Oireachtas Joint and Select Committees

Thursday, 1 December 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector in Ireland: Ulster Bank

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9:30 am

Mr. Paul Stanley:

With respect, I disagree with that. The sum of €1.5 billion reflects the €15 billion of capital that RBS put into the bank here. It was not actually the performance of the bank that generated that.

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