AIB chief warns €50bn decline in commercial property sector likely to continue

España Noticias Noticias

AIB chief warns €50bn decline in commercial property sector likely to continue
España Últimas Noticias,España Titulares
  • 📰 businessposthq
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 71%

Colin Hunt says bank is ‘cautious' but ‘not worried' by downturn because it has been conservative since re-entering the market

The downturn in Ireland’s €50 billion commercial property market will continue in the coming months, the chief executive of country’s largest bank has warned.

Colin Hunt, the head of AIB, said there’s been a “marked slowdown” in activity in the sector so far this year, and warned that underlying asset prices will continue to fall. The news comes after the lender booked a €91 million impairment charge for the first half of the year in ...

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

businessposthq /  🏆 8. in İE

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Aspartame is not, repeat not, a dangerous carcinogenAspartame is not, repeat not, a dangerous carcinogenOpinion: But beneath the media glare, the fact that aspartame is one of the most studied foodstuffs in history with no solid evidence for carcinogenicity was conspicuously muted writes David Robert Grimes aspartame
Leer más »

Man found not guilty of murdering father by reason of insanity committed to Central Mental HospitalMan found not guilty of murdering father by reason of insanity committed to Central Mental HospitalGareth Sheeran, of Carriglea View in Firhouse, Dublin, was found not guilty by reason of insanity last week of murdering his father.
Leer más »

Early August Bank Holiday weather 'not great' as experts see 'bump in the road'Early August Bank Holiday weather 'not great' as experts see 'bump in the road'Far from sunshine and clear skies, there could be a storm developing for the bank holiday weekend
Leer más »

Audit finds most CAMHS patients have not been over-prescribed medicationAudit finds most CAMHS patients have not been over-prescribed medicationAn audit of prescribing medications in the Child and Adolescent Mental Health Service (CAMHS) has found that most patients were not over-prescribed
Leer más »

The Movie Quiz: Who is not really a character in The Flintstones (1994)?The Movie Quiz: Who is not really a character in The Flintstones (1994)?Plus: Which was the first film directed by Woody Allen in which he didn’t appear?
Leer más »

Asylum seeker bed crisis as Department 'not been able to meet capacity needs'Asylum seeker bed crisis as Department 'not been able to meet capacity needs'As of July 27, 6,380 International Protection Seekers arrived in Ireland. This is in addition to 13,651 people who arrived last year.
Leer más »



Render Time: 2025-03-12 22:47:13