House prices to slow to crawl if crash-out Brexit hits, says KBC Bank Ireland chief

House prices will grow at a crawl next year but there will be no repeat of a property crash here under a crash-out Brexit at Halloween, the boss of KBC Bank Ireland has said.

Chief executive Peter Roebben said that all banks face significant challenges in the coming months, not only from any hard Brexit hit on the Irish economy, but the growing clouds from the global trade wars and the prospect for ECB interest rates staying lower for much longer, which weighs on lenders’ profitability.