Oireachtas Joint and Select Committees

Tuesday, 9 March 2021

Public Accounts Committee

Strategic Banking Corporation of Ireland: Financial Statements 2019

9:30 am

Mr. Ian Black:

In order to get that, we would have to subsidise the banks to do it. We need the money from the Exchequer, either from the Department of Agriculture, Food and the Marine or the Department of Enterprise, Trade and Employment, and it is state aid. It is a subsidy and we need to comply with state aid rules. It is subject to that.

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