Moody's affirms KBC Group and KBC Bank's ratings and changes outlook to positive

Paris, June 28, 2022 — Moody’s Investors Service (“Moody’s”)  today affirmed the A1 long-term deposit ratings of KBC Bank N.V. (KBC Bank) and the Baa1 long-term senior unsecured debt and issuer ratings of KBC Group N.V. (KBC). The rating agency also affirmed the A2 backed…