Banks prepare for tug of war

Mortgage debt is still a big issue for banks, but they are also drawing the battle lines to win new business

22nd March, 2015

Banks are likely to come under increasing pressure in the weeks ahead to tackle mortgage debt, with fears building in government circles about the flood of home repossession cases before the courts.

With an election looming, getting a handle on Ireland’s long-running personal debt crisis is a big priority for the government, and a package of new debt measures is likely to be unveiled in the coming weeks.

Discussions on the shape of...

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