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Bank directors hang on to jobs

ALMOST 40pc of Irish bank directors remain in the positions they held at the time of the Government guarantee.

A total of 28 directors remain in place at the six institutions covered by the bank guarantee: AIB, Anglo Irish Bank, Bank of Ireland, EBS Building Society, Irish Life Permanent and Irish Nationwide.

Minister for Finance Brian Lenihan, in response to a question from Labour Party finance spokesperson Joan Burton, declined to name the directors still in place.

Mr Lenihan said that "contrary to public perception, a lot of changes at director level at the covered institutions have taken place".