129742938969531250_31Beijing time on February 20, the evening news, the associated press reported, Ireland Bank (Bank of Ireland) said in a report released Monday, due to losses in the face of bad loans continue to be a large number of debt restructuring, Bank net profit from negative to positive in 2011. Ireland Bank is one of only 6 to avoid nationalisation of banks
guild wars 2 gold, in part by theIn 230 million-euro rebate 2011 net profit of 40 million euros (US $ 52.8 million). Ireland banks hit a history of loss of 609 million euros in 2010.
Since the long-term prosperity and economic collapse in the real estate bubble burst in 2009, Ireland Bank became the first Bank of net profit to positive. 2011 Ireland growth 9% to 71 billion euros in bank deposits, on the European Union and Ireland rely on decline in short-term liquidity of the Bank loans 29% to 22 billion euros. As the Bank cut and pensions, operating costs decreased by 8% to 1.65 billion euros. Ireland banks continue unprecedented massive writedowns on real estate loans, 2011 more than 19Billions of euros of loan cancellation
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