KBC announce provision of €54.5m to deal with tracker mortgage scandal

KBC Bank has announced that a provision of €54.5m has been set aside to deal with the tracker mortgage scandal.

KBC announce provision of €54.5m to deal with tracker mortgage scandal

KBC Bank has announced that a provision of €54.5m has been set aside to deal with the tracker mortgage scandal.

It is thought more than 1,600 customers were overcharged or wrongly denied a tracker rate.

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