AIB WILL be the first Irish bank to issue a trading update to the stock market since the bank guarantee scheme was announced on September 30th when it publishes a management statement next Wednesday.
It will be followed by a trading statement from Irish Life Permanent the following Wednesday.
A day later Bank of Ireland will announce its interim results for the half-year to September 30th.
Davy stockbrokers said in a research note on Bank of Ireland yesterday that the bank guarantee "helps alleviate funding concerns but puts the focus firmly back on capital".
The firm said that, "with a number of banks succumbing to inexorable investor pressure for more capital", investors would be keen to hear the bank's views on whether it has enough capital and how it hopes to manage capital.
On December 3rd, Anglo Irish Bank will publish its results for the full year to September 30th.
SIMON CARSWELL
