Oireachtas Joint and Select Committees

Wednesday, 30 June 2021

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

General Banking Matters: AIB

Photo of John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

With regard to the AIB's brand, Dr. Hunt's opening statement mentioned it is expanding and mentioned Ulster Bank. Does Dr. Hunt see the bank having to have the government prop for a long period of time? Is he happy the bank is now getting to a point similar to Bank of Ireland and that it is open to sale? Is there a complete gap between the possibility of a sale of those shares and the financial condition or general administrative condition of the bank? I know it is working hard to get to that point. I am sure Dr. Hunt would like to lessen the shareholding of the Government.

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