KBC to exit Irish market
KBC to follow Ulster Bank as latest lender to leave Ireland as it enters talks with Bank of Ireland about the acquisition of its business
KBC Bank Ireland is set to become the latest lender to exit the Irish market after entering talks with Bank of Ireland about the acquisition of its business.
In a joint statement issued this morning, the two lenders said they had entered into a memorandum of understanding “expressing the parties’ intention to explore a route that could potentially lead to a transaction whereby Bank of Ireland commits to acquire substantially all of KBC Bank Ireland’s...
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