29 Mar
Profits of Irish Banks
We are hearing plenty about the problems of the banks in Ireland and according to this – the Irish Government has pumped in €27 billion to the banks in the past year .
What has happened to all the massive bank profits made over the previous years? Who has had all that money? Where has it all gone?
These are the profit figures for AIB , BOI and Anglo Irish in the last 5 years
|
Profits of Irish Banks (€ Euros)
|
|||
| Year | AIB | BOI | Anglo Irish |
| 2004 | 1.4 Billion | 1.27 Billion | 346 million |
| 2005 | 1.7 Billion | 1.32 Billion | 504 Million |
| 2006 | 2.6 Billion | 2.6 Billion | 850 Million |
| 2007 | 2.5 Billion | 1.9 Billion | 1.2 Billion |
| 2008 | 1 Billion | 1.93 Billion | 784 Million |
| 2009 | Loss 2.3 Billion | loss 0.6billion | Expected Loss 14 Billion |
With all those massive profits – why should the taxpayer be bailing them out?
In the case of Anglo since 2008 much of the deposits with the bank have been withdrawn whereas I understand the loan book is some 70 billion so I guess the profits are out there on loan
March 30th, 2010 at 10:46Can you not see?
Material wealth is not our true goal.
Current monetary system is doomed to fail.
The people are becomming aware.
They will not be slaves of the bankers for much longer.
A new era is upon us.
Seek the truth and it will set you free too.
We are all one.
July 10th, 2010 at 23:00