Oireachtas Joint and Select Committees

Wednesday, 19 December 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB

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4:40 pm

Mr. Ray MacSharry:

Excuse me. It should be at least 100% to 110%. That is what we are working towards. In the four years that we have been there we brought it from 265% by one means or another to 192%. We must continue to bring it down. That is a fact of life.

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