Food and hotel companies among biggest holders of bad loans in State

Irish Times | Oct 17, 2019 at 1:18 PM
  • Companies in the food and accommodation sector have among the highest level of bad loans in the Republic, with 16.5 per cent of such borrowings classified as non-performing at the end of last year, according to a new study.
  • Mr McGeever’s figures are based on data from AIB, Bank of Ireland and Ulster Bank.
  • AIB is preparing to offload thousands of distressed mortgages secured on family homes next year.