KBC Bank Ireland plc is a bank in

Ireland Ireland ( ; ga, Éire ; Ulster Scots dialect, Ulster-Scots: ) is an island in the Atlantic Ocean, North Atlantic Ocean, in Northwestern Europe, north-western Europe. It is separated from Great Britain to its east by the North Channel (Grea ...

with offices in

Dublin Dublin (; , or ) is the capital and largest city of Republic of Ireland, Ireland. On a bay at the mouth of the River Liffey, it is in the Provinces of Ireland, province of Leinster, bordered on the south by the Dublin Mountains, a part of th ...

Cork Cork or CORK may refer to: Materials * Cork (material), an impermeable buoyant plant product ** Cork (plug), a cylindrical or conical object used to seal a container ***Wine cork Places Ireland * Cork (city) ** Metropolitan Cork, also known as G ...

Limerick Limerick ( ; ga, Luimneach ) is a western city in Ireland situated within County Limerick. It is in the province of Munster and is located in the Mid-West which comprises part of the Southern Region. With a population of 94,192 at the 2016 ...

Galway Galway ( ; ga, Gaillimh, ) is a City status in Ireland, city in the West Region, Ireland, West of Ireland, in the Provinces of Ireland, province of Connacht, which is the county town of County Galway. It lies on the River Corrib between Lo ...

Waterford "Waterford remains the untaken city" , mapsize = 220px , pushpin_map = Ireland#Europe , pushpin_map_caption = Location within Ireland##Location within Europe , pushpin_relief = 1 , coordinates ...

and

Belfast Belfast ( , ; from ga, Béal Feirste , meaning 'mouth of the sand-bank ford') is the capital and largest city of Northern Ireland, standing on the banks of the River Lagan on the east coast. It is the 12th-largest city in the United Kingdo ...

. It was established in 1972 as ''Irish Intercontinental Bank''. In 1978

KBC Bank KBC Group is a Belgian universal multi-channel bank-insurer, focusing on private clients and small and medium-sized enterprises in Belgium, Bulgaria, Czech Republic, Hungary, and Slovakia. It was created in 1998 through the merger of Kredietbank ...

, which is headquartered in

Brussels Brussels (french: Bruxelles or ; nl, Brussel ), officially the Brussels-Capital Region (All text and all but one graphic show the English name as Brussels-Capital Region.) (french: link=no, Région de Bruxelles-Capitale; nl, link=no, Bruss ...

, acquired a 75% interest.

acquired a full 100% shareholding in IIB in 1999, and in 2000 the bank's name changed to IIB Bank. On 27 October 2008, the 30th anniversary of KBC's majority ownership, the bank was renamed KBC Bank Ireland plc. KBC Bank Ireland provides a wide range of banking services including Corporate, Commercial and Business Banking,

Private Banking Private banking is banking, investment and other financial services provided by banks and financial institutions primarily serving high-net-worth individuals (HNWIs)—defined as those with very high levels of income or sizable assets. A bank that ...

and Treasury &

Capital Markets A capital market is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold, in contrast to a money market where short-term debt is bought and sold. Capital markets channel the wealth of savers to ...

. Its

mortgage A mortgage loan or simply mortgage (), in civil law jurisdicions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any pu ...

division,

KBC Homeloans KBC may refer to: Broadcasting * KBC (TV channel), Algeria * Kenya Broadcasting Corporation * Kwangju Broadcasting Corporation, South Korea * Kyushu Asahi Broadcasting, a Japanese station referred to as KBC Companies * KBC Advanced Technologie ...

, is a leading mortgage provider in Ireland. KBC began operating a branch network in 2012 with a further build-out in 2014. This follows the exit of

Halifax Ireland Bank of Scotland (Ireland) Limited was a wholly owned subsidiary of the Bank of Scotland, which later became part of Lloyds Banking Group. It offered commercial and corporate banking services under the Bank of Scotland brand and retail banking se ...

and

Danske Bank Danske Bank A/S is a Danish multinational banking and financial services corporation. Headquartered in Copenhagen, it is the largest bank in Denmark and a major retail bank in the northern European region with over 5 million retail customers. ...

from the Irish retail market, with some branches being located in former locations of those banks. KBC initiated a high-profile property repossession in Strokestown, in County Roscommon in December 2018. Following this, there was a violent attack by a gang of masked men on the team employed by KBC to occupy the house. In April 2021, KBC entered into talks with Bank of Ireland to sell its performing loan book and announced its intention to withdraw from Ireland.

KBC in Ireland

KBC has 1000+ employees in Ireland in the following companies: *KBC Bank Ireland plc *KBC Fund Management

References

External links

Annual Reports
KBC Ireland
KBC HomeloansKBC IrelandKBC Bank & Insurance Group
(Archived) {{Authority control Irish companies established in 1973 Banks of Ireland Financial services in the Republic of Ireland Banks of Northern Ireland Banks established in 1973 Irish subsidiaries of foreign companies