BoI reveals €3.4bn losses in 'very challenging year'

Bank of Ireland has announced it suffered €3.4bn in pre-tax losses last year.

BoI reveals €3.4bn losses in 'very challenging year'

Bank of Ireland has announced it suffered €3.4bn in pre-tax losses last year.

In results just released to the stock exchange this morning, the bank said the 2010 figure includes €2.2bn they lost on the sale of assets to NAMA.

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