The Central Bank of Ireland says the cost of bailing out Anglo Irish Bank could rise to €34.3B...

|About: Allied Irish Banks, P.L.C. ADR (AIBYY)|By:, SA News Editor

The Central Bank of Ireland says the cost of bailing out Anglo Irish Bank could rise to €34.3B ($46.75B) in a worst-case scenario. State-owned Anglo Irish already has received €23B to prop it up. The central bank also says Allied Irish Banks (AIB) will need to raise an additional €3B by year's end. AIB -31.1% premarket.