Brian Lenihan


* "The fact is that our banking system, to a greater or lesser extent, engaged in reckless property development lending. In too many cases there were also shoddy banking practices. The banks played fast and loose with the economic interests of this country.


* "The detailed information that has emerged from the banks in the course of the Nama process is truly shocking. At every hand's turn our worst fears have been surpassed.


* "Senior figures in Irish banking made appalling lending decisions that will cost the taxpayer dearly for years to come… The banks should be extremely grateful for the continued support and forbearance extended by the citizens. They must now repay that debt by facilitating the economic recovery which is widely forecast to get under way in the second half of this year."


Mike Aynsley


"Given the current stressed environment, particularly in Ireland, it is difficult to estimate with accuracy what the future levels of impairment on post-Nama loans are likely to be. However, the bank will continue to vigorously monitor its loan book and work with borrowers to maximise recovery on all impaired loans."


Richie Boucher


"With hindsight, it is clear that the bank's growth ambitions in previous years had been framed against an overly optimistic view of the outlook for the Irish economy and it was too exposed to the property sector and too reliant on wholesale funding. Consequently the group was particularly affected by the severe economic downturn of the last two years in the Irish market, compounded by the worst turmoil global financial markets had experienced since the 1930s."


AIB


"We are now actioning additional self-help options, in particular asset and business disposals. AIB will receive full credit from the Financial Regulator for disposals which have been agreed at year end but may be awaiting regulatory approvals prior to completion."


Matthew Elderfield


"It is important that our banks move to a strong capital position as soon as possible and that we draw a line under the Irish banking crisis."