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Rolling In The Deep

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

File image: RollingNews

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.

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