Your Search Returned 10 tagged news reports
A surge in bad debts has pushed Allied Irish Banks deep into the red, but Ireland 's second-largest bank believes it is over the worst of the financial crisis, with the government's proposed "bad bank" set to take billions of euros' worth of risky loans...
Tags: Sky Ireland, AIB, bad loans, Irish Banks, Irish Farmers Association, bad debts, IFA
Shares in Irish banks have risen this morning following the publication of the draft bill to establish the National Asset Management Agency (Nama). At 10.00am shares in AIB were up nearly 7 per cent or 12c to €1.84 while Bank or Ireland shares rose by...
Tags: Brian Lenihan, Bank of Ireland, Nama, Mr Lenihan, Irish Banks, National Asset Management Agency, national assets, assets management, bad banks, NAMA
Robbie Henneberry , managing director of AIB in the Republic, told the Oireachtas committee yesterday that AIB's overall credit to Irish residents has risen to €78.5bn in May from €74.8bn at the same point last year. He said he expected "the Government...
Tags: European Central Bank, Bank of Ireland, central banks, Irish Banks, AIB Bank, assistant director, director general, Chambers Ireland, Enterprise Trade and Employment, European Investment Bank
SIPTU leader calls on Government to withdraw guarantee from banks that raise interest rates on home mortgages July 24th, 2009. The President of the Irish Congress of Trade Unions and SIPTU, Ireland’s...
Tags: Irish banks, unions, interest rates
Bank data for Allied Irish Banks, Bank of Ireland, Anglo Irish Bank, Ulster Bank and National Irish Bank indicate they are turning down an average of 14pc of credit applications from small to medium-sized enterprises (SMEs), according to consultants Mazars.
Tags: Bank of Ireland, Irish Banks, National Irish Bank, Anglo Irish Bank, Ulster Bank
The emergency recapitalization of AIB is to “remedy a serious disturbance in the Irish economy,” the European Commission, the executive arm of the 27-nation bloc, said in a statement today. “This capital injection will enable Allied Irish Bank to weather...
Tags: AIB, EU Competition Commissioner, Fortis Bank, BNP Paribas, Fortis Holding, fortis banks, Bank of Ireland, Irish Banks, Allied Irish Bank, Neelie Kroes
The action follows a similar requirement built into a 7 billion euro (Dh33.13 billion) state bailout of Ireland's two biggest lenders, Allied Irish Banks and Bank of Ireland...The government had signalled at that time that it would be issuing a code for...
Tags: 10am Bank of Ireland, Anglo Irish Bank, Irish Banks, Irish Banking Federation, Irish Life, AIB
Bank of Ireland and the Allied Irish Bank have accepted a precondition that they will receive €7bn (£6bn) of government money only if they defer issuing repossession orders. The state aid package is part of the Irish government's plan to recapitalise...
Tags: Bank of Ireland, Northern Ireland, Former Church of Ireland, Irish Banks, Allied Irish Bank, Anglo Irish Bank, government jet, balance sheets
Dublin shares were marked down sharply at the start after bank shares fell, catapulted lower by Danske Bank 's decision to take a hit on its Irish subsidiary and a report from Davy which predicted losses for all the major banks apart from Irish Life &...
Tags: Irish Banks, National Irish Bank, Bank of Ireland, Irish Life & Permanent, Irish Life and Permanent, AIB, Danske Bank, survey shows, 1bn bond, European Central Bank
Anglo Irish Bank yesterday sold €1.5bn of Government-guaranteed bonds due in September 2010. It was the third Irish lender to issue new medium-term debt under the guarantee scheme, following Allied Irish Banks and Bank of Ireland. Morgan Stanley, Royal...
Tags: Anglo Irish Bank, Irish Banks, bonds market