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The Last Word With Matt Cooper

AIB Preparing To Sell Off Thousands Of Mortgages

AIB is preparing to sell off thousands of distressed mortgages on family homes. The sale, known as P...
Sarah Stacey
Sarah Stacey

6:47 PM - 10 Oct 2019



The Last Word With Matt Cooper

AIB Preparing To Sell Off Thousands Of Mortgages

Sarah Stacey
Sarah Stacey

6:47 PM - 10 Oct 2019

Listen to this episode



AIB is preparing to sell off thousands of distressed mortgages on family homes.

The sale, known as Project Birch, looks likely to take place early next year and could spark debate about the sale of non-performing loans to vulture funds.

Ian Guider discussed this in our daily business round-up, as well as the following other stories:

  • Sterling gains 1.5% against the Euro amid speculation over possible Brexit deal
  • Donald Trump's Doonbeg resort granted planning permission for €38 million expansion
  • Aer Lingus owner IAG says will be zero carbon airline by 2050

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