Anglo Irish’s Dukes Says Banks Will Need All Aid, Tribune Says
Anglo Irish Bank Corp. Chairman Alan Dukes said he believes the country’s banks will need to draw on all 35 billion euros ($46.3 billion) of capital earmarked for lenders as part of Ireland’s international aid package, the Sunday Tribune reported.
The government said on Nov. 28 that after 10 billion euros is provided for the banks in early 2011, the remaining 25 billion “will be provided on a contingency basis.”
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