• Anglo Irish would need EUR29 billion under base scenario
  • Another EUR5 billion required under stress scenario
  • Allied Irish requires further EUR5 billion in capital before year end
  • Government will announce plans to recapitalise Allied Irish
  • Bank of Ireland does not require additional capital
  • Building society EBS will need to take account of higher haircut levels
  • No assessment yet done for Nationwide building society

The EUR/USD has fallen to a low of 1.3570 in early European trade.