Bank of Ireland in €3.4bn cash call - Finance & Money Forums

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Bank of Ireland in €3.4bn cash call

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04-26-2010, 10:34 AM

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Bank of Ireland in €3.4bn cash call

Bank of Ireland has announced plans to raise €3.4 billion (£2.9 billion) through a rights issue and private placing, in order to meet its capital needs and aid its recovery from the financial crisis. Last month the bank, which is the Irish Republic’s biggest lender, said there is no let up from the ongoing crisis [...]

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