Bank of Ireland shareholders approve €3bn IBRC loan

Shareholders in Bank of Ireland have today formally approved a loan to the former Anglo Irish Bank.

Bank of Ireland shareholders approve €3bn IBRC loan

Shareholders in Bank of Ireland have today formally approved a loan to the former Anglo Irish Bank.

The €3bn loan to the Irish Bank Resolution Corporation (IBRC) will be used to redeem this year's promissory note payment for the cost of its bailout.

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