Lenihan: Bank stake 'makes perfect sense'

Finance Minister Brian Lenihan today insisted a 15% shareholding taken by the state in Bank of Ireland today makes perfect sense.

Lenihan: Bank stake 'makes perfect sense'

Finance Minister Brian Lenihan today insisted a 15% shareholding taken by the state in Bank of Ireland today makes perfect sense.

The 184 million shares will go into the national pension fund after the European Union stalled plans for a €250m cash dividend.

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