Sunday February 16, 2020

AIB to offload up to €300 million of non-performing loans

The bank is pushing ahead with a major purge of its non-performing loan book

10th September, 2017

AIB is set to push the button on the sale of hundreds of millions of euro worth of loans secured on assets in Britain and Northern Ireland, The Sunday Business Post can reveal.

The bank, which is pushing ahead with a major purge of its non-performing loan book, has termed the loan book sale Project Pine.

While no final decision has been reached on the assets to be included, sources confirmed that it would have...

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