Ireland's central bank lifts ban on short selling
02 January 2012 Dublin
Image: Shutterstock
The Central Bank of Ireland has announced the end of the ban on short selling of certain financial instruments, which has been in place since September 2008.
The decision follows the completion of Bank of Ireland鈥檚 recapitalisation this year, the bank's spokeswoman Nichola Faulkner told Bloomberg BusinessWeek.
Bank of Ireland is 15 percent state owned while Ireland鈥檚 other two remaining listed lenders, Allied Irish and Irish Life, are both more than 99 percent state owned and thus listed on the junior market, BW adds.
The decision follows the completion of Bank of Ireland鈥檚 recapitalisation this year, the bank's spokeswoman Nichola Faulkner told Bloomberg BusinessWeek.
Bank of Ireland is 15 percent state owned while Ireland鈥檚 other two remaining listed lenders, Allied Irish and Irish Life, are both more than 99 percent state owned and thus listed on the junior market, BW adds.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities 麻豆影视传媒 Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities 麻豆影视传媒 Times
