Loan portfolio of Irish Bank Resolution Corporation falls to just over €3bn, says finance minister 

At inception, the IBRC loan portfolio had a par value of €21bn

The eleventh Progress Update Report on the Special Liquidation of the Irish Bank Resolution Corporation (IBRC) was submitted to the finance minister by the Special Liquidators of IBRC, Mr Eamonn Richardson and Mr Kieran Wallace. Photo Stephen Collins/Collins Photos

The loan portfolio of the Irish Bank Resolution Corporation (IBRC) has fallen to €3bn as of January 2025, down from a par value of €21bn at its inception, finance minister Paschal Donohoe has announced.

The eleventh Progress Update Report on the Special Liquidation of the Irish Bank Resolution Corporation (IBRC) was submitted to the finance minister by the Special Liquidators of IBRC, Mr Eamonn Richardson and Mr Kieran Wallace and provides an update on the liquidation progress, as well as information and updates in relation to ongoing workstreams and associated costs.