Wednesday 17 January 2018

KBC names new non-exec directors


KBC BANK Ireland has appointed Robert Power, formerly a director of Cornmarket Group Financial Services in Dublin, and Piet Vandendriessche, a senior executive with the KBC Group in Brussels, as non-executive directors of the bank.

Extension of rules waivers at Anglo


THE Financial Regulator has extended waivers on capital rules for Anglo Irish Bank to the end of this month, at the bank's request. The regulator had previously given Anglo a derogation which ran out on May 31. Anglo said that in light of the Government's commitment to the bank, the watchdog would continue to set the bank's minimum total capital ratio at 8pc, instead of 9.5pc.

Passenger growth of 17pc for Ryanair


RYANAIR'S passenger traffic rose 17pc during May, compared to the same month last year, to 6.44m, according to figures from the airline yesterday. Its load factor, or percentage of seats filled, remained unchanged at 81pc.

Eircom to take on financial advisers


LONDON-based corporate advisory firm Gleacher Shacklock is being lined up as an adviser to Eircom, as the telco formulates a long-term strategy. Another investment bank is also likely to be appointed, with Goldman Sachs and Rothschild thought to have tendered for the work.

Irish Independent

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