KBC announces mortgage rate hike

KBC Bank Ireland has announced that it is to increase its standard variable mortgage rate by 0.2%.

Wed, 11 Aug, 2010 - 16:43

KBC Bank Ireland has announced that it is to increase its standard variable mortgage rate by 0.2%.

The bank, a subsidiary of Brussels-based KBC Group, is the latest to raise its mortgage interest rates following a variable rate hike announced by AIB on Monday and a similar move by Bank of Ireland last week.

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Courts Interest rate increase Place: Brussels Place: Ireland Place: Dublin Place: Belfast Place: Cork Place: Galway Place: Limerick Person: John Delaney Organisation: KBC Organisation: KBC Bank Ireland Organisation: KBC Group Organisation: AIB Organisation: Bank of Ireland Organisation: KBC Homeloans’

<p>Jim O'Callaghan was speaking at the annual Liam Lynch commemoration in Fermoy, Co Cork, on Sunday. Picture: Brian Lawless/PA</p>

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