Oireachtas Joint and Select Committees

Wednesday, 14 September 2022

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

Banking Issues: Discussion

Photo of Mick BarryMick Barry (Cork North Central, Solidarity) | Oireachtas source

What that would mean in effect is that, if the ECB hikes rates and AIB does not pass them on, that would mean a cut in AIB's profits, all other things being equal. To get an idea of what might be absorbed, will Dr. Hunt remind us what the pre-tax and after-tax profits were for the bank in the last year for which those figures were recorded?

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