Thursday September 24, 2020

Bank Of Ireland to announce further asset sales "in coming weeks"

Bank of Ireland's chief executive officer, Richie Boucher, has told an investment conference in New York that the bank expects to announce further asset sales in coming weeks.

14th November, 2011

Bank of Ireland's chief executive officer, Richie Boucher, has told an investment conference in New York that the bank expects to announce further asset sales in coming weeks.

Boucher also said that the bank was in advanced discussions with potential purchasers of its Burdale Finance assets in Britain and other project finance loans.

Last month, Bank Of Ireland agreed to sell €5 billion of loans, including US and British commercial real-estate portfolios, at an average...

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