Irish Life & Permanent reports loss of €310m in 2009; 22% of mortgage accounts in “negative equity”; 7,228 mortgage accounts in arrears for over 90 days
Mar 3rd, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish Life & Permanent today reported a loss before tax of €310m in 2009 compared with a profit of €63m in 2008. 22% of mortgage accounts were in “negative equity”; 7,228 mortgage accounts in arrears for over 90 days.