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

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

If he believes that potential investors could make a return of 8% to 12% on their investment, he obviously has an idea of the value of the investment.

If the AIB representatives are of the view that potential investors could have a return of 8% to 12% on their investment, they have a view on the value of the investment. If an investor invests €1 billion, perhaps 10% amounts to a certain figure. If the investment amounts to much more for the bank, the return will be much less. Does the bank have a figure in mind for the value of AIB? I know the bank will not share it with us if it is in negotiation.

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