I find this quite odd as they've just spent a fortune in opening up branches all over the place and offering current accounts.
I also got a call from a recruiter on Tuesday saying that KBC were desperately looking for a financial planner. Why would they be hiring staff if they may announce pulling out of the Irish market?
The Irish Times reports that some commentators believe that KBC will acquire listed Irish insurer FBD.
FBD would be a natural option alright if they were to move to the Bankassurance model.
I've been saving for a deposit for a house. My savings are with KBC. Should I move them?
My savings are with KBC. Should I move them?
...I also got a call from a recruiter on Tuesday saying that KBC were desperately looking for a financial planner. Why would they be hiring staff if they may announce pulling out of the Irish market? ...
Would the likes of Friends First be a possible suitor ?
One of the media articles speculated that a "Friends First partnership" was a possibility.
i have a tracker mortgage with KBC homeloans and after watching rte's "the big irish sell off" programme earlier this week, should i be worried?
No. Firstly, there remains a good chance that KBC will stay. Even if KBC don't stay, whoever ends up with your tracker mortgage will need to fully honour the terms of the mortgage.
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