. Key benefits of the Transaction for the Bank
Hmm. Not a bad deal for shuffling a few pieces of paper around.and (ii) there is no change in the ECB Discount of 5.5%, the commercial return for the Bank from the Transaction would be expected to amount to up to A36.4 million (based on an interest margin of 1.35%).
In addition, the Bank’s reasonable and vouched costs and expenses in connection with the Transaction will be reimbursed by IBRC.
Any thoughts as to what 36 million euro could be better employed doing?