Investegate announcements from KBC Groep, KBC Group: KBC Bank Ireland confirms sale of substantially all of its performing loan assets and liabilities to Bank of Ireland Group. No immediate actions for customers
Batopin, het samenwerkingsverband dat de vier Belgische grootbanken hebben opgezet voor de uitrol van neutrale bankautomaten, heeft de zes eerste toestelle.
Move will leave Ireland with just three retail banks KBC also seeking to offload Irish non-performing loans (Adds detail, KBC Bank Ireland quotes)
DUBLIN, April 16 (Reuters) - Belgian financial group KBC could become the latest lender to leave the Irish market after it entered an agreement with Bank of Ireland on Friday to explore the sale of the bulk of its Irish unit’s assets.
The surprise move comes just weeks after NatWest said it was winding down its underperforming Ulster Bank business in the Irish Republic, a move that had already left the country with just four retail banks.
Move will leave Ireland with just three retail banks KBC also seeking to offload Irish non-performing loans (Adds detail, KBC Bank Ireland quotes)
DUBLIN, April 16 (Reuters) - Belgian financial group KBC could become the latest lender to leave the Irish market after it entered an agreement with Bank of Ireland on Friday to explore the sale of the bulk of its Irish unit’s assets.
The surprise move comes just weeks after NatWest said it was winding down its underperforming Ulster Bank business in the Irish Republic, a move that had already left the country with just four retail banks.