31/08/2010 - 07:14:11
Anglo Irish Bank is due to announce results today for the first six months of the year.
Anglo is expected to show further massive losses, with experts predicting they could exceed €4bn. The bank reported a €4.1bn loss for the same period last year.
Anglo has since transferred more than €9.25bn worth of loans to NAMA at discounts of more than 50%.
The results will coincide with fresh political debate over the future of the nationalised bank, with the Cabinet set to meet tomorrow for the first time since the summer break.
http://www.breakingnews.ie/business/eyqlkfeyidid/
Anglo Irish Bank is due to announce results today for the first six months of the year.
Anglo is expected to show further massive losses, with experts predicting they could exceed €4bn. The bank reported a €4.1bn loss for the same period last year.
Anglo has since transferred more than €9.25bn worth of loans to NAMA at discounts of more than 50%.
The results will coincide with fresh political debate over the future of the nationalised bank, with the Cabinet set to meet tomorrow for the first time since the summer break.
http://www.breakingnews.ie/business/eyqlkfeyidid/
