Oireachtas Joint and Select Committees

Tuesday, 10 July 2018

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

Matters Relating to the Banking Sector: KBC Bank

2:00 pm

Mr. Wim Verbraeken:

We did not make any payments in 2015 or 2016. I would point out that KBC Group has injected more than €1.5 billion in additional capital since the crisis. The €220 million we paid in 2017 is a small return on the financial support we received from the group.