Bank of Ireland has completed its acquisition close to €9 billion worth of loans and deposits from KBC Bank Ireland.
In a stock market update on Friday evening, the lender confirmed it had concluded the deal, which saw it has acquire a €7.8 billion loan portfolio as well as €1.8 billion in deposit accounts. The KBC loan book consists of €7.6 billion of performing mortgages, around €100 million in SME and consumer loans, as well ...
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KBC closes major deal with Bank of Ireland ahead of Irish market exitBank of Ireland and KBC have completed a major transfer of assets as the latter bank prepares to pull out of Ireland
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BOI completes acquisition of KBC portfoliosBank of Ireland has confirmed that its acquisition of a number of portfolios from departing lender, KBC Bank Ireland, has been completed.
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