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Fri 09 Sep 2010Pension fund could fuel AIB - Lenihan

THERE IS a possibility of the Government using funds from the National Pension Reserve Fund (NPRF) to recapitalise Allied Irish Bank if necessary, Minister for Finance Brian Lenihan has said.

Mr Lenihan said that “finality” would be brought to AIB’s capital position over the next few weeks and this would not require additional borrowing if the State was involved.

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