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Wed 08 Aug 2009AIB reports half-year loss of €872m
Allied Irish Banks (AIB) reported a pretax loss of €872 million today for the first six months of the year as a €2.37 billion charge for impaired loans ate up its bottom line.
The group said it was premature to estimate the impact on its capital base from the establishment of National Asset Management Agency (Nama) but, in some relief to investors, it did not alter its provision charge for this year.
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