Friday April 10, 2020

‘Bad bank’ planners to look into bonds

Department of Finance plans to set up a so-called ‘bad bank’ to take on the impaired loans of Irish banks are focusing on ensuring that the move does not push up Irish government borrowing.

21st March, 2009

Department of Finance plans to set up a so-called ‘bad bank’ to take on the impaired loans of Irish banks are focusing on ensuring that the move does not push up Irish government borrowing.

The Sunday Business Post understands that the government is exploring mechanisms for funding the bad bank that would not have an impact on the state balance sheet or the national debt. Among the mechanisms being considered are the state...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 3 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago