Oireachtas Joint and Select Committees
Thursday, 28 May 2015
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of the Banking Sector: Central Bank of Ireland
2:00 pm
Paul Murphy (Dublin South West, Socialist Party) | Oireachtas source
The part-privatisation of PTSB received relatively little publicity compared to Aer Lingus, although it is right that Aer Lingus is getting the publicity it is. One of the arguments with regard to PTSB was increased capitalisation, but is the bank any more capitalised when a form of State-owned capital is replaced by privately owned capital? The actual form in terms of contingency notes has changed, but is it actually any more capitalised?
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