Michael McGrath
Question:81 Deputy Michael McGrath asked the Minister for Finance in view of the results of the bank stress tests, if he will provide details of his plans for the future of a bank (details supplied). [6582/11]
View answerTuesday, 5 April 2011
Questions (67)
Written answers
As announced last week, the recent bid for EBS did not represent good value for the State as the shareholder and the sale of EBS has been discontinued. The intention, with the consent of the European Commission, is to merge the operations of AIB and EBS to build a second pillar bank using the strengths of both institutions.