Preparing for the worst

Preparing for the worst

A decade has passed since the fall of Anglo. But is the Irish banking system any better placed to ward off another catastrophe?

Ten years ago tomorrow morning, Anglo Irish Bank announced what would turn out to be its final set of annual results in its lifetime. The bank told its investors at the time that it made a profit for 2008 of nearly €800 million. That was down on the prior year, but a reflection of the fact that it took a “prudent collective impairment” of €500 million for loans that may go sour. It was a...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription


For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription


For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription


For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post