Oireachtas Joint and Select Committees
Thursday, 2 March 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Debt Write-down and Debt Resolution Policies: Allied Irish Banks
Mr. Jim O'Keeffe:
The total is €3.5 billion and I will put that significant number in context. Over the past week or ten days the external world has become complicated for all of us but let us consider that we started out with debt of €30 billion and a key part of it was to enable the bank to make sure that we were able to help customers move on with their financial lives.
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