AIB and BoI to reassure investors they have sufficient funds

AIB and BoI to reassure investors they have sufficient funds

Two of Irelands biggest banks are reassuring investors they have sufficient funds.

AIB and Bank of Ireland say they have enough equity to cover their losses in the event of another crash.

It comes after both banks failed stress tests and the European Banking Authority ranked them among the worst performing financial institutions in Europe.

However, the banks claim the figures used are outdated and that their finances have improved since.

More in this Section

Chile protests continue after government backs down on fare hikeChile protests continue after government backs down on fare hike

Serious Fraud Office closes Libor rigging investigationSerious Fraud Office closes Libor rigging investigation

Johnson insists EU free trade agreement can be struck amid no-deal Brexit fearsJohnson insists EU free trade agreement can be struck amid no-deal Brexit fears

IDA Ireland: Era of optimism with growth evident in all sectorsIDA Ireland: Era of optimism with growth evident in all sectors


Lifestyle

It’s the personal stories from Bruce Springsteen that turn his new ‘Western Stars’ documentary into something special, the director tells Esther McCarthy.Bruce Springsteen's Western Stars documentary more than just a music film

Apart from the several variations in its spelling in Irish and English, Inishtubbrid, Co Clare is also recognised by three other names: Wall’s Island; O’Grady’s Island and Inishtubber which surely puts it up there as the island with most names — not counting say Inisvickillane, Co Kerry which has about 33 variations to that spelling.The Islands of Ireland: In search of tranquility

More and more communities and volunteers are taking on environmental tasks around the country. In Clonmel, Co Tipperary, for example, people have united to get rid of Himalayan balsam, an invasive plant, from the banks of the River Suir.‘Bashing’ invasive plants

Halloween has become a consumer fest in recent years but there are a number of ways to reduce costs and waste — and make itHappy sustainable Halloween: Don’t be horrified with the waste at Halloween

More From The Irish Examiner