Anglo borrowers set for €100m overcharging repayments
Most of the borrowers affected were commercial borrowers and high net worth clients of the bank
A large number of borrowers from the former Anglo Irish Bank are in line for total repayments of around €100 million, following a long-running probe into interest rate overcharging.
The special liquidators of IBRC, are preparing to start refunding customers who were overcharged. The liquidations will go to the High Court in the coming days to seek clarification on certain deals about the payments.
Most of the borrowers affected were commercial borrowers and high net...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
Latest lockdown news is deflating for everyone, but there is an end in sight
People are frustrated by the continuing level 5 restrictions and fear of another lost summer, but the vaccine rollout is gathering pace
Colin Murphy: In law, we are closer to house arrest than a 5km limit
Covid-19 restrictions say you should not leave home at all ‘without reasonable excuse’ – a rule that‘s broader than it need be, is widely misunderstood and of dubious effectiveness
O’Brien, the reluctant media tycoon, is finally free to focus on his telecoms business
After selling the last of his media assets, Denis O’Brien can now turn his attention to Digicel, the telecoms network he created, and its heavy debt load
Deirdre Heenan: DUP is digging itself deeper with challenge to protocol
A disingenuous and ill-advised legal wrangle will only highlight the fact that Northern Ireland is a place apart