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Sat 05 May 2009Restarting flow of credit the most immediate challenge facing main banks

The substantial scale of the National Asset Management Agency’s proposed asset cleansing process for bank loans may represent overkill, at least for now, writes OLIVER O'SHEA.

THE BANKS’ full-year reports provided more detail than usual on asset quality, with the position of the two core systemic banks – AIB and Bank of Ireland – of most interest.

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