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State Banking Sector

Dáil Éireann Debate, Wednesday - 13 April 2011

Wednesday, 13 April 2011

Questions (69)

Thomas P. Broughan

Question:

82 Deputy Thomas P. Broughan asked the Minister for Finance his plans to establish a strategic investment bank; and if he will make a statement on the matter. [7911/11]

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Written answers

As I indicated in a reply to PQ 7400 (No. 128) on 12 April, the Government will only be in a position to decide on the timing and the structure for setting up the Strategic Investment Bank when the necessary detailed assessment and planning work has been done. Because the necessary work is not completed, the Government Legislation Programme for the summer session which was published on 5 April does not contain legislation in relation to the Strategic Investment Bank.

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