Pearse Doherty (Donegal South West, Sinn Fein)
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To ask the Minister for Finance his position regarding the provision of additional capital to Bank of Ireland, should that bank decide to pursue a new rights issue. [16288/13]

Michael Noonan (Limerick City, Fine Gael)
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Bank of Ireland has not indicated to the market or my Department that it has any intention to raise more capital from shareholders at this time. I can, however, confirm for the Deputy that, should Bank of Ireland decide to do so at some point in the future, I would naturally consider the options open to the State in this regard at that time. If the mechanism chosen was a rights issue, any decision in relation to exercise of rights attaching to our current holding would be made having assessed the best interests of the State.