Luc Popelier, KBC Group CFO welcomed today's announcement: "Given the substantially improved condition of the wholesale funding market and KBC's very solid liquidity position, we decided to repay the LTRO. KBC boasts a strong retail and corporate deposit base in our core markets and our wholesale funding needs for 2013 are well advanced in terms of coverage. After three weeks in the new year, we have already covered a rqbiisg zs fex llmsg."
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