FACTBOX - Key facts about Anglo Irish Bank

(Reuters) - The Irish government said on Thursday it would nationalise Anglo Irish Bank ANGL.I after its funding position was "weakened" in the aftermath of a loan scandal.

Finance Minister Brian Lenihan said the bank was solvent.

Here are some facts about the bank:

- Niche commercial lender Anglo Irish Bank was founded in 1964 and became a publicly quoted company in 1971. It lends to businesses in Ireland, Britain and the United States and also has operations in Germany and Austria. The government said it has a balance sheet of some 100 billion euros (89.6 billion pounds).

- It is one of the Irish institutions most exposed to property developers struggling since Ireland's property bubble burst in 2007, ending its decade-long "Celtic Tiger" boom.

- The lenders' woes were compounded last month when then chairman Sean FitzPatrick said that he had kept shareholders in the dark about 87 million euros of loans he had received from the bank, triggering a purge of senior management.

- Total director loans at the bank amounted to 150 million euros at the end of September.

- The chief executive of Ireland's financial regulator said this month he would retire at the end of January after an internal probe concluded there was a breakdown in communications at the watchdog over the Anglo Irish scandal.

- The Irish Financial Services Regulatory Authority has since launched a review of directors' loans at all Irish banks.

- Under the initial bank bailout plan announced last month, the government was going to inject an initial 1.5 billion euros of core tier 1 capital via preference shares into Anglo Irish, which was to give the state 75 percent of all voting rights in the bank.

- The government will not now proceed with that recapitalisation.

(Reporting by Andras Gergely)