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Ireland · Question · written

PQ 101

101. Deputy Pearse Doherty asked the Minister for Finance to clarify the commitment in the programme for Government not to sell more than 25% of any bank before the end of 2018 plus any small additional shareholding required by the underwriter to complete the sales process by clarifying the meaning for each of the State-backed banks; for example, if in the case of Permanent TSB it means a further 25% and in the case of Bank of Ireland if it means 25% of the existing shares or if it could mean the entire Government shareholding. [11275/16]

askedIreland· Dáil Éireann· EN

Introduced

24 May 2016

Last action

24 May 2016 · Banking Sector

Status

written

Sponsors

Pearse Doherty

Subjects

Discovery layer

Source updated

24 May 2016

Summary

101. Deputy Pearse Doherty asked the Minister for Finance to clarify the commitment in the programme for Government not to sell more than 25% of any bank before the end of 2018 plus any small additional shareholding required by the underwriter to complete the sales process by clarifying the meaning for each of the State-backed banks; for example, if in the case of Permanent TSB it means a further 25% and in the case of Bank of Ireland if it means 25% of the existing shares or if it could mean the entire Government shareholding. [11275/16]

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 24 May 2016

    Banking Sector

    101. Deputy Pearse Doherty asked the Minister for Finance to clarify the commitment in the programme for Government not to sell more than 25% of any bank before the end of 2018 plus any small additional shareholding required by the underwriter to complete the sales process by clarifying the meaning for each of the State-backed banks; for example, if in the case of Permanent TSB it means a further 25% and in the case of Bank of Ireland if it means 25% of the existing shares or if it could mean the entire Government shareholding. [11275/16]

    Source: written

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