6 Mr. Taylor asked the Minister for Industry and Commerce whether, having regard to the Government's decision to issue an insurance licence to Allied Irish Banks he will outline the safeguards put in place to ensure that public funds will not be required again to rescue this bank in like manner as occurred when the bank was involved in the insurance business on a previous occasion; and if he will make a statement on the matter.

Summary

6 Mr. Taylor asked the Minister for Industry and Commerce whether, having regard to the Government's decision to issue an insurance licence to Allied Irish Banks he will outline the safeguards put in place to ensure that public funds will not be required again to rescue this bank in like manner as occurred when the bank was involved in the insurance business on a previous occasion; and if he will make a statement on the matter.

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• Ceisteanna—Questions. Oral Answers. - Insurance Licence for Banks.

  xml · EN · 28 May 1991

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