Seanad debates
Thursday, 20 July 2017
Asian Infrastructure Investment Bank Bill 2017: Committee and Remaining Stages
10:30 am
Paddy Burke (Fine Gael) | Oireachtas source
European banks, for example, are subject to some form of central bank control. However, I presume the AIIB is made up of various governments so there will be no control over the bank. It can lend with the agreement of governments or the board that governs it but it is not governed by anyone. Is that correct?
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