A Quarter Of Bank Loans ‘Non-Performing’

at

imfAmazing.

Just a quarter.

 Completing its tenth review of Ireland’s bailout programme, which also saw it release the final €950m of its loans, the IMF said there needed to be resolution on the 25% of loans that are currently non-performing.

The IMF said it was vital that this was achieved before the country enters the European banking union, and ahead of European stress tests due to take place next year.

And good luck with that.

Bad loans at Irish banks hindering new lending – IMF (RTE)

IMF approves $1.27bn to Ireland (irish Times)