AIB to sell off more bad loans and the US AI group that moved to Ireland


Source: irishtimes.com irishtimes.com

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AIB is looking at selling another €500 million in non-performing loans later this year. Photograph: iStock Get the latest business news and commentary from our expert business team in your inbox every weekday morning Lender AIB is preparing for a potential sale of a portfolio of non-performing loans, including debt that had soured during the Covid-19 pandemic and never recovered, sources have said. The group of loans had a face value of €500 million and includes mortgages, unsecured loans and small business loans, writes Joe Brennan. One in five Irish workers feels under-appreciated in their current position, according to employee...