KBC Bank Ireland

KBC Bank Ireland plc is a bank in Ireland with offices in Dublin, Cork, Limerick, Galway and Belfast.

KBC Ireland Bank plc
Public
IndustryFinance
FoundedFebruary 14, 1973 (1973-02-14) in Dublin, Ireland
HeadquartersDublin, Cork, Limerick, Galway, Belfast
Key people
Wim Verbraeken (CEO)
ProductsMultiple banking products
Total assetsLoan Book of €10 Billion and Deposits of €5 Billion (2016)
Number of employees
1000 (2016)
Websitewww.kbc.ie

It was established in 1973 as Irish Intercontinental Bank. In 1978 KBC Bank, which is headquartered in Brussels, acquired a 75% interest. KBC Bank acquired a full 100% shareholding in IIB in 1999, and in 2000 changed the bank's name 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 and Treasury & Capital Markets. Its mortgage division, KBC Homeloans, is a leading mortgage provider in Ireland.

KBC began operating a branch network in 2012 [1] with a further build-out in 2014.[2] This follows the exit of Halifax Ireland and Danske Bank from the Irish retail market, with some branches being located in former locations of those banks.

KBC initiated a high profile violent property repossession in Strokestown, in County Roscommon in December 2018. [3]

KBC in Ireland

KBC has 1000+ employees in Ireland in the following companies:

  • KBC Bank Ireland plc
  • KBC Fund Management
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References
  1. "KBC Bank Ireland opens first retail branch". RTÉ News. 10 December 2012.
  2. KBC Bank expands Irish retail network Business World, 12 August 2014 (Archived by Wayback Machine on 12 August 2014)
  3. "Roscommon eviction: family member weighs case against KBC". The Irish Times. 3 January 2019.
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