November 30th, 2009
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Ireland's top two banks hope to get about 28.2 billion euros (42.5 billion dollars) in return for soured property loans which will be transferred to a "bad bank" scheme, they said in statements on Monday.
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Bank of Ireland and Allied Irish Banks may receive a combined 28.2 billion euros ($42.5 billion) for the toxic property loans they are selling to the country’s bad bank, the National Asset Management Agency, Blooomberg News reported.
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Nov. 30 (Bloomberg) -- U.K. mortgage approvals climbed in October to the highest level in 1 1/2 years, adding to signs the economy is shaking off the recession.
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(Nov 30, 2009) - The city will look at offering low-interest loans to building owners as part of a new push to fill office space in the downtown.
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