The residential mortgage loan book of the former Irish Nationwide Building Society (INBS) is imploding at a worse rate than other lenders, new figures from its parent company, IBRC, have revealed.
A huge 52 per cent of the owner-occupier residential loans given out by Michael Fingleton's building society are now either past due or actually impaired, half-year figures from IBRC show.
When buy-to-let residential loans are included, the figure jumps to 58 per cent. Owner-occupiers reduced...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team