181. Deputy Ged Nash asked the Minister for Finance if he is satisfied with his stated policy decision to unwind the State’s shareholding in commercial banks (details supplied) in light of a recent European Central Bank paper; if he agrees with the analysis that a fully-privatised banking sector may worsen the impact of crisis periods; if he agrees that Ireland is particularly vulnerable given the ECB paper’s assumptions regarding the small number of banks and lack of competition within the sector; and if he will make a statement on the matter. [28057/22]

Summary

181. Deputy Ged Nash asked the Minister for Finance if he is satisfied with his stated policy decision to unwind the State’s shareholding in commercial banks (details supplied) in light of a recent European Central Bank paper; if he agrees with the analysis that a fully-privatised banking sector may worsen the impact of crisis periods; if he agrees that Ireland is particularly vulnerable given the ECB paper’s assumptions regarding the small number of banks and lack of competition within the sector; and if he will make a statement on the matter. [28057/22]

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• Banking Sector

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