AIB buys back almost €1 billion of shares from the State

by Longjumping-Boot-387

12 comments
  1. I’d like to think the eye watering interest and fees I pay helped lighten the load

  2. Right lads, what are we doing with our windfall?! Long weekend an’ all.

  3. Why, if they are making such large profits, would the state not just hold onto a majority share holding? What’s the economic logic behind that?

  4. This is a pretty good sign, in terms of the banks’ loan balance sheet. 16 years post crash, last of the boomtime loans will be more than halfways mature. Wonder if we’ll see the banks start to fund developers again.

  5. Wait.

    So AIB which is what, 97% owed by the taxpayer. Used profits from the taxpayer owned business, to buy shares back. From the taxpayers whom those profits belong too????

  6. 10 months from now AIB seeks 100billion euro bailout 

  7. For all the moaners whinging here. There was nothing preventing you from investing and making bank on this. Your loss.

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