Oireachtas Joint and Select Committees
Wednesday, 14 September 2022
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Issues: Discussion
Mick 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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