Sunday 22 January 2017

€9bn AIB deposit move is amazing

Published 26/02/2011 | 10:19

I WAS amazed to hear that all of the deposits of Anglo Irish Bank are to be transferred to AIB. I am led to believe that all of the nation’s banks are currently suffering a shortage of deposits.

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Is it a wise decision that only one of them should benefit from this €9bn input?

Can we expect full disclosure on how this decision was reached?

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