Oireachtas Joint and Select Committees

Wednesday, 29 April 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of the Banking Sector in Ireland (Resumed): Bank of Ireland

2:00 pm

Mr. Richie Boucher:

I am sorry, Deputy. I do not have the figures but it will be available on the Independent News and Media website as to the debt for equity conversion, which I think was done in 2012. It is publicly disclosed information because it was a public company, in terms of the quantum of bank debt that was converted for equity. I do not think it was broken down on an individual bank basis, and we do not disclose those figures, but as a matter of public record and as disclosed by the company, it has been converted.

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