Billy Timmins (Wicklow, Fine Gael)
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Question 154: To ask the Minister for Finance if he will recapitalise banks (details supplied); the extent to which he will do so; and if he will make a statement on the matter. [2665/09]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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On 21 December 2008, the Government announced a recapitalisation programme for Allied Irish Bank and Bank of Ireland. This decision reflects the Government's commitment to sustain the continued stability of these banks, to increase confidence and to ensure the capacity of the banks to lend into the economy to meet the everyday financial needs of individuals and businesses. Detailed discussions are ongoing.