DUBLIN, Sept 29 (Reuters) - Irish Finance Minister Brian Lenihan is expected to inject a further 2 to 3 billion euros of state capital into Allied Irish Banks, the Financial Times reported without naming any sources.
In the text of an interview with Lenihan published on its website, the newspaper said the announcement would be made on Thursday when the government has said it would detail the final costs for winding down nationalised Anglo Irish Bank.
Allied Irish needs to raise 7.4 billion euros of capital to meet new Irish regulatory demands by the end of 2010 and sold its 70 percent stake in Bank Zachodni to Banco Santander for 3.1 billion euros this month.
The paper also quoted Lenihan as saying that issues around Anglo's subordinated bondholders 'will be addressed' during Thursday's announcement.
(Reporting by Padraic Halpin. Editing by Robert MacMillan) Keywords: ALLIEDIRISHBANKS/ (padraic.halpin@reuters.com; Reuters Messaging: padraic.halpin.reuters.com@reuters.net; +353 1 500 1504) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
In the text of an interview with Lenihan published on its website, the newspaper said the announcement would be made on Thursday when the government has said it would detail the final costs for winding down nationalised Anglo Irish Bank.
Allied Irish needs to raise 7.4 billion euros of capital to meet new Irish regulatory demands by the end of 2010 and sold its 70 percent stake in Bank Zachodni to Banco Santander for 3.1 billion euros this month.
The paper also quoted Lenihan as saying that issues around Anglo's subordinated bondholders 'will be addressed' during Thursday's announcement.
(Reporting by Padraic Halpin. Editing by Robert MacMillan) Keywords: ALLIEDIRISHBANKS/ (padraic.halpin@reuters.com; Reuters Messaging: padraic.halpin.reuters.com@reuters.net; +353 1 500 1504) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.