The liquidators of the Irish Bank Resolution Corporation (IBRC) have revealed that the loan sales process has concluded with over 90 per cent of the €21.7 billion loan book sold.
The liquidators announced the outcome of the loan sales process with respect to two IBRC loan books, Project Stone comprising commercial real estate loans originating through the Irish offices of IBRC with a par loan value of approximately €9.3 billion - and Project Sand comprising mortgage...
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