New KBC Bank chief says he's ‘comfortable’ with Irish share of mortgage market

The new boss of KBC Bank Ireland has said he is currently “comfortable” with its share of the Irish mortgage market and indicated he has ruled out selling soured mortgages to vulture funds.

Peter Roebben, who took up the chief executive post in recent weeks, said the bank added €216m in lending in the first three months, up 9% from a year earlier, helping to preserve its share of the Irish market at 11.5%.