AIB Has Bought €2.4 Billion Worth Of Ulster Bank Loans.

Monday, 28 June 2021 09:35

It follows a Memorandum of Understanding announced in February,

AIB has bought almost 4.2 billion euro worth of loans from Ulster Bank.

The deal involves the purchase of performing corporate and commercial loans.

It follows a Memorandum of Understanding announced in February, after Ulster Bank owner, NatWest, announced it was withdrawing from the Irish market.

AIB agrees to buy Ulster bank’s €4.2bn corporate loan book https://t.co/eo9PmHohtS via @IrishTimesBiz
— Irish Times Business (@IrishTimesBiz) June 28, 2021

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