SOURCE: Allied Irish Banks, p.l.c.

November 08, 2010 10:14 ET

AIB - NAMA Loans

DUBLIN, IRELAND--(Marketwire - November 8, 2010) -

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 EUR3.2bn. As previously stated, NAMA has estimated the overall discount to be applied to the remaining c.EUR13.5bn 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 EUR13.5bn of loans that are intended to transfer to NAMA.


This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Allied Irish Banks, p.l.c. via Thomson Reuters ONE

Contact Information

  • For further information, please contact:

    Alan Kelly
    General Manager, Corporate Services

    AIB Group
    Tel: +353-1-6412162
    email: Email Contact

    Catherine Burke
    Head of Corporate Relations and
    AIB Group
    Tel: +353-1-6413894
    email: Email Contact