Denis O'Brien: I would invest in Bank Of Ireland

Billionaire Denis O’Brien has said that he would invest in Bank of Ireland, as it has “cleaned up its balance sheet.”

27th January, 2012
Denis O'Brien

Billionaire Denis O’Brien has said that he would invest in Bank of Ireland, as it has “cleaned up its balance sheet.”

“Bank of Ireland has taken the medicine,” said O’Brien in an interview with Bloomberg Television today at the World Economic Forum’s annual meeting in Davos, Switzerland.

While Irish banks have written down their assets to market values and been recapitalised, “other banks around Europe...

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