AIB boss talks up cash-raising options

AIB says a range of cash-raising options will be open to it next year before it has to look for more investment from taxpayers.

Speaking at the bank's extraordinary general meeting in Dublin earlier today, chairman Dan O'Connor said taking part in Nama will improve the bank's liquidity and funding position.

He said he still did not know how much capital it would need after transferring loans to the National Asset Management Agency but he said the bank has a wide portfolio.