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It is part of a consortium of private equity led by Dublin Cardinal Asset Management database to send a final bid for the strengthening of the EBS company next month, according to Reuters.

Dublin is seeking a buyer for EBS and Cardinal sought to inject up to EUR 600 million could be used to make additional transactions.

Analysts said there is a scope limited to page top banks to sell assets and sales could be at a discount, or require the Government to limit potential losses.

Jan Kees de Jager Dutch Finance Minister has warned it will be pain in any consolidation. ""Shareholders and the holders of bonds subordinated in Irish banks have to bleed in a restructuring process", he said.

Allied Irish Banks already sold active award Poland and the United States and the last week has discontinued the sale of its UK activities due to a lack of interest.

"We believe that any fast track forced transfer of assets will be most probably coming at a discount of book value, even after enabling Government towards the future loan loss allowance" said Ciaran Callaghan, analyst at NCB in Dublin.

He said that the Government is facing a "difficult task" accelerating the APR of assets and reduce its dependence on the financing of the ECB.

Gary McCarthy, analyst at Collins Stewart, said Mr. Honohan comments might indicate something even more dramatic, such as the full sale of IBA.

"An option, although difficult to execute, one is one of the banks disappears from the State budget", he said. ""It's not only about capital problem, it's thus financing on a daily basis".

Ireland 24pc tumble and nationalized Bank shares AIB lost 19pc as shareholders - dilution of injections of capital more, who could see AIB effectively.

"The banks will be forced to additional capital now seems assured; that which remains unclear is the extent, timing, and the source of any increase in required,"Emer Lang, Davy, analyst said in a research note.""

A report in the Financial Times said that the Government intends to take a majority stake in the Bank of the fleet Ireland would mean that the State would have holdings in all the major lenders in the country.

Some ready bailout could immediately to recapitalise the banks, but most of the funds is perceived as a net in case they need capital and ease of funding of the strains, said officials.

Mr. Honohan said a plan of what is called "bad bank" unveiled a year ago, known as group, did not descend from lenders and was too slow to be implemented.

"There was not the result that we hoped", he said. "Well, we have another go.Je am not pleading too many people say of course change, you are completely wrong, they say it is large enough and it is not surprising that we have been through yet.

Ireland emerge from the crisis stronger position, value store has partnered with Britain has 2 million customers postoffice and also Ireland North branches.

Brussels has already approved a plan concerning the Bank in the UK, but lets continue his Post Office of United Kingdom adventure is a long term contract.

Britain's financial regulator has sought to reassure investors that exposure United Kingdom Ireland and other savings banks struggling in the euro area is not a source of concern.

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