State's stake in Bank of Ireland falls below 3%

Last June, the State began the process of selling some of its shareholding, which at that time stood at 13.9%. Picture: Denis Minihane.

The State has reduced its stake in Bank of Ireland to below 3% today.

The stake in the bank, which is held by the Ireland Strategic Investment Fund (ISIF), has declined from 3.996% to 2.956%.