ANGLO Irish Bank chairman, Alan Dukes has said that the complete wind down of the bank and its sister operation, the Irish Nationwide Building Society (INBS), could be completed quicker than the ten-year timeframe set by the Government.

NO further capital injections by the State are necessary in Anglo Irish Bank and Irish Nationwide Building Society (INBS), the Central Bank has said.

Dublin: The Central Bank will publish the results of stress tests on the Government-owned Anglo Irish Bank and Irish Nationwide on Tuesday, May 31, according to a Central Bank spokesman.

THE IRISH Nationwide Building Society (INBS) has reported “catastrophic losses” of €3.3 billion for 2010 in what management has called “the final act of a tragedy”.

AS much as 64% of the €464 million set aside by the Irish Nationwide Building Society (INBS) to cover unpaid loans last year related to lending in the Irish commercial property sector.