Brian Lenihan Jnr (Dublin West, Fianna Fail)

The new going concern entity would be prepared for sale in due course. This option is being evaluated and holds out the prospect of reducing the impact on the taxpayer and yielding some value in the future when the bank is sold out of State hands. The bank has estimated that the new bank could become profitable over the medium term and a target exit from State hands could take place in five to seven years' time.

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