The now defunct lender ACC is to pay a near €70 million dividend to its Dutch parent company as part of a final wind down of its business in Ireland.
ACC Loan Management, which was overseeing the closing of the former bank, applied to the High Court last month to reduce its share capital, a move that would allow it to create reserves from which to pay dividends.
Just before Christmas, ACC’s remaining loan portfolios...
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
Unlimited Access for 2 Years
Get a Business Account for you and your team