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Ireland Could Benefit From €3 Billion Euro Payoff

The State could be set for a €3 billion euro payoff later this year, under plans to sell some of its stake in AIB.

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The State could be set for a €3 billion euro payoff later this year, under plans to sell some of its stake in AIB.

Michael Noonan says the Government is looking at a date in May or June to sell off some of its shareholding.

Last year the State's total shareholding in the bank was valued at over €12 billion euro.

Around a quarter of that could be converted into cash in May or June, under plans confirmed by the Minister

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