Oireachtas Joint and Select Committees

Wednesday, 22 April 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of the Banking Sector in Ireland: Allied Irish Banks

2:00 pm

Photo of Pat RabbittePat Rabbitte (Dublin South West, Labour) | Oireachtas source

My second question is on privatisation. The delegates may tell me it is a matter for the Minister rather than the bank but I presume they have views. Given the healthier position of the State's finances and that there is no great pressure to move to dispose of the first tranche in 2015, do the delegates have a view, in the context of the commercial interest and restoration of the bank so it can perform normally in the economy, on the timeframe that would be ideal in so far as there is what I describe is a reality in the commercial world?

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