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Bank of Ireland deal helps Dilosk and Finance Ireland through interest rate pressures

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Bank of Ireland has to help its rivals – Dilosk and Finance Ireland – finance it in €1bn as the price of buying the KBC mortgage book.

The mortgage bang – split 50:50 between the two non-banks – is the only major appeal given to the Bank of Ireland by the Competition and Consumer Protection Commission (CCPC) as a condition of buying around €9 billion worth of mortgages and loans by KBC.

https://www.independent.ie/business/bank-of-ireland-deal-helps-dilosk-and-finance-ireland-through-rates-squeeze-41685662.html Bank of Ireland deal helps Dilosk and Finance Ireland through interest rate pressures

Fry Electronics Team

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