Michael McGrath (Cork South Central, Fianna Fail)
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Question 81: To ask the Minister for Finance in view of the results of the bank stress tests, if he will provide details of his plans for the future of a bank (details supplied). [6582/11]

Michael Noonan (Limerick City, Fine Gael)
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As announced last week, the recent bid for EBS did not represent good value for the State as the shareholder and the sale of EBS has been discontinued. The intention, with the consent of the European Commission, is to merge the operations of AIB and EBS to build a second pillar bank using the strengths of both institutions.