Summary
The general manager of Irish bank Allied Irish (AIB) has said the firm's fortunes in the UK are still promising, despite the collapsing Celtic Tiger giving the bank one of the worst years in its history.
AIB - which has five branches in the West Midlands - has had to double its budget for covering bad debts after discovering nearly pounds 750 million of new bad loans on its books in the last year.See the full content of this document
Extract
Fortunes of Allied Irish in Uk Stay Promising
The company, which has been bailed out by the Irish government, said pretax profit for 2008 totalled...
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