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Are the Governments plans to recapitalise AIB and Bank of Ireland still going ahead?

April 26, 2017ahead AIB Bank going government Ireland plans

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Are the Governments plans to recapitalise AIB and Bank of Ireland still going ahead?

1 Answer

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10 Posted

Yes. The Government remains fully committed to the recapitalisation proposals already announced in relation to AIB and Bank of Ireland. These plans include the injection of core tier 1 capital in the form of preference shares and the underwriting of a further core tier 1 capital issuance. To view the full pdf ‘Anglo Irish Bank Corporation plc – Nationalisation FAQs’ on the Department of Finance website, please click here.