AIB loan sale sparks farmers’ protest

New AIB chief executive Colin Hunt has signalled the lender cannot rule out further sales of soured loans following a farmers’ protest at its annual meeting.

AIB loan sale sparks farmers’ protest

New AIB chief executive Colin Hunt has signalled the lender cannot rule out further sales of soured loans following a farmers’ protest at its annual meeting.

The protest by the powerful business group IFA, which spilled inside the lobby of a Dublin hotel hosting the shareholders’ meeting, was significant because AIB, the 71%-owned by the Government, is a major lender to farmers and dairy processors.

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