Borrowers fear AIB data requests are a sign their debt is to be sold
AIB declined to comment. However, bank sources said ongoing communication with borrowers in arrears is normal and that the level of engagement with some types of borrowers including with those potentially exposed to the impact of the Covid pandemic has increased as a precaution. A source familiar with the bank's position insisted there was no plan to bundle agricultural and SME loans up for sale, and noted that all lenders have increased their efforts to spot problems among borrowers early in order to avoid a post-Covid repeat of the arrears built up after the last crash. That includes seekin...
Source: independent.ie