Oireachtas Joint and Select Committees
Wednesday, 31 October 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Operations and Functioning of AIB: Discussion
1:55 pm
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
Approximately €1.4 billion of the recapitalisation was contingent capital under PCAR. It is due to be repaid to the State by 2016 on the basis that AIB does not hit the adverse scenario under the stress tests. Are the witnesses confident the contingent capital will be returned to the State according to the figures being worked on now?
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