The chief executive of AIB has thrown a lifeline to SMEs in difficulty by confirming that the bank may consider writing off some of their debt - but only if there is "pain on both sides".
Speaking to *The Sunday Business Post* in Galway, David Duffy said the bank preferred to restructure debt to make it more sustainable, but would not rule out some level of debt forgiveness.
"We'll try to support viable businesses wherever...
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