Details of Nama discount leave the banks downbeat

Shareholders in AIB and Bank of Ireland received unwelcome news last week when each bank signalled that the discount applied to its Nama bound loans was likely to be higher than previously guided.

5th December, 2009

Shareholders in AIB and Bank of Ireland received unwelcome news last week when each bank signalled that the discount applied to its Nama bound loans was likely to be higher than previously guided.

The big two banks, which between them will transfer loans originally valued at €40 billion - more than half the Nama total - issued statements to the stock exchange that were viewed as more downbeat than previous messages on the new bad...

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