KBC Group

KBC moves first as banks put on the naughty step

Regulator getting increasingly annoyed as customer stress levels rise

KBC extends notice period for current account closure to six months

Customers were previously told they would have 90 days to switch provider

Watchdog clears AIB’s deal for Ulster loan book but highlights ‘concerns’

Banking customers may be affected by consolidation, competition regulator warns

Central Bank warns banks to do more to help customers move accounts

Regulator summons bank chiefs to meeting over KBC and Ulster Bank account transfers

Francesca McDonagh to step down as Bank of Ireland chief executive

Executive is expected to join another European financial institution

Colin Hunt: Green transition ‘is the biggest opportunity in the history of global banking’

AIB is emerging from the pandemic in a strong position given its earnings potential and rising interest rates

Consumer sentiment falls to 18-month low as cost-of-living concerns intensify

Majority of Irish consumers now fear economy will be weaker in 12 months’ time

Home improvements: How to get cheap finance as building costs rise

Despite soaring costs, demand for refurb or retrofit remains high – but money is available

The stress of tackling big debts head on: ‘You don’t want to be a failure’

The State’s decade-old personal insolvency regime is slowly becoming a less adversarial arena for creditors and debtors

Ulster Bank starts giving six months’ notice to account holders to move

Customers not obliged to take any action until they receive letter or email, bank says

KBC Ireland set to give current account holders 90 days to move

Central Bank concerned banks ‘not where they need to be’ in handling numbers looking to transfer accounts

Big Ulster and KBC switch could be ‘catastrophic’ for those that dally

More than one million current and deposit accounts must find new homes

Pepper to hire 100 people as assets under management surpass €20bn

Company commences recruitment with headcount set to reach 600 by year end

Revolut launches as a bank in Republic with deposit accounts

Fintech’s 1.7m Irish customers can avail of additional services such as personal loans

KBC Bank Ireland chief executive to step down in May

Successor to Aleš Blažek has been identified and will be announced shortly, group said

BoI chief downplays likelihood of loan sales to get nod for KBC deal

Bank says it is responding ‘robustly and fully’ to competition questions

Mortgage figures hide a bigger story

Dramatic rise in switching and remortgaging, but movers become a rarer breed

Consumer sentiment darkens in February amid cloudy outlook

Drop in confidence contained by long-term trend for ‘defensive’ thinking, says KBC Bank

European markets down as investors fret over Ukraine threat

Iseq drops 1.6% on Monday as banks and travel stocks drag it down

Bank customers have to wait up to 2 hours for telephone support – review

Central Bank says it will be putting pressure on institutions to up their game

So what sectors had the most M&A activity?

‘One of the reasons we have been seeing a lot of M&A is the psychology of a typical entrepreneur’

Two-thirds of SMEs say access to credit remains difficult

New research highlights issues for micro-SMEs

KBC Bank Ireland accused of showing ‘complete contempt’ for staff

Lender strongly refutes accusation, claims it has offered staff generous redundancy terms

KBC Ireland posts €298m loss amid slew of market exit costs

Bank books a raft of costs tied to its planned departure from the Irish market

KBC Bank Ireland completes sale of €1.1bn loans portfolio to CarVal

Lender is also in process of selling remaining €9.2bn of Irish loans to Bank of Ireland

Ires Reit sees revenue boost due to State rent subsidies

Seen & Heard: Ardmore establishes new €400m fund to build affordable housing

Revolut to use ECB banking licence to offer personal loans to Irish customers

Digital bank denies rumours move is linked to frustration over regulator’s approach

Irish consumer sentiment lifts with easing of pandemic fears

Latest KBC Bank Ireland index points to rising optimism among consumers

About three-quarters of homes to be delivered by LDA are expected to be cost rental

Organisation’s new chairman to outline plans for over 10,000 new homes

Cormac O’Rourke appointed chair of Land Development Agency

Appointment ends nine-month search for John Moran replacement

Irish banking in 2022: retrenchment, reviews, retribution… and rates

Stock investors bet retreat of Ulster Bank and KBC will give surviving banks a fighting chance

Pricewatch’s 2021: An expensive year for consumers

Covid, Brexit, rising energy costs and supply chain issues combined to put the squeeze on

Eirgrid reopens door for Dublin data centres as IDA chief seeks clarity

Seen & Heard: Broadband fee payments, Akusus jobs; DAA’s raffle upset

Businesses we said goodbye to for good in 2021

Chapters and Rowan Tree cafe will be missed, while the Cobblestone won a reprieve

PTSB and Ulster Bank seek competition clearance for €6.8bn loans deal

Transformational deal would increase PTSB’s loan book by almost 50%

Trezeo purchase signals Monese targeting of Republic

Fintech services offer financial stability to those who don’t receive regular pay cheques

First Citizen reports 2020 loss as it weighs mortgage market entry

Rival Dilosk sees consildated loans more than double to €566m, new figures show

Ulster Bank CEO says problem loans sale unlikely before 2023

Almost 300 Ulster Bank staff have left the exiting lender this year

Irish mortgage customers paying more than twice euro zone average

Latest Central Bank data shows Irish lenders are among the costliest for home loans

Non-bank lenders cut mortgage rates in face of KBC and Ulster exits

Both Avant Money and Finance Ireland reducing rates

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