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• Anglo_Irish_Bank abstract "Anglo Irish Bank was an Irish bank headquartered in Dublin from 1964 to 2011. It began to wind-down after nationalisation in 2009. In July 2011, Anglo Irish merged with the Irish Nationwide Building Society, forming a new company named the Irish Bank Resolution Corporation. Michael Noonan, the Minister for Finance stated that the name change was important in order to remove "the negative international references associated with the appalling failings of both institutions and their previous managements".Anglo Irish mainly dealt in business and commercial banking, and had only a limited retail presence in the major Irish cities. It also had wealth management and treasury divisions. Anglo Irish had operations in Austria, Switzerland, the Isle of Man, the United Kingdom, and the United States.The bank's heavy exposure to property lending, with most of its loan book being to builders and property developers, meant that it was badly affected by the downturn in the Irish property market in 2008. In December 2008, the Irish government announced plans to inject €1.5 billion of capital for a 75% stake in the bank, effectively nationalising it. The Dublin and London Stock Exchanges immediately suspended trading in Anglo Irish's shares, with the final closing share price of €0.22 representing a fall of over 98% from its peak.On 16 January 2009, the then Taoiseach Brian Cowen stated that is was "business as usual" at Anglo Irish Bank, and people should be reassured that the bank is solvent. Between June and September 2009, the Minister for Finance provided €4 billion in capital. In a statement on 30 March 2010, a day before Anglo Irish Bank reported its financial results, the Minister Of Finance, Brian Lenihan, announced an injection of €8.3 billion into the bank, noting that a further €10 billion may be required at a later stage to cover future losses and ensure an adequate capital base.Since the nationalization of Anglo Irish Bank a number of controversies have arisen over certain business practices and loans, including loans to directors and loans to people associated with Brendan Murtagh, EMPG, and the QUINN group.On 31 March 2010, Anglo Irish Bank reported results for the 15 months to December 2009. Loss for the period were €12.7 billion, with an operating profit before impairment of €2.4 billion and an impairment charges of €15.1 billion driving the overall result. It is the largest loss in Irish corporate history. Total assets declined to €85.2 billion at the end of 2009 from €101.3 billion in September 2008.The European Commission allowed the Irish government on 10 August 2010 to temporarily grant €10 billion to Anglo Irish Bank - this included an additional €1.4 billion sought by Ireland to allow the nationalised bank meet its regulatory capital requirements in light of increased costs associated with transferring loans to the National Asset Management Agency.In 2011 the accounts for UK savers were moved to the Allied Irish Bank (GB)".
• Anglo_Irish_Bank foundationPlace Dublin.
• Anglo_Irish_Bank foundationPlace Republic_of_Ireland.
• Anglo_Irish_Bank foundingYear "1964".
• Anglo_Irish_Bank keyPerson Se%C3%A1n_FitzPatrick.
• Anglo_Irish_Bank location Dublin.
• Anglo_Irish_Bank location Republic_of_Ireland.
• Anglo_Irish_Bank numberOfEmployees "1500".
• Anglo_Irish_Bank type Republic_of_Ireland.
• Anglo_Irish_Bank wikiPageExternalLink www.angloirishbank.ie.
• Anglo_Irish_Bank wikiPageExternalLink www.angloirishbank.ie.
• Anglo_Irish_Bank wikiPageID "741835".
• Anglo_Irish_Bank wikiPageRevisionID "605064137".
• Anglo_Irish_Bank companySlogan "N/A".
• Anglo_Irish_Bank foundation Dublin.
• Anglo_Irish_Bank foundation Republic_of_Ireland.
• Anglo_Irish_Bank hasPhotoCollection Anglo_Irish_Bank.
• Anglo_Irish_Bank homepage www.angloirishbank.ie.
• Anglo_Irish_Bank keyPeople "Former Sean FitzPatrick, current Mike Aynsley CEO".
• Anglo_Irish_Bank location "Dublin, Ireland".
