Allied Irish Banks has asked Ireland’s Department of Finance to allow it to reduce the number of loans it needs to transfer to the National Asset Management Agency. The request came after the government proposed lowering the threshold for transfer from €20 million ($27.21 million) to €5 million ($6.8 million), which could require the bank to shift an additional 4,000 loans. AIB has argued, among other things, that many of the additional, so-called associated loans, would empty the bank of all loans by its small and medium-sized business customers, one of its key sectors.

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