Dáil debates

Thursday, 6 November 2008

 

Financial Institutions Support Scheme.

2:00 pm

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)

——-under the legislation governing the scheme, a right of commercial interference in the banks is not given to the State. However, it is in the banks' commercial interests to pass on the benefit of the interest rate.

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