• Anglo_Irish_Bank logo "100".
• Anglo_Irish_Bank name "Anglo Irish Bank".
• Anglo_Irish_Bank numEmployees "1500".
• Anglo_Irish_Bank type "State-owned".
• Anglo_Irish_Bank wordnet_type synset-company-noun-1.
• Anglo_Irish_Bank subject Category:Bank_failures.
• Anglo_Irish_Bank subject Category:Banks_established_in_1964.
• Anglo_Irish_Bank subject Category:Banks_of_Ireland.
• Anglo_Irish_Bank subject Category:Banks_of_Northern_Ireland.
• Anglo_Irish_Bank subject Category:Defunct_banks.
• Anglo_Irish_Bank subject Category:Financial_services_in_the_Republic_of_Ireland.
• Anglo_Irish_Bank subject Category:Government-owned_companies_of_the_Republic_of_Ireland.
• Anglo_Irish_Bank type Abstraction100002137.
• Anglo_Irish_Bank type BanksOfIreland.
• Anglo_Irish_Bank type BanksOfNorthernIreland.
• Anglo_Irish_Bank type Company108058098.
• Anglo_Irish_Bank type DefunctBanks.
• Anglo_Irish_Bank type DepositoryFinancialInstitution108420278.
• Anglo_Irish_Bank type FinancialInstitution108054721.
• Anglo_Irish_Bank type Government-ownedCompaniesOfIreland.
• Anglo_Irish_Bank type Group100031264.
• Anglo_Irish_Bank type Institution108053576.
• Anglo_Irish_Bank type Organization108008335.
• Anglo_Irish_Bank type SocialGroup107950920.
• Anglo_Irish_Bank type YagoLegalActor.
• Anglo_Irish_Bank type YagoLegalActorGeo.
• Anglo_Irish_Bank type YagoPermanentlyLocatedEntity.
• Anglo_Irish_Bank type Agent.
• Anglo_Irish_Bank type Company.
• Anglo_Irish_Bank type Organisation.
• Anglo_Irish_Bank type Organization.
• Anglo_Irish_Bank type Agent.
• Anglo_Irish_Bank type SocialPerson.
• Anglo_Irish_Bank type Thing.
• Anglo_Irish_Bank comment "Anglo Irish Bank was an Irish bank headquartered in Dublin from 1964 to 2011. It began to wind-down after nationalisation in 2009. In July 2011, Anglo Irish merged with the Irish Nationwide Building Society, forming a new company named the Irish Bank Resolution Corporation.".
• Anglo_Irish_Bank label "Anglo Irish Bank".
• Anglo_Irish_Bank label "Anglo Irish Bank".
• Anglo_Irish_Bank label "Anglo Irish Bank".
• Anglo_Irish_Bank label "Anglo Irish Bank".
• Anglo_Irish_Bank label "Anglo Irish Bank".
• Anglo_Irish_Bank label "Anglo Irish Bank".
• Anglo_Irish_Bank label "Anglo Irish Bank".
• Anglo_Irish_Bank sameAs Anglo_Irish_Bank.
• Anglo_Irish_Bank sameAs Anglo_Irish_Bank.
• Anglo_Irish_Bank sameAs Anglo_Irish_Bank.
• Anglo_Irish_Bank sameAs Anglo_Irish_Bank.
• Anglo_Irish_Bank sameAs Anglo_Irish_Bank.
• Anglo_Irish_Bank sameAs m.037gz6.
• Anglo_Irish_Bank sameAs Q541461.
• Anglo_Irish_Bank sameAs Q541461.
• Anglo_Irish_Bank sameAs Anglo_Irish_Bank.
• Anglo_Irish_Bank wasDerivedFrom Anglo_Irish_Bank?oldid=605064137.
• Anglo_Irish_Bank homepage www.angloirishbank.ie.
• Anglo_Irish_Bank isPrimaryTopicOf Anglo_Irish_Bank.
• Anglo_Irish_Bank name "Anglo Irish Bank".