Oireachtas Joint and Select Committees
Thursday, 28 September 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector in Ireland (Resumed): Permanent TSB and KBC Bank
Mr. Stephen Groarke:
I should add that that is not the only area where we have an obligation to the State. We also have a separate obligation under the banking levy where we pay €27 million a year regardless of whether we make a profit or not.
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