Oireachtas Joint and Select Committees

Tuesday, 26 September 2017

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

Banking Sector in Ireland (Resumed): Allied Irish Banks

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4:00 pm

Mr. Bernard Byrne:

The recent valuation of the bank included the guts of €3 billion of deferred tax asset in its overall tangible value and the bank sold it for book value.

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