Ireland may consider selling a stake in state-owned lender Allied Irish Banks in late 2015 or 2016, Reuters quoted the country’s finance minister Michael Noonan as saying.
Last week, Noonan said that he expected the state would fully recover the EUR21bn ($26bn) injected into Allied Irish Bank following an economic crash in 2008.
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"There is a possibility that somewhere towards the back end of 2015 or in the course of 2016, but we don’t have an agreed timeline," Noonan told parliament when asked about the timing of a possible sale.
"We are not rushing into it," Noonan added.
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