Beauchamps' Partner and Head of Insolvency & Corporate Restructuring, Barry Cahir, has contributed a journal article to the International Corporate Rescue.
In this article Barry comments on the Trends in the Irish Non-Performing Loan Market. The European Central Bank is closely monitoring Irish Banks to insure they meet a 5% non-performing loan ratio by 2020 in line with European norms. As regulatory pressure to off-load non-performing loans increases, Irish Banks have intensified their efforts to
rectify the high ratio of non-performing loans. Various legislative and regulatory polices implemented by
the Central Bank of Ireland and Irish Banks alongside secondary loan market sales has significantly reduced
the level of non-performing loans on Irish Bank books.
To read the full article, click on the PDF here.
Contact us
For more information on the topics discussed in this article, or on insolvency and corporate restructuring in general, contact Barry Cahir or your usual Beauchamps contact.
