Saturday September 26, 2020

Anglo borrowers set for €100m overcharging repayments

Most of the borrowers affected were commercial borrowers and high net worth clients of the bank

6th November, 2016

A large number of borrowers from the former Anglo Irish Bank are in line for total repayments of around €100 million, following a long-running probe into interest rate overcharging.

The special liquidators of IBRC, are preparing to start refunding customers who were overcharged. The liquidations will go to the High Court in the coming days to seek clarification on certain deals about the payments.

Most of the borrowers affected were commercial borrowers and high net...

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