Oireachtas Joint and Select Committees
Wednesday, 30 June 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Banking Matters: AIB
Dr. Colin Hunt:
The Government has stated it does not have a strategic interest in being a long-term presence in the shareholder register of the institution. This is out there. It is a public statement. I have no influence over the timing of any decision the Government may take in future about whether it will reduce its shareholding in the AIB group. We are deeply conscious of our responsibility to ensure the organisation is as well-run as possible. We have a competitive range of products. We have a very good relationship with our customers. We have a strong investment proposition to bring to market in the event the Government decides to reduce its shareholding in AIB. As I said, we have no control or view on the timing of any decision the Government might take. In the event it makes such a decision we will do our utmost to ensure a strong investment proposition is brought to market.
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