Oireachtas Joint and Select Committees
Thursday, 29 June 2017
Committee on Budgetary Oversight
Capital Investment: European Investment Bank
10:00 am
Colm Brophy (Dublin South West, Fine Gael) | Oireachtas source
The key matter is the capitalisation. Ultimately, the only thing that guarantees the security of everything, from the AAA rating to the ability of the bank to perform at its optimum level, is for the remaining 27 to effectively guarantee to replace that capital from their own resources. More than anything else, that will have a direct impact on the ability of the bank to finance future lending.
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