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PTSB’s non-performing loans amounted to €1.1 billion at the end of March, in line with where they stood at the end of last year. File photograph: Alan Betson

Permanent TSB said on Wednesday that its share of the Irish mortgage market rose to 17.9 per cent in the first quarter of the year as new lending pick(...)

The S&P 500 hovered near record highs on Thursday. Photograph: The New York Times

European stocks ended lower on Thursday, even as bank shares hit 14-month highs on strong quarterly earnings, as a rise in euro-zone bond yields saw i(...)

Ulster Bank swung to an operating profit as the bank  freed up money that was previously set aside to cover bad loans. Photograph: Alan Betson

Ulster Bank swung into an operating profit of €13 million in the Republic in the first quarter of the year as it freed up money that was previously se(...)

HSBC cautioned that uncertainty about a global recovery meant it was unlikely to sustain that level of reduction in the $3 billion bad debt provision it had set aside a year ago. Photograph: iStock

HSBC Holdings reported better-than-expected quarterly profit on Tuesday and released $400 million it had set aside to cover pandemic-induced bad loans(...)

Belgian-owned KBC Bank Ireland announced less than two weeks ago that it was in talks to sell most of its loans and deposits to Bank of Ireland.

Originally introduced in 2014 by then minister for finance Michael Noonan, for three years to ensure banks made a “contribution” to a recovering econo(...)

A KBC Bank branch in Dublin city centre. Photograph: Brian Lawless/PA Wire

When the European Commission ordered Belgian financial giant KBC Group in late 2009 to sell a number of businesses and shrink its balance sheet as pen(...)

KBC has about 1,300 employees and 12 branches, or hubs, in the Republic. File photograph: The Irish Times

Belgian financial services giant KBC Group is poised to release about €1 billion of expensive capital tied up in its Irish operation as it sells its l(...)

KBC Bank Ireland’s headquarters on Sandwith Street, Dublin. Photograph: Nick Bradshaw

The Financial Services Union (FSU) has called on KBC Bank Ireland and Bank of Ireland to clarify whether employees at the Belgian-owned bank will be a(...)

KBC is following NatWest, Ulster Bank’s owner, out the door. And we are left with a semi-State banking sector. Photograph: Brian Lawless/PA Wire

So here’s the question. We have the second-highest mortgage rates in the euro zone, and personal and bank customers generally pay high fees and charge(...)

KBC has announced its intention quit the Republic after more than four decades of doing business here

So, another bank bites the dust then? Well, sort of. KBC has announced its intention quit the Republic after more than four decades of doing business(...)

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