Written answers

Tuesday, 12 November 2013

Department of Finance

Banking Sector Issues

Photo of Michael KittMichael Kitt (Galway East, Fianna Fail)
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64. To ask the Minister for Finance if he has received a proposal that the State buy ACC Bank from Rabobank Ireland; and if he will make a statement on the matter. [47659/13]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I can confirm that I have received correspondence from a third party, an employee representative organisation which suggest that the Government could somehow benefit from the acquisition of ACC’s banking architecture and employee skill set. My officials are examining the correspondence and will respond in due course.

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