Almost all KBC branches have closed permanently KBC Bank Ireland has permanently closed all bar one of its remaining branches or hubs around the country. Business • 10 Mar
40% rise in number of new accounts opened in January New figures from the Central Bank show that the number of account closures at Ulster Bank and KBC Bank Ireland rose in January from December … Business • 17 Feb
KBC's Irish sale will result in capital relief of €1 bn KBC Bank said today that the closing of the sale of its Irish performing loan assets and liabilities to Bank of Ireland will lead to … Business • 09 Feb
Ulster Bank freezes 126,000 accounts ahead of exit 126,000 Ulster Bank accounts have been frozen since the departing lender began the process of winding down customers' use of its services in November. Business • 01 Feb
923,632 new bank accounts opened last year New figures from the Central Bank show that a total of 361,790 current accounts remained open in Ulster Bank and KBC Bank Ireland at the … Business • 24 Jan
1 in 8 remaining Ulster and KBC customers still to act Around one in eight remaining current account customers of Ulster Bank and KBC Bank Ireland have yet to open an account with another provider ahead … Business • 20 Jan
Major change the predominant theme in banking in 2022 If 2021 was an earthquake year in Irish banking, when two banks stunned consumers by announcing plans to leave the market, then 2022 might best … Business • 27 Dec 22
Less than half of departing bank accounts closed so far The rate at which customers of Ulster Bank and KBC Bank Ireland are closing their accounts slowed last month, according to the latest data compiled … Business • 13 Dec 22
Ulster Bank and KBC customers urged to update Revenue Taxback.com is urging former Ulster Bank and KBC Bank Ireland customers to immediately update their new bank account details with Revenue. Business • 18 Nov 22
First Ulster Bank accounts to be frozen from today Ulster Bank will today begin freezing the first tranche of customer accounts, as part of its phased withdrawal from the country. Business • 11 Nov 22
Insurance policies could be impacted by exit of banks Insurers have urged customers of Ulster Bank and KBC Bank Ireland to be aware of the risks for their insurance and pension policies posed by … Business • 09 Nov 22
KBC Bank's third quarter net interest income up 4% Belgium's KBC Bank has today reported after tax profits of €776m for the third quarter of 2022, up from €601m the same time last year. Business • 09 Nov 22
1 in 8 switchers yet to decide on new banking provider One in eight consumers who are in the position of having to switch banking providers, because of the impending departure of Ulster Bank and KBC, … Business • 02 Nov 22
853,000 Ulster Bank and KBC accounts remain open Almost 381,000 accounts have been closed at Ulster Bank and KBC Bank Ireland since the start of the year, new data from the Central Bank … Business • 12 Oct 22
434,000 new current accounts opened as banks exit The main retail banks, An Post Money and Credit Unions have opened 434,000 personal current accounts so far this year, as customers of Ulster Bank … Business • 04 Oct 22
Customers moving banks urged to transfer direct debits Just 30% of customers who are switching banks due to the exit of Ulster Bank and KBC from the Irish market have started transferring their … Business • 21 Sep 22
Quarter of Ulster and KBC bank accounts closed so far Just a quarter of Ulster Bank and KBC accounts have been closed since the start of this year, despite intense efforts by the two lenders … Business • 09 Sep 22
Most KBC Bank Ireland hubs to close in March KBC Bank Ireland said that 11 of its hubs around the country will close permanently on March 10, 2023 as part of its withdrawal from … Business • 09 Sep 22
Firms advised to act early on moving banks Businesses are being advised to act early if they need to establish new banking arrangements in the months ahead. Business • 30 Aug 22
365,000 new current accounts opened as banks exit The main retail banks, An Post Money and Credit Unions have opened 365,000 personal current accounts so far this year, as customers of Ulster Bank … Business • 24 Aug 22
KBC/BoI talks began four months before deal announced KBC Bank Ireland held initial discussions with Bank of Ireland in late 2020 about the possibility of selling it some of its assets, a new … Business • 16 Aug 22
Permanent TSB to spend €2m in moving campaign Permanent TSB plans to spend over €2m in a marketing campaign to support customers moving bank as Ulster Bank and KCB Bank Ireland both exit … Business • 11 Aug 22
KBC Bank sees higher loan loss impairments in Q2 KBC Bank has reported a second quarter net result of €811m, up from €793 the same time last year. Business • 11 Aug 22
Ulster Bank credit card customers get 6 months' notice Ulster Bank is to begin writing to its 75,000 credit card customers next month to give them six months notice to find a new provider … Business • 09 Aug 22
297,000 new current accounts opened as banks exit The main retail banks have opened 297,000 personal current accounts so far this year, as customers of Ulster Bank and KBC Bank Ireland continue switching … Business • 05 Aug 22