Oireachtas Joint and Select Committees

Wednesday, 22 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

Thank you very much, Chairman. On page 6 of the C4b document, we have the discounts and the average was 57%.

A matter of concern, Chairman, would be that AIB at 56% is only 5% off Anglo and, you know, that compares adversely with Bank of Ireland, which at 43% is 18 points off Anglo. Does that have implications for this committee? Does AIB require substantial reform given it got so close to the Anglo in those percentages?

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