Oireachtas Joint and Select Committees
Thursday, 1 November 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Discussion with Bank of Ireland
11:40 am
Mr. Richie Boucher:
The primary focus we have is to reduce the risk to the State. We are making considerable efforts to give cash returns to the State and, which hopefully we are, to repay the investment of the State through cash and working through our strategy. All assets of the bank are available for sale at any time at the right price. Our College Green branch is our main branch in the centre of Dublin and the main branch for the extremely important franchise of Trinity College. It has more than 35,000 customers. We have a footfall of 1,000 customers per day and it is by far our largest branch. We have reconfigured our branch network around that and it is also our cash centre in the centre of Dublin. For those reasons, it is an extremely important commercial asset to us and our customers.
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