Oireachtas Joint and Select Committees

Thursday, 6 July 2017

Public Accounts Committee

2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015

9:00 am

Ms Ann Nolan:

We cannot project the dividend because the dividend is a function of how much profit it makes but also its agreement with the SSM - the ECB. So it must clear it. It is for the board, which is independent. If the Deputy is asking me what I am hoping for, I would hope it would pay a bigger dividend next year in view of the fact that last year was the first dividend. However, I do not know.

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