Oireachtas Joint and Select Committees

Tuesday, 3 November 2015

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Single Resolution Fund Motion: Discussion

5:15 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Yes, I understand that. Let us say we have ten banks instead of three. The Minister has mentioned the two pillar banks and Permanent TSB. If we imagine we have ten banks, would all of them have access to the fund and contribute to it? When this was originally announced, it numbered two or three larger banks across member states. How does that work?

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