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

In his opening statement Mr. Boucher acknowledges the State's 14% stake in Bank of Ireland. When Mr. David Duffy of AIB was before the committee yesterday afternoon, I asked him whether the State's 99% ownership of that bank afforded it a certain level of flexibility not available to other banks operating in a more private capacity. He refuted that, however, maintaining that his bank is operating in very much the same line as its competitors. There has been a great deal of comment on the disparity between decisions made by the different banks. Do the delegates see themselves as having the same types of flexibilities as AIB has in regard to resolution processes and dealing with the distressed book?