Sign up to The Irish Times Archive (1859 - 2008)My Account »
Thu 10 Oct 2009Bank shares plunge as Lenihan signals delay over Nama
LOAN TRANSFERS to the National Asset Management Agency (Nama) could be delayed until next year, Minister for Finance Brian Lenihan said yesterday, confirming investors’ fears after a massive fall in the bank share prices.
In what was the worst day for Irish bank stocks since the collapse of Lehman Brothers, Bank of Ireland’s share price plunged 25 per cent. AIB fell as much as 26 per cent in trading, before ending yesterday’s session down 12 per cent on the previous day.
Choose a Subscription type - required
