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Thread: Some "Recovery" - AIB Post 2012 Loss of 3.6 Billion!

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    Politics.ie Member Dublin 4's Avatar
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    Default Some "Recovery" - AIB Post 2012 Loss of 3.6 Billion!

    Overall losses for 2012 rose to €3.6 billion, from €2.3 billion a year earlier.


    AIB records full year loss of €3.6 Billion

    As the Mortgage Timebomb ticks, Cyprus gets a Black Eye, Grillo growls & Govt talks of a "Recovery" here is more carnage.

    Peter Matthews informed a Dail Committee on the 22nd of December that Irish Banks need another €60 Billion recap.

    After today's News on top of BOI's Losses etc - how much (if anything) do you think our Banks might need?

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    Politics.ie Member Morgellons's Avatar
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    If they do need more money what are the chances it will be a Cyprus type job? I think Irish banks are in remission at the moment but will soon become another Euro crisis.

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    Quote Originally Posted by Dublin 4 View Post
    After today's News on top of BOI's Losses etc - how much (if anything) do you think our Banks might need?
    These losses were entirely in line with projections going back two years and have been factored into the Government's recapitalisation plan. How come you didn't mention that?

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    Politics.ie Member Dublin 4's Avatar
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    They are losses- I've no interest in excuses...

    What about Matthews statement- how come you evaded that...

  5. #5
    Dylan2010
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    no no no, AIB is the best capitalised bank in Europe apparently......

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    Politics.ie Member Crazy horse 6's Avatar
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    One day the plebs will wake up and the government will have their hands in depositers bank acconts. It will happen overnight or on a long weekend. No Russian mafia here so will be interesting to see how the media on behalf of FG's PR department spin it.

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    Politics.ie Member Dublin 4's Avatar
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    You're naughty CH 6

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    I am not very clued in at these things, but who pays for this 3.6 billion loss? Does anybody pay for it, or is it just something that’s carried on a balance sheet? Presumably the hole left by this loss has to be filled from somewhere? Is this filled by the ECB?

    Anybody able to explain all this stuff in non-emotive, straight-forward terms? Without blame.
    I have no money, but I love my life.

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    Quote Originally Posted by Dublin 4 View Post


    AIB records full year loss of 3.6 Billion

    As the Mortgage Timebomb ticks, Cyprus gets a Black Eye, Grillo growls & Govt talks of a "Recovery" here is more carnage.

    Peter Matthews informed a Dail Committee on the 22nd of December that Irish Banks need another 60 Billion recap.

    After today's News on top of BOI's Losses etc - how much (if anything) do you think our Banks might need?
    Shure that's only less than 10m a day. petunia

  10. #10
    Politics.ie Member tigerben's Avatar
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    Sure AIB is a Pillar Bank , just don't stand to close to it, like the foundations of this state it seems to be full of pyrite. But as long as those on top Get their high wages which it seems are needed to attract the best and god forbid they'd be head hunted , all is ok with Noonan.

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