Stephen Donnelly (Wicklow, Independent) | Oireachtas source

Mr. Duffy and his team are very welcome. I want to start by recognising some things that the bank has achieved and has done. First, I want to recognise the improved performance of the bank. A noticeable turnaround has been achieved by the bank, by the management of the bank and, no doubt, by all of the employees of the bank over the last few years. As the owners of the bank, I think we need to recognise there has been a very significant turnaround. I would like to also recognise the introduction of the debt-for-equity product. I know the numbers are still small but my understanding is that they are growing and it is obviously something we raised at the committee some time ago. AIB's look at the post-retirement period is also something that was raised at this committee and was something AIB acted on, which was very welcome.

The joint venture with the IMHO is very welcome and I am glad to hear that Mr. Duffy considers it a success. AIB also deserves recognition for a progressive approach to residual debt in comparison to one bank in particular, Bank of Ireland, and maybe some of the others. I think AIB has taken a progressive approach to this. While I do not want to put words in his mouth, I am delighted to hear Mr. Duffy say today that the bank would not have anything to fear from moving from a three-year to a one-year bankruptcy period. That is also very welcome.

Does AIB have a current market cap value on the bank?