81. Deputy Michael McGrath asked the Minister for Finance his views that the converting of €2.67 billion of preference shares in Allied Irish Banks into ordinary shares will delay the payback to the State of its investment in the bank, as the State is foregoing an annual dividend of €180 million on these shares; and if he will make a statement on the matter. [39977/15]

Summary

81. Deputy Michael McGrath asked the Minister for Finance his views that the converting of €2.67 billion of preference shares in Allied Irish Banks into ordinary shares will delay the payback to the State of its investment in the bank, as the State is foregoing an annual dividend of €180 million on these shares; and if he will make a statement on the matter. [39977/15]

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Timeline

1. 12 November 2015

   State Banking Sector

   81. Deputy Michael McGrath asked the Minister for Finance his views that the converting of €2.67 billion of preference shares in Allied Irish Banks into ordinary shares will delay the payback to the State of its investment in the bank, as the State is foregoing an annual dividend of €180 million on these shares; and if he will make a statement on the matter. [39977/15]

   Source: written

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• State Banking Sector

  xml · EN · 12 November 2015

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• McGrath, Michael. · Asking member
• Finance · Finance · Addressed to

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