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KBC signals interest in Irish deals as it commits to market
KBC signals interest in Irish deals as it commits to market
Banking giant says it will make Republic one of its ‘core countries’ following profit surge.
KBC Group signalled its interest in mergers and acquisitions in Ireland after the Belgian banking giant affirmed its commitment to the Republic on Thursday, drawing a line under more than two years of speculation about its future in the market.
The group, which has more than 1,000 employees in the Republic, where it has been established since 1978, accompanied its full-year results on Thursday morning by saying it will make Ireland one of its six “core countries” as it is “a sound and attractive market in which we wish to play a more active role”.
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