Former Irish prime minister John Bruton has travelled to the Gulf states, including Saudi Arabia, Bahrain and Qatar, to sound out their interest in buying one of Ireland's troubled banks.
According to The National, an Abu Dhabi-based newspaper, Mr Bruton has met with sovereign wealth funds in the Gulf in an attempt to attract billions of pounds of badly-needed outside investment.
"The message was 'our banks are for sale to any investors, foreign or local'," said a Gulf-based executive quoted by The National.
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