Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I agree with the Deputy. I also want a long-term viable future for Permanent TSB. I believe it is on the path to achieving such a future. Its recent trading performance indicates that very clearly. As the Minister who represents the shareholding the Irish taxpayer has in the bank, which as I said a moment ago is still valued at €800 million, it is not appropriate for me to give an indication regarding whether another company or investor should seek to acquire that share. My objective over time is to realise the best return possible for the Irish taxpayer and to put in place the right kinds of supports within Permanent TSB to ensure that it has a successful and viable future ahead of it. This is a matter which is well understood by the chief executive and the board. We support them in their work.

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