Brian Lenihan Jnr (Dublin West, Fianna Fail)

Deputy Burton raised the question of Anglo Irish Bank. I have made my position very clear on numerous occasions. Anglo Irish Bank must retain its banking licence and operate as a bank so that worse liabilities are not triggered. The State made clear at the time of nationalisation that any capital required would be provided. That remains the case.

The issue of overdraft reduction was examined in today's report. I do not have the finding before me but it has been examined. The findings will be published and the matter dealt with. Deputies will appreciate that the report was received only today.

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