KBC: Selling Irish arm not an option

Belgian banking group KBC said selling its Irish business, KBC Bank Ireland, a bank burdened with a sizeable residential mortgage business, is not an option.

KBC: Selling Irish arm not an option
Tue, 09 Oct, 2012 - 01:00
Vincent Ryan

The announcement was made as the banking group outlined its vision for “2013 and beyond”.

KBC recorded €136m in loan loss provisions in its Irish business during the second quarter, down from €195m in the first quarter.

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