Dáil debates

Thursday, 20 February 2014

Ceisteanna - Questions - Priority Questions

State Banking Sector

9:30 am

Photo of Shane RossShane Ross (Dublin South, Independent) | Oireachtas source

I was prompted to ask this question after seeing the Minister being interviewed by Bloomberg in a snowy Dallas. It seemed to me that he was making a pitch to international investors in this interview, pointing out that AIB and Bank of Ireland are for sale and what an attractive proposition they are. The Minister indicated in his reply that Bank of Ireland shares are currently priced at 33 cent. Does he feel under any pressure to sell the State's stakes in the banks? He referred in his reply to the next election. I do not see why that should be a cut-off point.

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