LENIHAN TO DEAL WITH BAD BANK LOANS. Finance Minister Brian Lenihan is looking at a major change to NAMA. This change will prevent banks from handing over their bad loads for cash from the government. Mr. Lenihan is also expected to release more information on the NAMA purchases next month. For right now he is looking at everything everyone including the Green Party had to say ... Read More

Credit Agricole Sitting Pretty. During the second quarter the net income at Credit Agricole rose dramatically. The bank saw a strong jump in their investment of 201 million euros. Last year Credit Agricole saw a net income of only 76 million euros. Credit Agricole has completely implemented itself to be adaptive to the current economic situations. This has allowed Agricole to bend to meet the real economy. Georges Pauget, Chief Executive Officer stated, “this is not only relevant, but sound, ... Read More