Finance Dublin
Finance Jobs
Wednesday, 17th April 2024
    Home             Archive             Publications             Our Services             Finance Jobs             Events             Surveys & Awards             
Tier 1 Capital and the need for tax legislation to meet banking needs Back  
The Minister for Finance announced on the 11th February 2009 details of the recapitalisation plan to invest €7 billion in AIB and Bank of Ireland. Mike Hayes briefly examines the plan and the wider issue of the problems faced by domestic banks in raising capital. Critically, the competitive disadvantage that Irish bank’s experience in relation to their foreign counterparts as a result of the denial of a tax deduction for interest on Tier 1 capital is something that the government needs to address as a matter of urgency.

Access to this article is restricted to subscribers.

Please enter your email address and password and then click the button below:

Please enter you login details below:
Email address:

Digg.com Del.icio.us Stumbleupon.com Reddit.com Yahoo.com

Home | About Us | Privacy Statement | Contact
©2024 Fintel Publications Ltd. All rights reserved.