BoI in frame to buy Danske Bank loans

Ian Kehoe - avatar

Ian Kehoe

22nd December, 2014

Bank of Ireland is circling the loans of more than 4,000 small and medium-sized businesses being auctioned by the Danish lender Danske Bank.

Ireland’s largest bank, which is still 14 per cent owned by the Irish government, is one of a small number of bidders for the SME portfolio to have made the second round of bidding. The remaining bidders on the shortlist are international private equity firms.

Bank of Ireland was a surprise entrant...

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