Bank Debt Restructuring

Dáil Éireann Debate, Tuesday - 23 October 2012

Tuesday, 23 October 2012

Questions (166)

Pearse Doherty

Question:

166. Deputy Pearse Doherty asked the Minister for Finance in respect of Bank of Ireland in which he controls 15% of the ordinary shares and in addition holds preference shares valued at €1,473 million in December 2011; if he will provide an estimate of the year when the Bank will return to profitability. [45977/12]

Written answers

Minister for Finance

As the Deputy is aware, Bank of Ireland is a quoted company and is listed on the Irish Stock Exchange. Under listing rules I am unable to release any confidential information to the house which could be reasonably expected to have an impact on the Bank’s share price.