Tag Archives: Mortgage crisis

KBC creates job massacre and mortgage crisis

By Leonard McArthur KBC Bank has chosen to withdraw from the Irish market after 40 plus years of operations with the loss of 1,400 jobs at a time of massive unemployment. This sudden evacuation is likely fueled by the profound uncertainty that has been injected into the property market due to the pandemic. Unemployment has reached a staggering 25%, meaning ...

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