Oireachtas Joint and Select Committees

Wednesday, 5 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Banking Sector: Bank of Ireland

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4:35 pm

Mr. Richie Boucher:

In effect, a third party contractor is providing services for AIB. We use third party contractors in a range of our businesses. Given that AIB has €5.4 billion in defaulted loans, I can understand it needs help. It is getting help, which is an issue for it.

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