Nationwide may fetch ‘as much as €2bn’

It is neither a typical building society nor a mainstream bank, and the odd retail-commercial split of Irish Nationwide Building Society could be a strength or a weakness when it’s sold in a looming auction, according to analysts.

26th August, 2006

It is neither a typical building society nor a mainstream bank, and the odd retail-commercial split of Irish Nationwide Building Society could be a strength or a weakness when it’s sold in a looming auction, according to analysts.

The society, which has been run by managing director Michael Fingleton for decades, will likely be sold in the coming months. It will be the largest sale of a banking asset in Ireland since Danske...

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