Oireachtas Joint and Select Committees

Thursday, 1 November 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Discussion with Bank of Ireland

11:30 am

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

I will try to be as brief as possible. Bank of Ireland has made provisions in respect of the expectations for 2013. Last year, the fees paid to the State amounted to €449 million. To June of this year, it was €220 million. Does Mr. Boucher expect the fees to be substantially reduced or down to zero by 2013?

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