The most loss-making bank of the world received $ 24 billion loss

One of the largest banks in Ireland, Anglo Irish Bank reported that, according to preliminary estimates, in 2010, its loss amounted to 16.7 billion euros (24 billion dollars). This is stated in the official press release, the financial institution. In 2009, Anglo Irish Bank took first place in the list of unprofitable banks in the world, compiled by the magazine The Banker. In 2009 the first loss of the Irish financial institution reached 18.5 billion dollars. Anglo Irish Bank was originally specialized in issuing loans to construction firms to Ireland. In the period of acute crisis and slump in real estate bank could not cope with debt and was nationalized. Immediately after the nationalization of the Irish government has allocated to support the Anglo Irish Bank about 5,5 billion euros. In late 2010 the Irish economy began to threaten the debt crisis, which previously suffered from other EU countries, including Greece, Spain and Portugal. First, the Irish authorities stated that the country will cope with a new crisis on their own, but then agreed to help the EU and the IMF in the amount of 85 billion euros. On materials: BFM.ru