Banks’ recovery since bailout leaves shortfall of €9.6 billion | Business Post

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!

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