Allied Irish Bank

AIB may exceed mortgage restructuring target

AIB may exceed mortgage restructuring target

AIB will meet or exceed central bank targets for restructuring mortgages, the bank’s chairman David Hodgkinson has told its annual general meeting this morning. Hodgkinson said that the state-owned bank is still targeting a return to operating profit after loan losses this year before posting net…
NAMA to sell Birmingham site

NAMA to sell Birmingham site

A 4.5 acre development site 200 yards away from Birmingham’s Bullring in England is to be sold by the National Asset Management Agency. Asset managers at ROM Capital are believed to have been instructed to sell the Connaught Square site, which had been earmarked for…