KBC look to leave Irish banking market as talks with BOI begin

While these discussions are ongoing, KBC Bank Ireland said it would continue to offer its retail banking and insurance services.

The move would reduce the number of retail banks in Ireland to three with the announcement coming just weeks after Ulster Bank announced its plans to wind down banking operations here. Picture: Leon Farrell/RollingNews.ie

KBC Bank said it will quit operations in Ireland planning to sell its performing loan book to Bank of Ireland.

The move would reduce the number of retail banks in Ireland to three with the announcement coming just weeks after Ulster Bank announced its plans to wind down banking operations here.