AIB buys Ulster Bank’s €4.2bn loan book

Mike Turner

June 28, 2021 12:00 pm

Adobestock_Ulster Bank_575x375_june21 — Derry, Northern Ireland- Sept 19, 2020: Ulster Bank in Derry. | Shawn Williams/Shawn - stock.adobe.com

Allied Irish Banks has bought around €4.2bn of performing corporate and commercial loans from Ulster Bank, marking a major step in the NatWest-owned Ulster Bank’s withdrawal from the Republic of Ireland.

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Mike Turner

Corporate Debt Editor