Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

In terms of where Permanent TSB fits into the overall banking strategy, is it the intention of the Minister that Permanent TSB remain within State ownership in the long term or is it intended that the bank will return to profitability and private ownership once much of the work has been done? I am not sure he has stated a preference in that regard, but we know that AIB is readying itself for the disposal of some equity down the road and private investment, which would be good for the bank. What is the Minister's view on Permanent TSB for the long term?

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