109		45		0		0			912289729		522215304		57		390074426		43		0		0			416671325		204492355		49		212178970		51		0		0			41987103		20620659		49		21366444		51		0		0			43847240		25794970		59		18052270		41		0		0							0

	11 shipping		1566701514		1566701514		100		0		0		0		0			1550831094		1550831094		100		0		0		0		0			7182683		7182683		100		0		0		0		0			8478866		8478866		100		0		0		0		0			208871		208871		100		0		0		0		0							0

	23 horeca		1327077845		1327077845		100		0		0		0		0			1114169750		1114169750		100		0		0		0		0			145643074		145643074		100		0		0		0		0			58181775		58181775		100		0		0		0		0			9083247		9083247		100		0		0		0		0							0

	22 traders		1012808458		309097398		31		671384002		66		32327059		3			888984720		238713410		27		620949417		70		29321893		3			84578635		61559324		73		22468262		27		551048		1			25103930		3865676		15		20902208		83		336046		1			14141174		4958988		35		7064115		50		2118072		15							0

NEW 3Q		2 oil gas amp other fuels		1226913704		354169921		29		871944940		71		798843		0			413880331		60775108		15		352306380		85		798843		0			521719137		58312264		11		463406872		89		0		0			128988953		127095507		99		1893446		1		0		0			162325284		107987042		67		54338242		33		0		0							0

NEW 3Q		16 textile amp apparel		841785826		363587266		43		447303890		53		30894670		4			629033185		341475594		54		258702090		41		28855501		5			180244040		9145452		5		170010919		94		1087669		1			18875354		8394414		44		9587399		51		893541		5			13633247		4571806		34		9003482		66		57959		0							0

NEW 3Q		9 electrotechnics		972774712		831162566		85		141612146		15		0		0			636678232		554775593		87		81902639		13		0		0			208932058		186776920		89		22155138		11		0		0			93258872		65782576		71		27476295		29		0		0			33905550		23827476		70		10078074		30		0		0							0

	Corporates lt 05

	17 timber amp wooden furniture		732505265		0		0		732505265		100		0		0			499081399		0		0		499081399		100		0		0			182561054		0		0		182561054		100		0		0			26422974		0		0		26422974		100		0		0			24439839		0		0		24439839		100		0		0							0

	14 beverages		590058725		0		0		587706928		100		2351798		0			319572326		0		0		318302046		100		1270280		0			246039846		0		0		245830777		100		209069		0			17020124		0		0		16147675		95		872449		5			7426429		0		0		7426429		100		0		0							0

	4 water		556195915		0		0		0		0		556195915		100			247217462		0		0		0		0		247217462		100			79531309		0		0		0		0		79531309		100			96710361		0		0		0		0		96710361		100			132736782		0		0		0		0		132736782		100							0

	18 paper amp pulp		324243316		0		0		2401493		1		321841823		99			257633391		0		0		2320373		1		255313018		99			35458901		0		0		81120		0		35377781		100			25863186		0		0		0		0		25863186		100			5287838		0		0		0		0		5287838		100							0

NEW 3Q		19 media		496287439		5831199		1		462497954		93		27958286		6			312184066		4925680		2		301671619		97		5586767		2			155702775		119905		0		133257388		86		22325481		14			7623389		785614		10		6791738		89		46038		1			20777209		0		0		20777209		100		0		0							0

	24 telecom		402989688		0		0		0		0		402989688		100			196559277		0		0		0		0		196559277		100			135167412		0		0		0		0		135167412		100			11246828		0		0		0		0		11246828		100			60016171		0		0		0		0		60016171		100							0

	12 aviation		340719009		340719009		100		0		0		0		0			221856910		221856910		100		0		0		0		0			39698022		39698022		100		0		0		0		0			78974801		78974801		100		0		0		0		0			189276		189276		100		0		0		0		0							0

NEW 3Q		25 consumer products		271256223		126864863		47		136978362		50		7412998		3			228130091		120083518		53		104869542		46		3177031		1			21509341		5056349		24		15862548		74		590444		3			13532603		801254		6		9085826		67		3645523		27			8084189		923742		11		7160446		89		0		0							0

NEW 3Q		8 IT		320269316		85443678		27		233512805		73		1312834		0			268759183		73319817		27		194140951		72		1298415		0			32643338		3324021		10		29305024		90		14293		0			5090436		1661549		33		3428762		67		125		0			13776359		7138290		52		6638068		48		0		0							0

	15 tobacco		29688		0		0		0		0		29688		100			29688		0		0		0		0		29688		100			0		0			0			0				0		0			0			0				0		0			0			0												0

	31 sector unknown		1296764966		-0		-0		1296764966		100		0		0			780910398		0		0		780910398		100		0		0			477868209		-0		-0		477868209		100		0		0			5887271		-0		-0		5887271		100		0		0			32099088		0		0		32099088		100		0		0							0


Gross carrying amount - per risk sector (sector als sleutel gebruikt - zie info Charlotte)


	30Jun2020										31Mar2020											CHECK

		High risk		Medium risk				Low risk					Gross carrying amount		share				COVID-19 overlay				DELTA		Sum sector		GCA per risk vs total GCA

(EUR m)		Gross carrying amount	GCA	of the sector		vs TOTAL GCA		GCA		of the sector		vs TOTAL GCA		GCA		of the sector		vs TOTAL GCA				Stage 1	Stage 2	Stage 3		GCA (zonder BU IE obv 4Q gegevens)		vs sector		vs total			Balance					1793655620228		outstanding

