Oireachtas Joint and Select Committees

Tuesday, 21 May 2019

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Matters Relating to the Banking Sector (Resumed): KBC Bank

Mr. Peter Roebben:

We are part of a publicly quoted group so we do not do it. We are quite satisfied with the results of the first quarter. They were strong. The net profit was less than last year, when it was €54 million. What this represents is the picture reflecting our position as a pure play retail bank and soon to be micro-SME bank. We are almost finished the process of disengaging from corporate lending.

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