On air now

1 PM-4 PM

BOI to repay the government fo...

News

BOI to repay the government for the bailout

TodayFM
TodayFM

8:13 AM - 4 Dec 2013



Bank of Ireland is to repay the State's 4.8 bilion euro bailout of the bank.

The financial instution is to return 1.8 billion euro through the issuing of new shares and the raising of cash through investors.

The bank has previously paid back 3.8 billion to the state.

Today's deal means the taxpayer has made a profit of 900 million euro.

The State will continue to have a 15 percent stake in the bank.

Business journalist  Ian Guider says it's good news for the government:



Read more about

News

You might like

Live: Title

Now playing

00:00:00 / 00:00:00
Added to queue
Removed from queue

On Air

Share

Share

Up next

Episode title
Show
Duration

You currently have no podcasts in your queue.

Go to podcasts

On Air

Pamela Joyce

Pamela Joyce

1 PM-4 PM

Share

Up next

Sunday Drive with Phil Cawley

Sunday Drive with Phil Cawley

4 PM-7 PM

Share

Ed's Songs of Praise

Ed's Songs of Praise

7 PM-10 PM

Share

The Paul McLoone Show

The Paul McLoone Show

10 PM-1 AM

Share

Overnight

Overnight

1 AM-5 AM

Share

Early Breakfast with Paula Mac...

Early Breakfast with Paula MacSweeney

5 AM-7 AM

Share

The Ian Dempsey Breakfast Show

The Ian Dempsey Breakfast Show

7 AM-9 AM

Share

Dermot & Dave

Dermot & Dave

9 AM-12 PM

Share

Mairead Ronan

Mairead Ronan

12 PM-2 PM

Share

Fergal D'Arcy

Fergal D'Arcy

2 PM-4:30 PM

Share

00:00:00 / 00:00:00

Share on