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According to the associated press, Ireland Bank (Bank of Ireland) said in a report released Monday, due to losses in the face of bad loans continue to be a large number of debt restructuring tor credits, Bank net profit from negative to positive in 2011. Ireland Bank is one of only 6 to avoid nationalisation of banks, partly thanks to 230 million euros in tax rebates, 2011-year net profit of 40 million euros (US $ 52.8 million). Ireland banks hit a history of loss of 609 million euros in 2010. Since the long-term prosperity of economy in 2009 since the bursting of the housing bubble crash, Ireland designed Bank became the first net profit at the Bank. 2011 Ireland bank deposits growth 9%71 billion euros, on the European Union and Ireland rely on decline in short-term liquidity of the Bank loans 29% to 22 billion euros. As the Bank cut and pensions, operating costs decreased by 8% to 1.65 billion euros. Ireland banks continue unprecedented massive writedowns on real estate loans tera power leveling, 2011 loan write-off of more than 1.9 billion euros, an increase of 4%�� Online statement Gold: gold online reprint of the above content, does not indicate that confirm the description, for investors ' reference only and does not constitute investment advice. Investor operations accordingly, at your own risk.