Oireachtas Joint and Select Committees

Tuesday, 2 April 2019

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

Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion

Mr. Des Carville:

Absolutely. The bank or brokers commenting on that transaction stated that it was profit and loss neutral and resulted in a quarter percentage point increase to capital and was, therefore, capital accretive. We have much commercially sensitive information but I am unsure how much of it I may share as, ultimately, it is the bank's information. I am trying to see whether there is any way I could aggregate the information or try to help the committee by providing some kind of analysis on it. If it is acceptable to the committee, I will take that issue away and consider what we could usefully do in that regard.

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