The Irish Government has announced plans to recapitalise the country's three biggest banks.
A total of 5.5bn euro will be injected into the Allied-Irish Bank, the Bank of Ireland and the Anglo-Irish Bank in return for shares.
Anglo-Irish will receive 1.5bn euro in return for 75% shares with an annual fixed dividend to government of 10%.
The government will give 2bn euro each to Bank of Ireland and Allied Irish Bank for an annual dividend of 8%.
They will also receive 25% voting rights on their respective boards.
There have been widespread calls for the scheme to be dependent on changes to the management of the banks.
However, Taoiseach Brian Cowen said that would not be a precondition.
A lack of liquidity has made it increasingly difficult for the three banks to lend money to their customers.
Mr Cowen said the scheme would send a strong signal to the markets about the stability of the Irish financial system.
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