Oireachtas Joint and Select Committees

Wednesday, 31 October 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Operations and Functioning of AIB: Discussion

2:05 pm

Photo of Arthur SpringArthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source

In essence, that means rather than a debt write down, there will be a margin moratorium for people. That is one way to look at it. I would like to ask Mr. Murphy about cost of funds. He expressed an interest in trying to sell the bank with a view to potentially different elements of funding for the bank coming about - wholesale deposits, etc. What could happen if we sell the bank and how low should interest and cost of funds go?

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