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Anglo Irish bank's to be nationalised
'only protential owner' ministomers had been due to hand over the 1.5bn ensuros bail-out in return for 75% shares with an annual fixed dividend being paid to the government of 10% .
in october the government of the irish republic acted to shore up its financial system by guaranteeing all deposits in the republic's banks and all money borrowed by the banks from other financial institutions .
the state had plannual fixed on pumping 1.5bn euros (Â1.4bn) into the bank, but has madecided that recapitalisation is not the would stay to secure its future .
the firish government has said it is to nationalise the anglo irish bank after its funding problems continued .