Monday August 10, 2020

More than 1,000 Anglo borrowers on minimal interest rates

21st June, 2015

Over 1,000 borrowers from the former Anglo Irish Bank were paying interest rates of between zero and 2 per cent at the time of its liquidation in February 2013. These borrowers owed the bank about €9 billion, or 40 per cent of the IBRC’s entire loan book.

These were all commercial borrowers and do not include the bank’s ordinary mortgage holders, which it took over when Irish Nationwide was merged with Anglo to form IBRC.

...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

In Kildare, many are grateful that the lockdown isn’t a return to square one, but there is anger that actions weren’t taken to prevent it in the first place

Barry J Whyte | 1 day ago

Conservation group calls for effective regulation as multinationals increase use of on-site gas plants to generate electricity

Killian Woods | 2 weeks ago

As the online debate on trans issues remains heated, those affected by them in the real world are calling for more support, space and understanding. But are their voices being heard?

Colin Murphy | 1 month ago