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Tue 01 Jan 2009Lenihan rules out nationalisation of AIB, BoI
The Government will ensure AIB and Bank of Ireland are not nationalised and will proceed with a planned recapitalisation, the Minister for Finance told the Dáil this afternoon.
During a debate on legislation to provide for the nationalisation of Anglo Irish Bank, Brian Lenihan said the Government’s “firm intention is that both banks [AIB and Bank of Ireland] remain in private ownership”.
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