The state retains a significant stake in AIB: it pumped €29.4 billion into AIB, Bank of Ireland and Permanent TSB between 2009 and 2011 as a result of the financial crisis. Picture: Getty
Taxpayers would still be €4.5 billion shy on their crisis-era bank investments even if all the state’s remaining shares were sold off today, a senior official has said. The state pumped €29.4 billion into AIB, Bank of Ireland and Permanent TSB between 2009 and 2011 as a result of the financial crisis, which threatened the viability of the banks.Subscribe from just €1 for the first month!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Government to access €400m of unspent capital for NDP projects | Business PostThe government is to deploy a war chest worth hundreds of millions of euro to keep the state’s landmark National Development Plan on track this year after agreeing to share the burden of soaring construction costs with contractors.
Source: businessposthq - 🏆 8. / 71 Read more »
Ireland wouldn’t be ready to host 2024 America’s Cup until 2025, ministers told | Business PostIreland would not have been ready to host the 2024 America’s Cup sailing competition until at least 2025 and probably the year after, ministers were told earlier this year in documents that have been released to the Business Post. Who drafted those documents? The same people who plan hospitals and stuff?
Source: businessposthq - 🏆 8. / 71 Read more »
The maternity hospital land war: a battle between principles and pragmatism | Business PostFirst mooted in 2013, the relocation of the National Maternity Hospital from Holles Street in Dublin city centre to the St Vincent’s campus at Elm Park looks set to get the go-ahead from government, even as objectors continue to raise concerns over the move
Source: businessposthq - 🏆 8. / 71 Read more »