Oireachtas Joint and Select Committees

Tuesday, 9 April 2019

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

Business of Joint Committee
Matters Relating to the Banking Sector: Permanent TSB

Mr. Declan Dolan:

The bank must retain 5% of the notes to satisfy regulatory obligations and it is, therefore, essentially an investor in Glenbeigh Securities.

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