![]() The two banks announced on Friday morning they had entered into a binding agreement for the portfolio of performing mortgages worth €8.8 billion as well as €4.4 billion of deposits.Ībout €100 million of performing commercial and consumer loans are also included. Bank of Ireland is to acquire all of the performing loan assets and deposits of KBC Bank Ireland for about €5 billion as the Belgian lender continues to wind down its Irish operations ahead of its exit from the market.
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