Oireachtas Joint and Select Committees
Tuesday, 27 March 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Overview of Operations: Strategic Banking Corporation of Ireland
2:00 pm
Mr. Nick Ashmore:
We do not have a firm estimate on that because we are looking at the potential to team different schemes up together under one platform, working with the European Investment Bank. It would certainly leverage a scheme of at least that size. It depends on the structure of the guarantee and the nature of the interest rate parameters that are set around the scheme. Unfortunately, I cannot give the Senator a hard answer on that point because we are still working on that analysis.