Wednesday October 21, 2020

Is BoI a new year banker?

The government may never have a better opportunity than the early months of 2014 to get a good price for its shareholding in Bank of Ireland

8th December, 2013
Richie Boucher, chief executive Bank of Ireland.

The government's disposal of its €1.8 billion preference shareholding in Bank of Ireland last week has cleared the way for the eventual sale of its 14 per cent ownership stake in the bank - the last vestige of five years of state support, and a valuable asset in the National Pension Reserve Fund's investment portfolio.

The multi-stage exit deal, completed last Wednesday, saw Bank of Ireland raise €580 million in a stock placing followed by the...

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.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

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 | 9 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 | 5 years ago