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8 Nov 2010 14:45
For Immediate Release | 8th November 2010 |
AIB - NAMA Loans
DUBLIN, Ireland (8 November 2010) - Allied Irish Banks, p.l.c. ("AIB") [NYSE:AIB] announces that it has transferred loans for a further 20 customers to NAMA totalling €3.2bn. As previously stated, NAMA has estimated the overall discount to be applied to the remaining c.€13.5bn of loans to transfer to NAMA, by year end, including these loans, at 60%. AIB has agreed with NAMA that the final tranche can complete on a phased basis. This transfer is part of the final tranche of €13.5bn of loans that are intended to transfer to NAMA.
- ENDS -
For further information, please contact:
Alan Kelly | Catherine Burke |
General Manager, Corporate Services | Head of Corporate Relations and Communications |
AIB Group | AIB Group |
Dublin | Dublin |
Tel: +353-1-6412162 | Tel: +353-1-6413894 |
email: alan.j.kelly@aib.ie | email: catherine.e.burke@aib.ie |
ALBK.L (ALBK)
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