Financial news

KBC Ireland sets aside €95m for potential loan losses

KBC Ireland has reported a loss of €55 after tax and impairments for the second quarter of the year, after setting aside €95 million to deal with the impact of Covid-19.

Exchequer deficit of €7.4bn in July as tax take falls

The deficit in the public finances was €7.4 billion in July, which compares to a surplus of €896m recorded in July of last year.

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