The acquisition of KBC’s Irish mortgage book could prove a profitable, albeit temporary, opportunity to invest excess capital. However, we do not see the further strengthening of BOI’s duopolistic position as good news from a fundamental standpoint.
16 Apr 2021
Acquisition of KBC’s mortgage book
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Acquisition of KBC’s mortgage book
Bank of Ireland Group Plc (BIRG:DUB) | 0 0 (-1.3%) | Mkt Cap: 1,983m
- Published:
16 Apr 2021 -
Author:
David Grinsztajn -
Pages:
2
The acquisition of KBC’s Irish mortgage book could prove a profitable, albeit temporary, opportunity to invest excess capital. However, we do not see the further strengthening of BOI’s duopolistic position as good news from a fundamental standpoint.