A €250 million dividend payment from AIB to taxpayers will be used by the state’s strategic investment fund to pump into the economy.
The bank made the dividend payment recently from its €1.7 billion profits, but the money was not paid to the Exchequer. It was paid over to the Irish Strategic Investment Fund (ISIF), which officially holds the taxpayer stakes in AIB and Bank of Ireland.
The ISIF has two funds: its...
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