Joe Costello (Dublin Central, Labour)
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Question 167: To ask the Minister for Finance if it is still proposed that Anglo Irish Bank move to the new premises under construction, subject to planning permission, at North Wall Quay-New Wapping Street following the nationalisation of the bank; if Anglo Irish Bank is the bank for a company (details supplied); the terms that were negotiated for the leasing of the building; if his Department is still bound by these terms; and if he will make a statement on the matter. [3684/09]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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Anglo Irish Bank is being run on an arms length commercial basis to allow the full potential of the bank's business to be realised. Accordingly, normal commercial decisions, which include decisions on the premises of the bank, are a matter for the Board of Anglo. Details on Anglo's individual customers and contracts are commercially sensitive and would also relate to the bank's normal ongoing business.

The Board of Anglo is preparing a comprehensive business plan which will be required to demonstrate how the Board will oversee the continued commercial operation of the bank in the best interests of the bank, the financial sector generally and the State.