Former BOI chief expresses concern over NAMA

A former Chief Executive of Bank of Ireland has expressed concern about how the Government's bank rescue body will function.

Former BOI chief expresses concern over NAMA
Sun, 15 Nov, 2009 - 11:46

A former Chief Executive of Bank of Ireland has expressed concern about how the Government's bank rescue body will function.

Michael Soden says banks face a dilemma on future lending policies once NAMA pays over the €54bn for their property and development loan books.

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