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Ireland: Recapitalization and Restructuring of Bank of Ireland

Description

On 11 February 2009, the Irish Government announced its intention to inject EUR3.5 billion into Bank of Ireland Group - State aid N149/ 2009. Bank of Ireland has a balance sheet size in excess of EU...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

27 Mar 2009

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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