Unsecured creditors of the Irish Bank Resolution Corporation are set to receive their second dividend over the next few weeks.
In a statement, the Joint Special Liquidators of the bank said the payment will be received by the end of January.
The bank's unsecured creditors include the State, credit unions and local authorities.
The Joint Special Liquidators said the payment of this second interim dividend - worth €280m - will bring the total dividend received by admitted unsecured creditors to 50%.
"Department of Finance related claims in the region of €1.12 billion were submitted to the Joint Special Liquidators of IBRC which will result in a further €280m being returned as a result of this second interim dividend payment which will bring the total recovered to date to €560m," the liquidators said.
