Oireachtas Joint and Select Committees
Thursday, 4 April 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Matters Relating to the Banking Sector: Bank of Ireland
Ms Francesca McDonagh:
At the moment, ownership is held by a number of institutional investors and individual investors. The Government holds a 14% shareholding on behalf of the State. It is not necessarily our strategy for that to change. That is a matter for the Department of Finance and the Minister. It is not part of our strategy. We have set out a very clear strategy but it does not consider which of our shareholders should buy or sell our shares.
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