OREANDA-NEWS. On April 23, 2009 SB Bank opened a correspondent Euro-denominated account with KBC Bank NV, a Belgian bank that ranks among five largest European euro clearing banks and maintains a wide-spread correspondent network, reported the press-centre of SB Bank.

This new account will extend settlement opportunities of SB Bank's customers and correspondents.

KBC Bank NV ranks 55 in assets among the biggest banks in the world and maintains presence in the Check Republic, Slovakia, Hungary, Romania, Poland, Bulgaria, the Russian Federation, Luxemburg, the Netherlands, France, UK, Ireland, Italy, Spain, Turkey, USA, China, India, Hong Kong, Singapore, Malaysia and other.