State sells off last of its shares in Bank of Ireland

The State has sold off the last of its stake in Bank of Ireland, the Finance Minister has confirmed.

The final shares were sold for around €841m – with individual shares sold for an average price of €6.17 each.The Department of finance said the State has now recovered almost €6.7bn in cash from its €4.7bn investment in the bank during the financial crash.“When I announced the launch of the share trading plan in June 2021, I commented that banking is an activity that involves taking credit risk and therefore should be provided by the private sector,” he said.

Source: News Formal (newsformal.com)

How much was wrote off by NAMA

After we bailed them out and then they screw us in return!

And this is why I've left Ireland ....R.I.P IRELAND 🙏🏾🙏🏻 SOLD off to the highest bidder 😡😡

Except when they fuck it up and then the taxpayers have to bail them out and pay for it for generations... Im getting sick of daily government quotes on banks, energy prices, homelessness, health service. All talk, smoke, mirrors and fuck all action.

Shame yee didn't think of that in 2008 but your investments and your friends were more important

It shouldn’t have been bailed out by the public.

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