Billy Kane

Non-bank lender expected to seek more than €100m in IPO depending on market

State’s largest non-bank lender is working on IPO plan with Goodbody Stockbrokers

Appointment comes as lender eyes initial IPO as soon as next year

Finance Ireland selling portfolio of 1,364 home loans on which borrowers owe €290m

Non-bank lender offers 1,400 home loans in residential-mortgage-backed securities

Non-bank lender says pre-tax profit rose to €10.5m in 2018

Entry will boost competition, says Fianna Fáil finance spokesman Michael McGrath

Lender devises ‘lifetime value’ approach in bid to compete with main banks

The company, which is led by Billy Kane, has built up a €250m portfolio since 2015

Scheme provided through Finance Ireland is a six-year facility

Company secured board approval in September for a new financial services strategy

Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk

State’s largest non-bank retail lender has no immediate need for fresh equity, says chief executive

Finance Ireland will be ‘competitive’ with its rates when it begins offering mortgages in February

Loan book driven by car financing, commercial property, and funding for farmers and small firms

Rabobank advances plans to sell €3.2bn former ACC portfolio