Displaying items by tag: Banque Nationale de Paris
7th March 2011
BoI Shipping Loans Prime Asset for Euro Bank Purchase
Bank of Ireland's €1.4bn shipping loan and maritime business is now being targeted by potential buyers.
The Irish Independent reports that Spanish banking group Santander is interested in "cherry-picking" prime assets from Ireland's faltering financial institutions.
Santander has already paid almost €3 billion for AIB's Polish interest Banco Zachnodi, and now senior bankers believe it may be interested in buying parts of AIB and other Irish bank assets - including BoI's lucrative maritime loans business.
Credit Agricole and Banque Nationale de Paris (BNP) have also shown keenness in Irish assets, though it is thought their interest has cooled due to poor prospect for Ireland's economy.
The Irish Independent has more on the story HERE.
http://www.independent.ie/business/irish/santander-seeks-to-cherrypick-aibs-best-assets-2567661.html
Bank of Ireland's €1.4 billion shipping loan and maritime business is now being targeted by potential buyers.
The Sunday Independent reports that Spanish banking group Santander is interested in "cherry-picking" prime assets from Ireland's faltering financial institutions.
Santander has already paid almost €3 billion for AIB's Polish interest Banco Zachnodi, and now senior bankers believe it may be interested in buying parts of AIB and other Irish bank assets - including BoI's lucrative maritime loans business.
Credit Agricole and Banque Nationale de Paris (BNP) have also shown keenness in Irish assets, though it is thought their interest has cooled due to poor prospect for Ireland's economy.
The Sunday Independent has more on the story HERE.
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Ports & Shipping
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