Dáil debates
Tuesday, 30 January 2018
Priority Questions
Banking Sector
5:10 pm
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
As I said a moment ago it is not my objective to be the long-term owner of Permanent TSB on behalf of the Irish taxpayer. In the first instance, it is a matter for the board to adjudicate on whether any potential purchaser is in the best long-term interests of the company. The objective I want to pursue from a banking policy point of view is the strengthening of competition within the market. Permanent TSB is already making very strong progress with regard to competition, lending and investment, as indicated by the third quarter trading statement. I will continue to support it in its work, as appropriate.
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