Permanent TSB’s failure to pass the Europe-wide banking stress tests last week means that the government’s stake in the bank will definitely be diluted in the next nine months.
When the bank taps the markets for around €125 million, it will potentially be the first step in an end game for the state’s involvement in the banking sector.
AIB is the largest surviving ward of the state, having sucked...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team