Irish government takes first step towards re-listing Allied Irish Banks

first_img Irish government takes first step towards re-listing Allied Irish Banks Jessica Morris whatsapp whatsapp Show Comments ▼ Ireland’s government has taken its first step towards re-listing Allied Irish Bank with a little help from banking titan Goldman Sachs.The Irish government announced it had appointed Goldman Sachs to advise on the bank’s relisting, the completion of which would return some €21bn (£16.4bn) to the taxpayer following a bailout in 2010. Finance minister Michael Noonan wrote in an opinion piece in today’s Irish Times:I am confident that over time we will at a minimum fully recover the funds that this government invested in Allied Irish Banks, Bank of Ireland and Permanent TSB.He also said the government hopes to sell at least some of its stake in Allied Irish Banks and Permanent TSB. The latter had been part of the former Irish Life and Permanent which was split during the global financial crisis.It had rescued the banks after they became one of the country’s biggest casualties from the global financial crisis. When Ireland’s property bubble burst, the government was forced to pump €64bn into its financial system. center_img Share More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comWhy people are finding dryer sheets in their mailboxesnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryHero WarsThis game will keep you up all night!Hero WarsMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus EliminatorBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementElvenarIf You Like to Play, this Fantasy Game is a Must-Have. No Install.ElvenarNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For Seniors Monday 12 January 2015 9:02 amlast_img

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