ACC Loan Management, the remnants of
the old ACC Bank, slashed its losses last year by more than a third to €93m.
The company, which handed back its banking licence to the Central Bank after haemorrhaging cash for many years, said the reduction was down to lower charges for bad loans and a fall in its operating expenses.
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