Oireachtas Joint and Select Committees

Wednesday, 31 October 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Operations and Functioning of AIB: Discussion

1:15 pm

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

I wish to clarify what I interpret Mr. Duffy as saying. Apart from the possibility of the ESM taking a direct stake in AIB sometime in the future, even at this point the bank is engaging with potential investors explaining its strategy for getting back to profitability with a view to them potentially investing in the equity of the bank in a couple of years time or beyond. Is that essentially what he is saying?

Comments

No comments

Log in or join to post a public comment.