Irish banks face SME bad loans risks, warns debt ratings firm

Irish Times | Jan 17, 2020 at 3:24 PM
  • Irish banks face a fresh spike in bad small business loans , restructured mortgages tipping back into default in the event of a hard Brexit or the late-stage economic cycle falls into recession.
  • The average non-performing loans (NPLs) ratio peaked at 30 per cent in 2013.
  • Elsewhere, AIB, which has offloaded billions of euro of commercial loans in recent years, has begun to line up a portfolio of soured home loans, called Project Birch.