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15/04/2011
€590m Loss For EBS
A pre-tax loss of €590m has been reported by EBS Building Society in 2010.
The amount is seven times larger than the shortfall in 2009.
At a discount of 60.4%, the Building Society said it had transferred €836m worth of loans to NAMA. They are expected to transfer an additional €65m this year.
(BMcN/GK)
The amount is seven times larger than the shortfall in 2009.
At a discount of 60.4%, the Building Society said it had transferred €836m worth of loans to NAMA. They are expected to transfer an additional €65m this year.
(BMcN/GK)
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