Planned changes to how banks have to calculate their regulatory capital could save Bank of Ireland and AIB up to €500 million per year up to 2023.
Under new proposals being considered by the European Union, banks will have longer to implement regulations restricting the use of so-called deferred tax assets, or losses they can write off against tax, in their capital base.
According to the Basel 3 rules, which are being phased in starting this...
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