KBC Ireland reports fall in 2008 profit and €55m charge for bad loans
Mar 26th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
KBC Ireland, the Irish subsidiary of Belgian bank KBC, has reported after-tax profits of €103m for last year, a drop of 25% from 2007. The bank today reported a €55m charge for bad loans, while costs linked to financial market turbulence knocked €35m off profits.
