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.

Mon, 22 Feb, 2010 - 14:49

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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CourtsBank of IrelandPlace: IrelandPerson: LenihanPerson: Finance MinisterPerson: Brian LenihanPerson: Joan BurtonPerson: Richard BrutonPerson: BrutonPerson: Governor of the CentralPerson: ProfessorPerson: Patrick HonohanPerson: HonohanPerson: Joe McHughPerson: McHughOrganisation: Bank of IrelandOrganisation: European UnionOrganisation: European CommissionOrganisation: RTÉ RadioOrganisation: Allied Irish BanksOrganisation: NAMAOrganisation: Labour PartyOrganisation: EUOrganisation: Fine GaelOrganisation: National Recovery Bank
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