Dáil debates

Thursday, 18 February 2021

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation

 

1:00 pm

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael) | Oireachtas source

I understand where the Deputy is going with this but I am constrained by stock market rules in what I can say in this regard. What I will say is, as I said earlier, that the Government supports the concept of establishing a third banking force with sufficient scale to challenge Bank of Ireland and AIB. We have never really had that in Ireland and it would be a good thing to have it. We also need to make sure we get it right. The last thing we want to establish is a third banking force that is weak at birth. It needs to be strong and this needs to be borne in mind in any decision that we make.

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