M/21/021–Bank of Ireland/Certain Assets of KBC
Transaction details
The proposed acquisition by The Governor and Company of the Bank of Ireland, of certain assets and liabilities of KBC Bank Ireland plc has been cleared by the Competition and Consumer Protection Commission subject to legally binding commitments.
| Notification date | Decision date |
|---|---|
| Friday April 16, 2021 | Monday, May 23, 2022 |
| Parties Involved | Business activities |
|---|---|
| Bank of Ireland | Bank of Ireland is a financial services group providing a broad range of banking and other financial services with offices in the State, the United Kingdom, the United States of America, Germany, France and Spain. |
| KBC Bank Ireland plc | KBC Bank Ireland plc ("KBCI") is an indirectly wholly owned subsidiary of KBC Group N.V. KBCI is active in the provision of banking and financial services in the State. |
| Economic sector | Media merger |
|---|---|
| Financial and Insurance Services | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Tuesday, May 4, 2021 | Wednesday, November 10, 2021 |
| Date of Requirement for Information | Date Information Received |
|---|---|
| Monday, November 22, 2021 | Friday, January 21, 2022 |
| Current status: Completed |
|---|
| Cleared (Phase 2) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Craig Whelan | Phone: 01 4025 504 |
Media enquiries: communications@ccpc.ie
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