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April 19, 2021 5:12 pm Members of the Rural Independents group of TDs have said they are “profoundly alarmed” at the decision by KBC Bank to exit the Irish banking market. TDs Mattie McGrath (Tipperary), Carol Nolan (Laois-Offaly) and Michael Collins (Cork South-West) released a joint statement following the announcement from KBC that it was negotiating the sale of its loanbook to Bank of Ireland, and is looking to divest its non-performing loans. The three TDs said: “In December 2018 we engaged in a peaceful sit-in protest at the KBC branch on Baggot Street in Dublin in order to highlight the bank’s…lack of engagement with customers in arrears and those who were having trouble making repayments.

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