In 1978 KBC Bank, which is headquartered in Brussels, acquired a 75% interest.

[citation needed] KBC began operating a branch network in 2012[3] with a further build-out in 2014.

[citation needed] KBC initiated a high-profile property repossession in Strokestown, in County Roscommon in December 2018.

Following this, there was a violent attack by a gang of masked men on the team employed by KBC to occupy the house.

[5] In April 2021, KBC entered into talks with Bank of Ireland to sell its performing loan book and announced its intention to withdraw from Ireland.