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Almost half of repossessions p...

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Almost half of repossessions perused by banks not vulture funds

Rebecca Noonan
Rebecca Noonan

06:49 19 May 2020


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New research shows almost half of home repossessions are pursued by high street banks - and not so-called vulture funds.

Banks supervised by the European Central Bank and the Central Bank account for 46 per cent of cases in the period between April and December of last year.

They are AIB, EBS, Permanent TSB, Bank of Ireland, Ulster Bank and KBC.

The study by NUI Galway lecturer Dr Padraic Kenna said vulture funds were taking just one third of cases.


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