M&G invests in Finance Ireland as ISIF sells its stake in the non-bank lender 

“The timing is also significant given the exit of Ulster Bank and KBC from the market as customers look for a new provider for their mortgage and for their business financing,” said Billy Kane.

Founder of Finance Ireland Billy Kane.

Ireland Strategic Investment Fund (ISIF) has sold its stake in Finance Ireland, the largest non-bank lender in the country.

The sale of the 33% stake is just one of a series of shareholder transactions completed by Finance Ireland recently.