Oireachtas Joint and Select Committees

Thursday, 5 November 2020

Public Accounts Committee

2019 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2019
Chapter 17 - Ireland Apple Escrow Fund

11:30 am

Photo of Brian StanleyBrian Stanley (Laois-Offaly, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

I will remain with the issue of banks for the moment. The State has shares in three banks. It has a 13.95% share in the Bank of Ireland, and as I understand it, there was a dividend payment of €24 million in 2019. In respect of AIB, the State has a share of just over 71% in the bank, and, in 2019, there was a dividend payment of just over €228 million. How much of a share does the State have in Permanent TSB? There was no dividend payment from that bank in 2019. Will Mr. Moran address that point briefly? How much of a share does the State have in Permanent TSB?