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Bank of Ireland on Baggot Street in Dublin. Julien Behal/PA Wire/Press Association Images

A quarter of Bank of Ireland to remain in private hands - report

Despite resistance from the bank, quasi-nationalisation appears inevitable but the government does want to keep a portion of the Bank of Ireland in private ownership.

THE GOVERNMENT IS aiming to keep at least one-quarter of Bank of Ireland in private hands according to a report today.

Writing in the Sunday Business Post, Jon Ihle says that the government wants to keep at least 25 per cent of the bank in the hands of current shareholders, bondholders and any strategic investors which emerge as it looks to raise €5.2 billion that will likely give the State a majority share in the bank.

The Department of Finance is devloping the plan to take majority control of the bank despite Bank of Ireland’s wishes for the State’s shares to remain at the current level of 36 per cent. Most analysts believe “quasi-nationalisation” is inevitable, the paper adds.

Read more from Jon Ihle in today’s Sunday Business Post >

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7 Comments
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    Mute Lloyd Christmas
    Favourite Lloyd Christmas
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    Apr 16th 2014, 11:18 AM

    1 in 2 people are either male or female

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    Mute Jimmy Connaughton
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    Apr 16th 2014, 12:51 PM

    Surely that should be everyone is either male or female.

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    Mute aisling doyle
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    Apr 16th 2014, 1:13 PM

    I’m 21 days smoke free :-)

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    Mute Allie Moore
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    Apr 16th 2014, 3:48 PM

    Great keep it up its hard for you but well worth the effort !

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    Mute Jane Travers
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    Apr 16th 2014, 10:03 PM

    Well done Aisling :)

    7
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    Mute Anto O Rourke
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    Apr 16th 2014, 11:30 AM

    Either make it illegal, or shut up about it. Useless story.

    63
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    Mute gerbreen
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    Apr 16th 2014, 10:01 PM

    bollocks to that – how many hours are lost each year “outside puffing”. How many sick days a year in HSE?

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    Mute TOP CAT
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    Apr 16th 2014, 11:22 AM

    They can’t afford to smoke anymore simple as…..

    38
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    Mute simon shewster
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    Apr 16th 2014, 11:31 AM

    I’d be afraid to know the statistic of smokers in germany, nearly everybody smokes, young and old.

    22
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    Mute Martin Bishop
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    Apr 16th 2014, 11:44 AM

    Yeah but there’s massive differences in Germany,

    - Smoking adverts exist on billboards and bus stops
    - Shops have adverts up in windows and behind the counter
    - Cigs are openly for sale, one example is in Aldi where instead of sweets at the checklike like you have in Ireland they have cigs…hundreds of the things!
    - Many streets have cig vending machines that can be used anytime.

    Goes to show that Ireland has done something right,

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    Mute Harry byrne
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    Apr 16th 2014, 4:26 PM

    As much as i dont like smoking its not illegal for god sake so i dont understand the point of the article…Who gives a sh*t!!

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    Mute Eoin Sheehy
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    Apr 16th 2014, 11:36 AM

    I’m all for the non-smoking campuses but the enforcement just isn’t there, if anyone has been to CUH you can hear that voice announcing that “Cork University Hospital is a smoke-free campus, the smoke from your cigarette is directly effecting patients in the breast cancer and cardiac unit overhead etc etc” but patients, staff and visitors still smoke there regardless, plenty porters bring the patients out for a smoke no bother!

    13
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    Mute Martin Bishop
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    Apr 16th 2014, 11:46 AM

    Many (not ALL) smokers have no regard for anyone else, especially in places where people have health issues.

    Anyone with asthma will tell you the problems that people smoking around them can cause, the last thing such a person needs is to walk through a cloud of smoke as they leave a hospital!\

    20
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    Mute Jane Travers
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    Apr 16th 2014, 12:09 PM

    Very true, Martin. I have to run the gauntlet of smoke every 4 weeks when attending the respiratory clinic. It’s ridiculous, but I do think it’s slowly improving.

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    Mute Alan O'connor
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    Apr 16th 2014, 2:46 PM

    The gauntlet of smoke?

    Oh the humanity!!!

    First world problems strike again.

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    Mute Jane Travers
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    Apr 16th 2014, 3:53 PM

    I quite enjoyed mixing that particular metaphor, Alan ;)

    You might say it’s a first-world problem, and possibly it is; if I had been born in the developing world I’d be dead long before now. Remember, though, this is a hospital. People shouldn’t have to risk their own health to any degree just to pass through the doors.

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    Mute Alan.V
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    Apr 16th 2014, 8:02 PM

    What a pile of drivel?

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    Mute Tinker Taylor
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    Apr 16th 2014, 12:38 PM

    This is about spending more money to help HSE smokers quit. I know of one person who availed of this scheme… a complete waste of money as she still puffs 20-30 per day. If HSE staff want to quit let them do so with their own cash and not the tax payer.

    13
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    Mute mmz
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    Apr 16th 2014, 7:21 PM

    I say they should fire all HSE staff that cannot keep their grubby yellow fingered mitts off of the cancer sticks for the 8 hours a day they are required to be at work.

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    Mute Sarah Boylan
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    Apr 16th 2014, 8:09 PM

    Get a grip of yourself….smoking is a personal choice. Sack the nurses, then who would be there to look after the whingers like you? Now im going to make a lovely cup of tea & have a lovely cigarette to go with it.

    18
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    Mute mmz
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    Apr 16th 2014, 9:10 PM

    No doubt you won’t be worrying about the medical services, hospital beds and hospital budgets that won’t be available for your children and relatives now or in the future when they need them, because the selfish, coffin nail addicted, people like yourself are using them all up – coughing up your lungs and polluting the place while you die slowly at huge expense to the taxpayer. That won’t worry you one little bit will it ?

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    Mute Sarah Boylan
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    Apr 16th 2014, 9:30 PM

    Nope!! It sure won’t u pathetic do gooding whinge

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    Mute Barry Walsh
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    Apr 16th 2014, 10:08 PM

    Well when youre out dogooding and moralling bullshitting out of you,make sure and berate the fatties in supermacs with their clogged arteries,and the alcoholics taking up valuable breathing space,and the junkies,they all need hospital beds too,at least smokers will agree with you that its a disgusting addiction,but the fatties all go around miffed about why theyre fat,as if it was a fcuking mystery!

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    Mute Sarah Boylan
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    Apr 16th 2014, 10:24 PM

    Well said Barry!!

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    Mute Sarah Boylan
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    Apr 16th 2014, 9:39 PM

    U sound like you could do with a smoke, would u ever light up!!! Sorry I meant lighten up……

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    Mute mmz
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    Apr 16th 2014, 10:35 PM

    You sound like you could be paid for by the tobacco – profits before people – industry….

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    Mute Sarah Boylan
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    Apr 16th 2014, 10:49 PM

    The tobacco industry could pay me all day long if they wanted, I’d be delighted!!!

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    Mute Sarah Boylan
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    Apr 16th 2014, 9:39 PM

    U sound like you could do with a smoke, would u ever light up!!! Sorry I meant lighten up……

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    Mute Sheik Yahbouti
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    Apr 16th 2014, 7:38 PM

    So?

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