Haven’s impaired loans rise by €6m

The level of residential loans impaired at EBS subsidiary, Haven Mortgages Ltd increased last year by €6m to €214.5m or 19.3% of the firm’s loan book, new figures show.

Haven’s impaired loans rise by €6m

In accounts just filed by Haven Mortgages Ltd, they show that the firm’s total loanbook at the end of last year totalled €1.1bn.

EBS established Haven Mortgages Ltd in late 2007 with the purpose of growing EBS’s presence in the intermediary mortgage market.

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