We have updated our Privacy Policy, click here for more information.
Thank you
Ireland’s largest ever commercial loans transaction: $euro;4.2bn
First Derivative acted as the exclusive asset enablement partner to a UK banking group, as it exited the Irish market, selling its Corporate Banking division and commercial lending portfolio to a competitor.
Working with the Irish regulator, CBI, initial scoping and valuation activity went under the pseudonym: Amalfi.
/ Credit Facilitation / KYC / Data / Communications / Customer Transition
Corporate Banking connections successfully transferred to a competitor bank.
Due diligence was completed across all in-scope customers and loans.
First Derivative programme team of 120 people supported the transaction and execution journey.
All internal banking facilities closed and decommissioned to full regulatory satisfaction