M/21/021–Bank of Ireland/Certain Assets of KBC

Transaction details

The proposed acquisition by The Governor and Company of the Bank of Ireland, of certain assets and liabilities of KBC Bank Ireland plc has been cleared by the Competition and Consumer Protection Commission subject to legally binding commitments.

Notification date Decision date
Friday April 16, 2021 Monday, May 23, 2022
Parties Involved Business activities
Bank of Ireland

Bank of Ireland is a financial services group providing a broad range of banking and other financial services with offices in the State, the United Kingdom, the United States of America, Germany, France and Spain.

KBC Bank Ireland plc

KBC Bank Ireland plc ("KBCI") is an indirectly wholly owned subsidiary of KBC Group N.V. KBCI is active in the provision of banking and financial services in the State.

Economic sector Media merger
Financial and Insurance Services No
Submissions from third parties due by:
Phase 1 Phase 2
Tuesday, May 4, 2021 Wednesday, November 10, 2021
Date of Requirement for Information Date Information Received
Monday, November 22, 2021 Friday, January 21, 2022
Current status: Completed
Cleared (Phase 2)
Authorised Officer Assigned Contact Details
Craig Whelan

Phone: 01 4025 504
email craigwhelan@ccpc.ie

Media enquiries: communications@ccpc.ie

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