DUBLIN, April 29 (Reuters) - Ireland's five retail banks are
working towards extending loan repayment breaks to help
customers cope with the impact of the coronavirus to six months,
up from the current three months, Allied Irish Banks'
chief executive told Reuters on Wednesday.
"The view of all my colleagues in other financial
institutions is that we are going to need a second payment
break... What I would like to see, and this is what we're
working towards as an industry, is having a further three-month
period to bring us out to the end of September," Colin Hunt said
in a telephone interview.
"We won't have a good feel for the proportion of people who
took payment break one who are going to need support in the
second payment break until we see the government's proposals in
relation to the transition back to normality," he added.
(Reporting by Padraic Halpin; Editing by Jon Boyle)