Half of bad loans now residential mortgages

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  • Half of bad loans now residential mortgages
    Half of bad loans now residential mortgages

    Irish banks must shed a further €9bn of bad loans to meet ECB targets, Moody’s has warned. Unlike the early period after the crash, when sales of commercial real estate and developer loans dominated the great bank sell-offs, further disposals will be dominated by home loans, the rating agency […]

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