KBC Bank's Irish profits up as loans picture improves

Higher house prices led to €1m loan loss writeback

11th August, 2016
Impaired loans picture improves at KBC Bank Ireland

KBC Bank Ireland has reported an after-tax profit of €39.5m for the second quarter of this year, more than double the €17.8m recorded in the same period last year.

Earlier, its Belgian parent bank reported an after-tax for Ireland

of €30m for the quarter of 2016, up from €2m in the same quarter last year. The difference is due to notional costs attributed to the Irish business which are included in the KBC...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Deirdre Mortell: We need to talk about gender equality every day, not just today

Mary Lawlor: Women who defend human rights take immense risks for little recognition

World Mary Lawlor 9 hours ago

Johnny Ward: How one photograph knocked Irish horse racing off its stride

Sport Johnny Ward 1 day ago

Brian Keegan: Sunak’s tax hikes should be watched in Ireland

Tax Brian Keegan 1 day ago