Oireachtas Joint and Select Committees

Wednesday, 12 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Banking Sector: Permanent TSB

2:45 pm

Mr. Jeremy Masding:

I hope to submit it in the next couple of weeks. I cannot comment on the timeframe of approval. I apologise but I need to be very precise in my English. I do not actually submit it. I will submit it to the Department of Finance as the majority shareholder. I see no reason it will not support it. The Department will submit it to the European Commission and it then goes into the system. I could not comment on when or if it will be approved.