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

Professor Patrick Honohan:

We have to sell it as quickly as possible, subject to financial stability conditions. If we sold it tomorrow at the current price, which would not be a very financially stable thing to do, but if we could do that, we would have the €9 billion, but that is not going to happen. We will do it in an orderly way.

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