AIB sells €1 billion loan book to Cerberus

AIB sells €1 billion loan book to Cerberus
AIB has offloaded a €1 billion portfolio Pic: RollingNews.ie

The portfolio includes 2,200 customers with 5,000 assets

AIB has offloaded a €1 billion portfolio of non-performing loans to a subsidiary of US vulture fund Cerberus, including hundreds of mortgages backed on family homes.

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