Oireachtas Joint and Select Committees

Wednesday, 1 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Ms Ann Nolan:

Well, at the time our assessment was that AIB needed about €5 billion or €5.5 billion ... somewhere between €5 billion and €5.5 billion. And we gave them €3.5 billion on the understanding that they would sell their Polish and US subsidiaries to make up the difference.

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