KBC Bank Ireland has reported a 25% rise in its customer base to more than 160,000 in 2013 since the launch of its new current account and other financial products and services.
The lender, which is already operating five branches in the country, further plans to extend its services with the opening of five more new branches.
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The first of the five branches is set to open at the Grand Canal docks in Dublin in January 2014, while two more branches in Cork and the Midlands region, respectively. The remaining two branches are likely to be established in Dublin.
KBC also plans to launch new products such as a ‘full life assurance product’ in partnership with Irish Life. This is in addition to the existing white label home insurance product being offered through Zurich Insurance.
KBC Bank Ireland retail banking head Dara Deering was quoted by The Irish Times as saying that credit card and personal loan products would be launched very soon while its deposit base had grown to about 3bn from 2bn at the end of 2012.
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