(BKIR.L) Bank of Ireland (Governor & Co of) Buy/Sell

DUBLIN, Nov 2 (Reuters) - Shares in Allied Irish Banks fell more than 12 percent on Monday as a trader cited continued concern over the slow progress through parliament of a 54 billion euro ($79.60 billion) "bad bank" scheme.
"It's the same old story of the dragging on of the NAMA (debate) and the weakness of the Irish economy," the Dublin-based trader said.
The Irish government expects a law to establish the National Asset Management agency to be passed by parliament on Nov. 12, the minister in charge of coordinating voting said on Sunday after worries over its slow progress hit shares last week.
Shares in Allied Irish traded 11.9 percent lower by 0956 GMT at 1.65 euros, while the wider Irish market fell 1.3 percent and Bank of Ireland, which is also transferring assets to NAMA, fell 2.8 percent.
(Reporting by Andras Gergely; Editing by Erica Billingham) ($1=.6784 Euro) Keywords: ALLIEDIRISH/SHARES

(andras.gergely@reuters.com; +35315001518; Reuters Messaging: andras.gergely.reuters.com@reuters.net)

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