Oireachtas Joint and Select Committees

Tuesday, 26 September 2017

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

Banking Sector in Ireland (Resumed): Allied Irish Banks

4:00 pm

Mr. Bernard Byrne:

May I make two points? First, as part of the restructuring of the bank, the deferred tax asset was considered as part of the capital and, therefore, the State did not have to put in €3 billion of-----