![]() “We have reached an agreement with Bank of Ireland Group regarding the potential sale to Bank of Ireland Group of substantially all of the performing loan assets and liabilities of KBC Bank Ireland,” he said. It said the plan will not impact on customers’ products or services and they do not need to take any action as a result of this announcement.Īnnouncing the plans, KBC Group CEO, Johan Thijs, said the bank had come to its decision, “given the challenging operational context for European banks.” KBC said it remains committed to offering its customers, "services of the highest level through its digital channels and hubs" while the negotiations are ongoing. ![]() ![]() The bank’s non-performing mortgage loan portfolio is not part of the proposed deal and KBC said it is currently reviewing its options for their sale. The banks will also have to obtain regulatory approval for the deal to go ahead.
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