Allied Irish Banks (AIB) has added 25,000 payment breaks to its loan books as it helps homeowners and businesses cope with the impact of the coronavirus, its chief executive was quoted as saying on Sunday.
) has added 25,000 payment breaks to its loan books as it helps homeowners and businesses cope with the impact of the coronavirus, its chief executive was quoted as saying on Sunday.
Ireland’s five retail banks agreed last month to implement loan repayment breaks of up to three months for those affected by the near shutdown of the economy. AIB’s main rival, Bank of Ireland , was processing a similar number of applications for breaks from mortgage and business customers by the end of March, its chief executive said on April 3.
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