KBC Groep To Triple Mortgage Lending In 2014

With so many banks pulling out of the Irish market and many of the remaining financial institutions wary about offering mortgages in what has become a difficult sector, is there an opportunity for a mortgage provider to do things differently? John Casey, the new head of the Broker and Intermediary Division at KBC Groep NV (EBR:KBC) (OTCMKTS:KBCSF) thinks so. Casey says he expects the overall mortgage market to grow by around €1 billion to as much as €3.5 billion in 2014 and KBC is gearing up to take their slice of the cake. “Assuming a 10% share, KBC Groep NV (EBR:KBC)…