Oireachtas Joint and Select Committees
Wednesday, 31 October 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Operations and Functioning of AIB: Discussion
1:45 pm
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
I know many of the bank's employees. They would welcome the imposition of such a levy on super pensions, as it would be viewed as equitable, particularly by those who are losing their jobs as a result of the downsizing. People who worked in the bank right up to the middle of the crash and who were a part of the excessive lending have walked away with golden parachutes.
Regarding lending to small and medium-sized enterprises, SMEs, the presentation mentioned that the bank had surpassed the 2011 and 2012 targets. Given the figures released by the Central Bank, this seems to be a question of the interpretation of what we call new lending. I presume that the bank does not view restructuring as new lending.
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