News Bulletin

BoI seizes shopping centres: Bank of Ireland has seized control of four related provincial shopping centres in an effort to shore up an exposure of more than €100 million.

11th March, 2012
News Bulletin
Sligo Retail Park has been seized by BoI.

BoI seizes shopping centres

Bank of Ireland has seized control of four related provincial shopping centres in an effort to shore an exposure of more than €100 million.

The bank has installed receivers over Monaghan Town Shopping Centre, Sligo Retail Park and Letterkenny Retail Park in Co Donegal. A receiver has also been installed over Tullamore Retail in Co Offaly.

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