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Thu 13 May 2010
Trading conditions have remained challenging this year, particularly in Ireland, the bank Allied Irish said in an update, but conditions have improved in Britain.
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Wed 31 Mar 2010
Bank of Ireland says the additional €2.7bn of capital the government has told it to raise will see it through the current recessionary crisis in Ireland as it revealed huge losses for the last nine months of 2009.
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Mon 29 Mar 2010
Shares in Allied Irish Banks dropped more than 17% after the Irish banking group confirmed it is in discussions with the financial regulator in order to agree its capital requirements.
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Tue 02 Mar 2010
Allied Irish Banks slumped to a loss €2.66bn last year as bad debt and loan impairment provisions hit €5.4bn in very tough conditions that it says show no signs of abating.
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Mon 30 Nov 2009
Irish banking group Allied Irish Banks has confirmed its participation in the Irish government’s asset acquisition programme.
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Wed 18 Nov 2009
Allied Irish Banks' bad debt situation has deteriorated further with the bank now suggesting the impairment write-down on its loans being shunted into the Irish toxic asset insurance scheme (NAMA) may top the government's original estimate of 30%.
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Tue 20 Oct 2009
Nomura Securities is prepared to take a chance on the battered Irish banking sector on the assumption that the government’s proposals for its bail-out vehicle, the National Asset Management Agency (NAMA), do not undergo significant changes before implementation.
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