Oireachtas Joint and Select Committees

Thursday, 10 April 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland

10:10 am

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

I thank Mr. Boucher and Mr. Mason for the presentation. I will begin the questions session by asking an obvious question. The State has a 14% holding in Bank of Ireland at a value of €1 billion. Has a timeframe been negotiated as to when the State will redeem its holding so that Bank of Ireland will then become a wholly privately owned company?

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