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Mon 05 May 2009Aggressive approach by ACC may prick banks' intent
BUSINESS OPINION:If the pursuit of Paddy Kelly forces others to jump into the unknown, we may thank the Dutch
ONE WOULD have to suspect that ACC Bank is something other than flavour of the month with its larger peers at the moment. The Dutch-owned bank’s relentless pursuit of debts of €23 million owed by property developer Paddy Kelly and his family stands in stark contrast to the more “supportive” stance that has been adopted by the bigger Irish-owned banks as regards their developer clients.
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