High-risk loans, new home loan rules and just how difficult Brexit will strike Irish accommodations

High-risk loans, new home loan rules and just how difficult Brexit will strike Irish accommodations

Viewed & Heard: Central Bank raises security over growing indebtedness of Irish businesses

Regulators have raised the security about the hazard that dangerous loans to businesses that are heavily-indebted to Irish banking institutions, the Sunday days reported.

The paper said that the Central Bank has warned that Irish lenders’ €10 billion worth of “leveraged loans” may lead to serious losses within the next downturn.

Leveraged loans allow currently highly-indebted organizations, backed primarily by US equity that is private, to borrow a lot more money. Continue reading “High-risk loans, new home loan rules and just how difficult Brexit will strike Irish accommodations”