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KBC said its net profit fell 4% to €925m in April-June from a year earlier

KBC upbeat on interest income as loan demand picks up

Belgian bank KBC has raised its 2024 growth forecasts for lending and net interest income (NII) after they drove stronger than expected second-quarter profits.

Business • 09 Aug 24

KBC Bank Group chief executive Johan Thijs

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 a capital relief of about €1 billion for the Belgian lender.

Business • 09 Feb 23

Permanent TSB's outlook more favourable than expected

Permanent TSB said it has opened more than 100,000 new current accounts and 35,000 new deposit accounts so far in 2022.

Business • 11 Nov 22

Belgium's KBC Bank posted after tax profits of €776m for the third quarter of 2022

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

KBC Bank announced last year that it was leaving the Irish market and stopped all new business here last month

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

The bank is aiming to have transactions cease by the end of August next year

KBC customers being given notice to close accounts

KBC Bank Ireland is to begin writing to customers from today to tell them that they have six months to shut their accounts ahead of its exit from the Irish market.

Business • 01 Jun 22

The Oireachtas Finance Committee has been assessing the impact on customers from the withdrawal of Ulster Bank and KBC from the Irish Market

Ulster Bank expects to cease transactions by March 2023

Ulster Bank expects to cease transactions with customers by the end of March 2023, the Oireachtas Committee on Finance has heard.

Business • 18 May 22

KBC Group has been present in the Bulgarian financial sector since 2007

KBC Bank buys Bulgaria's Raiffeisenbank for €1 billion

Belgium-based KBC Bank and Austria-based Raiffeisen Bank International have agreed a deal for KBC to buy 100% of the shares of Raiffeisenbank (Bulgaria) for over €1 billion.

Business • 15 Nov 21

KBC Bank posts Q3 profits of €601m ahead of Irish exit

KBC Bank has reported profits of €601m for the third quarter of this year, despite a €319m negative one-off impact related to its pending sale deals in Ireland as the bank prepares to leave the Irish market.

Business • 12 Nov 21

FSU refers KBC to WRC over branch closures

The Financial Services Union has referred the ongoing dispute with KBC Bank over the closure of branches to the Workplace Relations Commission.

Business • 08 Oct 20

Using contactless - including Apple Pay and Google Pay - is still a lot cheaper than regular card or cash, but there are ways to eliminate fees completely

Bank charges: How to cut the fees you pay to your bank

AIB this week announced changes to its current account fees - ending free banking for many and introducing a charge on contactless payments for the first time. But there are ways to reduce - or eliminate - the amount you're paying to your bank, writes Adam Maguire.

Business • 14 Mar 20

The bank says the newly reduced rates will appeal to a broad range of customers

KBC cuts 3 and 5-year fixed mortgage rates

KBC Bank has announced reductions of between 0.2% and 0.3% to its 3 and 5-year fixed mortgage rates, effective from March 1, 2020.

Business • 18 Feb 20

Johan Thijs said he would like to personally and sincerely apologise

KBC CEO offers 'sincere apology' for tracker comments

The chief executive of KBC Group has offered a "sincere apology" for his comments in relation to the Central Bank inquiry into the tracker mortgage controversy.

Business • 15 Nov 19

KBC Bank said it is determined to secure the best outcomes for all customers impacted by the tracker examination

KBC will not contest time limits on tracker complaints

KBC Bank Ireland has said it will not challenge time limitations in respect to tracker mortgage complaints with the Financial Services and Pensions Ombudsman.

Business • 27 Aug 19

Investigation into fire at KBC Bank in Dublin

An investigation is under way into a fire at the KBC Bank building in Dublin last night.

Dublin • 21 Dec 18

Mattie McGrath, Carol Nolan and Michael Collins have been in the Baggot Street branch since 2pm

TDs stage protest at KBC branch over mortgage arrears

Three independent TDs are protesting at a branch of KBC Bank in Dublin over the eviction of people from a house in Co Roscommon last week.

Ireland • 19 Dec 18

KBC Bank said the new fixed rates are being offered to both new and existing customers

KBC Bank to cut fixed mortgage rates

KBC Bank has announced a reduction in its fixed mortgage rates for homebuyers and switchers who seek greater certainty in their repayments over the longer term.

Business • 17 Jul 18

Belgium-based KBC Group recorded a net profit of €556m in the first quarter of this year

KBC Bank Ireland's net profits fall in first quarter

KBC Bank Ireland has recorded a net profit of €59m for the first quarter of this year, down on the €70.4m reported this time last year.

Business • 17 May 18

Bank of Ireland said yesterday it had identified another 6,000 customers who were wrongly removed from their tracker mortgages

Banks don't rule out further impacted tracker accounts

Banks caught up in the tracker mortgage scandal have not ruled out identifying more impacted accounts.

Business • 10 Nov 17

Frances Fitzgerald said deadlines are now in place for the banks to address the issue

Trust in banks 'deeply shattered' - Tánaiste

Tánaiste Frances Fitzgerald has said trust in the banks had been deeply shattered by the tracker mortgage scandal.

News • 26 Oct 17

In many cases people ended up paying hundreds of euro more than they had to on a monthly basis to service their mortgages

Explainer: The tracker mortgage scandal

Answers to some of the common questions surrounding the tracker mortgage scandal

news highlights • 27 Oct 17

About eight in ten business leaders surveyed now say they have a sense of the likely impact Brexit will have on their operations

Business sentiment notably higher during summer months

Irish business sentiment improved notably in the summer months, according to the latest index from KBC Bank and Chartered Accountants Ireland.

Business • 23 Aug 17

A clear slowdown in the pace of increase in activity and employment was reported by companies, particularly by those selling consumer goods and services

Business environment stabilises in Q3 - KBC study

After a sharp drop-off in business sentiment in the summer period, the environment settled somewhat in the autumn, according to the latest index from KBC Bank and Chartered Accountants Ireland.

Business • 01 Nov 16

The uncertainty over Brexit was the principle concern among businesses in the latest survey

Business sentiment at 3.5-year low - KBC/CAI study

Business sentiment has fallen to its lowest level in three and a half years, according to the latest sentiment index from KBC Bank and Chartered Accountants Ireland.

Business • 18 Aug 16

KBC Bank Ireland/ESRI consumer sentiment index fell from 105.8 to 100.6 in March

Consumer sentiment at six month low in March

Consumer sentiment weakened in March on the back of increased economic uncertainty both at home and internationally, a new index shows today.

Business • 06 Apr 16