Sunday December 8, 2019

Irish Central Bank plans €1.7 billion payment to state

Windfall stems from sale of bonds linked to Anglo liquidation

22nd April, 2016

Ireland’s central bank has earmarked around €1.7 billion for a payment to the government, sources have revealed.

The payment, which is in line with last year’s, stems from the bank’s profit in 2015, according to insiders who want to stay anonymous because the organisation’s annual report has yet to go to government.

It is understood the details may be announced as early as next week.

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