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Wed 09 Sep 2010Anglo claims €25bn is total cost if Nama loans do not fall further
THE COST of Anglo Irish Bank to the State will not rise above the current estimate of €25 billion if the National Asset Management Agency does not pay any less for loans yet to be transferred and unexpected sums are not lost on large client loans, the bank said.
Anglo yesterday reported the worst ever half-year results in Irish corporate history, incurring a loss of €8.2 billion for the first half of this year.
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