Bank Shares Down Ahead of NAMA Week Bank shares have slumped this morning as the first loans from three of the country's financial institutions - Irish Nationwide, EBS and Bank of Ireland - will start to transfer to the National Assets Management Agency tomorrow.

Shares in AIB plunged over 20% to €1.35 just before 10am, while Bank of Ireland shares dropped almost 14% to €1.19.


It is understood that NAMA had planned to unveil the discount on their loans today but decided over the weekend to delay this until markets close tomorrow evening to coincide with statements from the regulator and Mr Lenihan.



Source: www.rte.ie


For more information contact
Monika Sulik
045 438 438
monika@fitzsimonsfinance.ie

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