Belgian bank KBC sees its Irish loan provisions closer to €400 million than €300 million as its ratio of non-performing loans grew, its chief executive said.
Johan Thijs was speaking on a conference call and his comments were reported by Bloomberg News. He said that first quarter Irish loan loss provisions were €99 million, following total provisions of €547 million in 2012.
In the first quarter, the bank’s ratio of non performing loans was 24.0 per...
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