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KBC said its net profit fell 1% from a year earlier to €868m in the quarter ended September 30

KBC's Q3 profit beats view on net interest income boost

Belgian bank KBC has today beaten third-quarter profit forecasts, helped by a rise in net interest income, and net fee and commission income.

Business • 07 Nov 24

Three years ago the bank announced it planned to exit the Irish market.

KBC returns licence to operate as bank in Ireland

KBC has officially returned its licence to operate as a bank in Ireland to the regulator, bringing to an end to the lender's five-decade long connection with the country.

Business • 30 Apr 24

The total number of accounts closed since the beginning of 2022 at these two banks stands at 1,133,524.

94% of Ulster Bank and KBC current accounts now closed

Just over 94% of current accounts at exiting Ulster Bank and KBC are now closed, new figures from the Central Bank show.

Business • 16 Jun 23

Cash services are one of the many topics covered in the committee's report

Oireachtas committee wants bankers' pay cap to remain

Restrictions on banking remuneration should remain in place, including the €500,000 cap on an employee's annual pay, an Oireachtas committee has recommended.

Business • 18 Jan 23

KBC Bank is in the process of winding down its operations in Ireland

Just 10% of KBC current accounts closed since May

Just 10% of current accounts at KBC Bank Ireland have been closed by its customers since May, the bank has told an Oireachtas committee.

Business • 19 Oct 22

The CCPC has set out recommendations about how to make the banking market more competitive

Concentration in banking market a concern - CCPC

The competition watchdog has said it is concerned by the impending increase in the concentration levels of the retail banking sector in Ireland as a result of the exits of KBC and Ulster Bank.

Business • 31 Aug 22

BoI said fraudsters will try to introduce a sense of urgency to persuade consumers to give away their banking details.

Fraudsters to target those switching banks, BoI warns

Bank of Ireland is warning those switching banks over the coming months to watch out for scams.

Business • 16 May 22

Seven in ten of those surveyed said digital channels were their main means of contact with their bank

Banking research reveals huge dependency on main banks

Just 1% of people here have their main current account with a digital bank, a survey of consumers carried out on behalf of the Department of Finance has found.

Business • 16 May 22

Half a million Ulster Bank and KBC customers will be looking to set up new accounts, according to BPFI.

Consider all providers when switching banks, BPFI says

Over 100,000 current accounts have been opened by AIB, Bank of Ireland and Permanent TSB in the first three months of this year, as customers of Ulster Bank and KBC begin switching - ahead of the withdrawal of the two banks from the Irish market.

Business • 19 Apr 22

Ulster Bank is exiting the Irish banking market this year

How switching bank may not be as simple as you think

Mary* has been a customer with Ulster Bank for 30 years.

Business • 18 Mar 22

Details of the proposed deal first emerged in April

CCPC opens Phase 2 probe into KBC and BoI's loan deal

The Competition and Consumer Protection Commission is to carry out a more in-depth probe of Bank of Ireland's plan to buy KBC Bank Ireland's performing loans and liabilities.

Business • 20 Oct 21

The redundancy terms include six weeks basic pay per year of service, in addition to statutory redundancy

KBC shares updated redundancy terms with staff

KBC Bank Ireland has shared its updated redundancy terms with its 1,300 staff, following negotiations with the the bank's employee council.

Business • 12 Aug 21

FSU submits objection to proposed sale of KBC loans

The Financial Services Union has lodged a submission with the Competition and Consumer Protection Commission, outlining concerns it has with the proposed sale of the KBC performing loan book to Bank of Ireland.

Business • 07 May 21

The survey suggests that the Brexit deal may have given a limited boost to the January reading

Consumer confidence falls, as Covid worries grow

Consumer confidence fell sharply in January, as the number of Covid-19 cases surged following the Christmas period.

Business • 27 Jan 21

KBC fine highlights need for individual accountability

If the Central Bank says it needs a more clear cut system to enable it to track down individuals in organisations and hold them to account for their actions, then it should get it.

Business • 27 Sep 20

Small changes in your banking habits can make a big dent in the fees you pay

Ten clever ways to reduce your bank charges

In the golden days customers were offered free banking. But unfortunately those days are over for new customers.

Your Money • 07 Aug 18

The improvement in Irish consumer sentiment mirrors stronger readings in comparable recent US indicators

Slight improvement in consumer sentiment in March - KBC

Consumer sentiment improved slightly in March, largely because of a slight easing of concerns about household finances, according to the latest consumer sentiment survey from KBC/ESRI.

Business • 31 Mar 17

KBC Bank Ireland employs about 1,000 people around the country

KBC committed to 'long term investment' in Ireland

Belgian bank KBC has said it will retain its business in Ireland and is committed to "long term investment in Ireland".

Business • 09 Feb 17

The 3.8% drop was smaller than the monthly declines seen in either March or May and was ahead of expectations

July consumer sentiment fall lower than expected

Irish consumer sentiment fell in July following the UK’s decision to leave the EU, but the scale of the drop was not as bad as may have been expected – according to a new survey.

Business • 03 Aug 16

The Bank also said it is discontinuing its Smart Access Demand and Select Access Demand accounts for new business customers from the end of February

KBC reducing interest rates on business accounts

KBC Bank Ireland has announced it is reducing the annual equivalent interest rate for business customers on Smart Access Demand accounts from 0.85% to 0.5%, and from 0.5% to 0.25% on Select Access Demand accounts.

Business • 19 Feb 16

The issue has arisen because KBC is in danger of breaching new Central Bank regulations on mortgage lending

KBC asks customers to postpone drawing down loans

KBC Bank has asked some of its mortgage customers, to whom it has given mortgage approval, if they can postpone drawing down the loans until next year, RTÉ News has learned.

Business • 10 Nov 15

The survey shows consumers are notably more positive about the general economic environment than their own household finances

Consumer sentiment slightly higher in October

Irish consumer sentiment edged higher in October, reversing a slight weakening seen in September.

Business • 04 Nov 15

The new rate will be applied to all existing customers, irrespective of loan to value or repayment status

KBC to reduce standard variable rate to 4.25%

KBC Bank Ireland has announced it will reduce its standard variable rate for all mortgage customers by a quarter of a percent to 4.25%.

Business • 01 Oct 15

KCB Bank/ESRI consumer sentiment index rose to 102.8 in June from 98.5 in May

Consumer sentiment rises to nine year high in June

Consumer sentiment has risen to its highest level in nine years on the prospect of tax cuts in the Budget as well as expected public sector pay increases.

Business • 02 Jul 15

The Dublin Economic Monitor is a joint initiative of the four Dublin local authorities

New Dublin Economic Monitor eyes more improvements

Dublin is leading the national recovery with more improvements expected over the next year, a new quarterly economic report focused on the Dublin economy says.

Business • 23 Apr 15