BANK OF IRELAND
 STATEMENT ON CAPITAL RAISING PLANS
  07 February 2011
The Bank notes recent media speculation concerning the  Bank's plans for meeting the Central Bank's incremental Core Tier 1  capital requirements of €2.199 billion by 28 February 2011, announced on  28 November 2010. 
  
 The Bank is discussing a number of structures with the  State to raise the requisite Core Tier 1 capital by 28 February 2011.   The Bank's objective in these discussions is to facilitate a subsequent  stock offering to stockholders, at a point when there is likely to be  further clarity following the Prudential Capital Assessment Review  (PCAR) and Prudential Liquidity Assessment Review (PLAR) which are due  to be completed by the 31 March 2011.  None of these structures has been  approved by or agreed with the State, and there is no certainty as to  which, if any, of the structures under consideration will be adopted.
  
 A further announcement will be made in due course.
E da un articolo: 
Bank of Ireland has said it is in talks with  the State about ways of meeting financial targets set by the Central  Bank for the end of this month.
 The bank must raise €2.2 billion of capital, €700m of which has already come through a bond exchange.
 In a statement responding to media speculation about the bank's  plans, Bank of Ireland said it was discussing 'a number of structures'  with the State.
 It said it was aiming to facilitate a share offering to shareholders  at some point after February 28, when there was further clarity after  Central Bank reviews of the banks' financial position, which are due to  be completed by March 31.
 There were reports at the weekend that State funding could be used as  a short-term bridge without increasing the taxpayer stake in Bank of  Ireland.