Dáil debates
Wednesday, 3 February 2010
Banking Sector Recapitalisation.
1:00 pm
Brian Lenihan Jnr (Dublin West, Fianna Fail)
I will not hazard any speculation on a percentage share that the State might or might not have in any particular institution as a result of capitalisation. I am in consultation with the Governor of the Central Bank, the regulator and my officials about the extent of capitalisation which will be required. The structural plans and their approval will have a bearing on that. Work on the structural plans is ongoing in the Commission and I anticipate the Commission will revert on the structural plans in the first half of this year.
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