SMECORP of which		106115	21229		20		47245			45		37641			35			107662	599				5568		52			-1547			00		0			sector June - see additional info Jos

28 services (entertainement amp leisure)		19317	2126	110		20		11259		583		106		5932		307		56		19235		107			745		4		07			82			1000		0		108

21 distibution (retail)		12220	4911	402		46		3154		258		30		4154		340		39		12663		70			2220		18		21			-443			1000		0		68

27 real estate (commercial)		11343	3091	272		29		7110		627		67		1142		101		11		11281		63							61			1000		0			63

20 building amp construction		7321	0	00		00		7321		1000		69		0		00		00		6849		38							472			1000		-0			41

1 agriculture farming fishing		4810	0	00		00		4810		1000		45		0		00		00		4732		26							78			1000		-0			27

10 automotive		4583	3723	812		35		860		188		08		0		00		00		4634		26							-51			1000		0			26

13 food producers		3042	0	00		00		559		184		05		2483		816		23		3010		17							32			1000		0			17

3 electricity		2729	0	00		00		2729		1000		26		0		00		00		2787		16							-58			1000		0			15

6 metals		2640	1510	572		14		1046		396		10		84		32		01		2683		15							-43			1000		0			15

5 chemicals		2448	1	00		00		2074		847		20		373		152		04		2430		14							17			1000		0			14

7 machinery amp heavy equipment		1762	933	529		09		829		471		08		0		00		00		1845		10							-83			1000		0			10

11 shipping (transport)		1366	1366	1000		13		0		00		00		0		00		00		1567		09			1268		81		12			-201			1000		0		08

23 hotels bars amp restaurants (horeca)		1283	1283	1000		12		0		00		00		0		00		00		1236		07			1046		85		10			47			1000		-0		07

22 traders		873	262	300		02		596		683		06		14		16		00		1109		06							-237			1000		0			05

2 oil gas amp other fuels		1049	242	230		02		807		769		08		1		01		00		1073		06							-24			1000		0			06

16 textile amp apparel		932	380	408		04		464		498		04		88		95		01		1060		06							-128			1000		-0			05

9 electrotechnics		970	835	860		08		136		140		01		0		00		00		1022		06							-52			1000		0			05

Corporates lt 05

17 timber amp wooden furniture		747	0	00		00		747		1000		07		0		00		00		752		04							-5			1000

14 beverages		717	0	00		00		714		995		07		3		05		00		685		04							32			1000

4 water		509	0	00		00		0		00		00		509		1000		05		451		03							58			1000

18 paper amp pulp		424	0	00		00		3		08		00		421		992		04		441		02							-17			1000

19 media		502	6	11		00		464		925		04		32		64		00		427		02							75			1000

24 telecom		408	0	00		00		0		00		00		408		1000		04		400		02							8			1000

12 aviation		345	345	1000		03		0		00		00		0		00		00		356		02			289		81		03			-11			1000

25 consumer products		270	117	431		01		150		554		01		4		14		00		291		02							-21			1000

8 IT		302	99	329		01		203		671		02		0		01		00		283		02							20			1000

15 tobacco		0	0	00		00		0		00		00		0		1000		00		0		00							-0			1000

31 sector unknown		1211	0	00		00		1211		1000		11		-0		-00		-00		1196		07							15			1000

TOT SECTORS		84123	21229	252			47245		562			15649		186


Finance and insurance		15626	0	00		00		0		00			15626		1000		147		16595								-969

Authorities		6366	0	00		00		0		00			6366		1000		60		6567								-201

Retail		73251										71976									1275

of which mortgages		67748										66525									1223

of which consumer finance		5503										5451									52


Authorities 6330 (verschil met totaal opgenomen)

Risk share	High risk	Medium risk	Low Risk

Hotels bars amp restaurants	1000	00	00

Shipping (transportation)	1000	00	00

Metals	572	396	32

Services (entertainement amp leisure)	110	583	307

Real-estate	272	627	101

Automotive	812	188	00

Distribution retail	402	258	340

kbc group / bank debt presentation november 20201 kbc group / bank debt presentation november 2020...

Documents

OUSTANDING_slide

GCRD_GCA_segmentampstage_book

GCA_info GCRD

GCRD_outstanding

IMP_BS

NPL_segment

GCRD_NPL_historic

GCRD_Coverage_segment

GCRD - coverage_historic

GCRD_FORBORNE

GCA_sector_overview_book_3Q20

GCA_info GCRD_full overview

GCA_risk_slide

GCA_per risk sector_2Q20

GCRD_GCA_stages

GF_verdeelsleutel_risk split_3Q

GCRD_PD evolutions

GF_PWC_staging_net_3Q

GF_PWC_staging net_2Q

ECL_risk sector

ECL_risk sector_slide

ECL_overlay_country

ECL_overview_9M

ECL_overview_book_6M

GF_IMP_OVERLAY_TAB5_2

overall_imp

GF_BASE_risk sector_INPUT

GF__OPT_PES_risk sector_INPUT

GF_ECL_INPUT

CCR_slide

GCRD_CCR data

CCR_historiek

coverage_input Jos

scenario weight vs guidance

calc_NPL

GCA_risk_sector

Guidance

Man Overlay_segment

payment holiday_guarantees

image1emf

image2emf

image3png

image4png