Market Watch: Belgians had been feeling queasy about staying in a challenging market
Move comes weeks after Ulster Bank announcement, to reduce market to just three major retail banks
Ales Blazek to replace Peter Roebben, who is to head up Bulgarian business
Irish subsidiary of Belgian bank made a €48m net loss in 2020
PTSB and EBS have also refunded legal costs after Central Bank intervention in late 2019
Yet another review likely to decide if lender has a future in Irish market
FSU in dispute with Belgian lender for failing to address workers’ concerns
Bank has more than €1.5bn of impaired loans, mainly owner-occupier mortgages
Seeing the sector as a competition between banks is a narrow view, says Peter Roebben
Irish lenders have the capital reserves to weather the Covid-19 storm but expect bank charges to start rising
Bank has begun dealing with applications to assist people affected by the coronavirus
Belgian bank freed up less bad-loan provisions than in 2018
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