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AIB is the largest provider of mortgages in Ireland

Written by Robert McHugh, on 4th Feb 2016. Posted in Property

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New mortgage data published by the Banking & Payments Federation Ireland (BPFI) today shows that AIB Group continues to be the largest provider of mortgages in Ireland in 2015.

The BPFI figures published today show that the mortgage market was valued at almost €4.9bn in 2015, an increase of 26% on 2014.  

AIB performed strongly in all mortgage categories financing over one third of all mortgages in Ireland and four in ten of First Time Buyer home purchases. 

Head of AIB Group Mortgage Business, Ken Burke today commented, "AIB’s strong performance shows consumers are choosing real long-term value represented by low rates and market-leading customer service and support.

"This latest data from BPFI shows that the market is continuing to recover, and we are confident that further growth will be evident in 2016. As the largest mortgage provider in Ireland, AIB will continue to support the recovery of the residential property market."

Source: www.businessworld.ie

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