Moneybags

McDonagh needs to close gap on AIB

Date: March 22, 2018 - Moneybags

Francesca McDonagh

Francesca McDonagh


IT IS still surprising that the most prudent of Irish banks – Bank of Ireland – went into overdrive during the frenzied lending boom at the top of the property market. It needed €7bn to prevent it going under whereas fellow pillar bank AIB needed €21bn. Yet today AIB is 20% more profitable with a… Read more »

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