Bank of Scotland accounts for 25% of repossession orders last year

Bank of Scotland accounted for a quarter of all repossession orders granted in the Circuit Courts last year.

Bank of Scotland accounts for 25% of repossession orders last year

The bank, which pulled out of the Irish market in 2010, had lent aggressively during the boom. When it closed its operations here, it had more than €6bn of property development loans on its books.

The bank’s repossession activity in 2013 was well in excess of the largest players in the mortgage market — Bank of Ireland and AIB.

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