Billy Timmins
Ceist:154 Deputy Billy Timmins asked the Minister for Finance if he will recapitalise banks (details supplied); the extent to which he will do so; and if he will make a statement on the matter. [2665/09]
Amharc ar fhreagraDáil Éireann Debate, Wednesday - 28 January 2009
154 Deputy Billy Timmins asked the Minister for Finance if he will recapitalise banks (details supplied); the extent to which he will do so; and if he will make a statement on the matter. [2665/09]
Amharc ar fhreagraOn 21 December 2008, the Government announced a recapitalisation programme for Allied Irish Bank and Bank of Ireland. This decision reflects the Government's commitment to sustain the continued stability of these banks, to increase confidence and to ensure the capacity of the banks to lend into the economy to meet the everyday financial needs of individuals and businesses. Detailed discussions are ongoing.