Aug. 10, 2017, 6:52 a.m.
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Donal O'Donovan
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August 10 2017 7:46 AM


KBC Bank Ireland has reported profits of €102.7m for the three months to the end of June, compared to just under €40m in the same period last year.

The banks said customer numbers are now at a record high of 250,000 in Ireland.
New mortgage lending in the first six months of 2017 rose 29pc to €333m, the bank said.
Mortgage arrears cases fell by close to a fifth in the same period, the bank said, with nine out of 10 cases having now been offered a restructuring arrangement.
Read more: KBC boss says help-to-buy scheme boosted house prices
Belgian parent KBC Group ended the second quarter of 2017 with a net profit of €855m, pushing first half profits to €1.485bn - up a third on the same period last year.
In Ireland, the bank reported a net profit of €102.7m after tax and impairments for the second quarter.
The boosted net profit for the first six months of the year to €173.1m after tax and impairments, up €99.4m compared to the six months to June 2016.

http://www.independent.ie/business/irish/three-months-profits-at-kbc-ireland-pass-100m-mark-36018083.html