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Wednesday, June 29, 2022

Bank of Ireland deal helped Dilosk and Finance Ireland through rate cuts

The Bank of Ireland will have to help its competitors – Dilosk and Finance Ireland – finance the purchase of KBC’s mortgage book in the form of a €1bn funding pot.

That mortgage pop – split 50:50 between the two non-banks – is the only major measure imposed on the Bank of Ireland by the Competition and Consumer Protection Commission (CCPC) as a condition for a deal to buy an approximately €9bn mortgage and loan. is in the form. From KBC.

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