The earnings report came a day after the Irish government announced plans to pump more billions into the shattered banking sector and unveiled its terms for taking on the most toxic debts.
The bank has changed its financial year to coincide with the calendar year, as other Irish banks do, and did not detail comparisons for the final nine months of 2008.
During the fiscal year ending March 31, 2009, Bank of Ireland made a profit of euro18 million, with impairment charges amounting to euro1.44 billion.
Irish Finance Minister Brian Lenihan announced Tuesday that the states “bad bank” - the National Asset Management - - - - >

Australia needs to open its share market to competition in order to develop into an Asia-Pacific financial services hub, said the minister, Chris Bowen. He said more competition also should cut costs for 6 million Australians who own shares directly or through pension funds.
“If Australia seriously wants to be considered as a financial center, if we seriously want to be regarded as a global financial services hub, then the days of having a monopoly in our capital and financial markets need to come to an end,” Bowen told reporters.
Plans call for the second exchange to be set up by an - - - - >

The Treasury Department said Monday it will begin selling its stake in Citigroup Inc. at a potential profit of about $7.5 billion - not a bad haul for an 18-month investment.
The move is a major step in the governments effort to unravel investments it made in banks under the $700 billion Troubled Asset Relief Program at the height of the financial crisis.
Yet a year and a half after Congress passed the big bailout, other parts of it - particularly troubled automakers General Motors and Chrysler and insurer American International Group - show no signs of being profitable.
Despite the returns from - - - - >

Moroccos official MAP news agency said that Ahmed bin Zayed Al Nahyans glider went down in the lake Friday. The pilot of the aircraft was rescued in good condition, but authorities continued the search for Al Nahyan.
Al Nahyan is the managing director of the Abu Dhabi Investment Authority. He is also the younger brother of Sheik Khalifa bin Zayed Al Nahyan, the leader of the United Arab Emirates.
The Abu Dhabi Investment Authority could not be immediately reached for comment.
The glider went down near the Sidi Mohammed Ben Abdallah Dam, which forms the lake. It - - - - >

In theory, the effort unveiled Friday would help millions of troubled homeowners who owe more on their mortgages than their homes are worth, or who are jobless and need a break on their payments.
But it depends on cooperation from investors and bankers, many of whom have been locked in disputes over whether to reduce the debt owed by homeowners.
And just like the bank bailouts, this rescue plan poses risks. If it doesnt slow the wave of foreclosures or if home prices nosedive, the tentative recovery in the housing market could fizzle.
The Obama administration says the plan will help stabilize the - - - - >

The legislation, an Obama domestic priority overshadowed by his health care victory, represents the most sweeping rewrite of college assistance programs in four decades. It strips banks of their role as middlemen in federal student loans and puts the government in charge.
The House passed the measure 220-207 as part of an expedited bill that also fixed provisions in the new health care law. Earlier Thursday, the Senate passed the bill 56-43.
The switch to direct government loans will result in savings to boost Pell Grants and make it easier for some workers to repay their student loans. In addition, some borrowers - - - - >

The Commodity Futures Trading Commission is taking up the question, a new twist for an agency with a hands-off approach in recent years toward the financial markets.
The CFTC is holding a public meeting Thursday to gather views from exchanges, banks and traders on restricting the amount of trading in gold, silver and copper futures by market players who are solely financial investors.
The discussion also will focus on how transparent prices are in the metals futures markets and how they are influenced by developments in the physical markets.
The agency in January took a first step aimed at reining in oil speculation, - - - - >

The proposal, which still needs approval from creditors, comes after months of talks following Dubai Worlds bombshell announcement in November that is would seek delays in repaying $26 billion in debt. The conglomerates woes have symbolized Dubais plummet from boom years to lean times as the global downturn ravaged the city-states ambitious growth plans.
The chairman of Dubais supreme fiscal committee said in a statement that the support aims to ensure Dubai World and property development arm Nakheel are “key contributors to the strong economic future” of the city-state. The plan offers creditors full repayment on the principal of their outstanding - - - - >

Obama made better coverage for children a centerpiece of his health care remake, but it turns out the letter of the law provided a less-than-complete guarantee that kids with health problems would not be shut out of coverage.
Under the new law, insurance companies still would be able to refuse new coverage to children because of a pre-existing medical problem, said Karen Lightfoot, spokeswoman for the House Energy and Commerce Committee, one of the main congressional panels that wrote the bill Obama signed into law Tuesday.
However, if a child is accepted for coverage, or is already covered, the insurer cannot exclude - - - - >

Over the past 18 months, Washington has taken extraordinary steps to keep home loans available and affordable. That caused a tentative housing recovery last year. Home sales reversed their four-year descent, while prices stabilized.
One big reason: The government seized control of Fannie Mae and Freddie Mac, massive companies that purchase home loans, package them into investments and guarantee them against default. The price tag has been huge - $126 billion and growing.
Now comes the hard part: figuring out what to do next.
With the Obama administration largely mute on the issue, Congress will hold its first hearing Tuesday about how to - - - - >