Bank of Ireland reports €2.9 billion loss
Bank of Ireland has reported an underlying pre-tax loss of €2.9 billion for the nine months to the end of December, after setting aside more than €4 billion for loan losses.
The Revenue has collected €30m as part of an investigation into deposits of over €100,000 in Irish banks, building societies and other accounts and payment of tax on undeclared interest, must be made by January 15, 2009 .