Bank not planning to seek funds from shareholders, says Goggin
Leading analysts and indeed some key Irish businessmen, such as Philip Lynch, have said banks have to tackle the capital issue and get back to the job they are there to do — to finance the Irish economy and those active in it.
Mr Lynch caught the mood of the country in an address to the IFA when he said: “Banks are not lending to each other, they are not lending to customers. This is having an increasingly negative impact right across the Irish economy. Businesses of all sizes and in all sectors are being adversely affected.
