Mortgage customers may be forced to pay higher interest rates as a result of Bank of Ireland’s landmark purchase of billions of euro of KBC Bank assets, the competition watchdog warned before signing off on the deal.
In its assessment of Bank of Ireland’s €9 billion acquisition of KBC loans, the Competition and Consumer Protection Commission said the deal was “likely to further reduce competition” in an already highly concentrated market and potentially push ...
Source: News Formal (newsformal.com)
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