Banking Sector

Dáil Éireann Debate, Tuesday - 28 April 2015

Tuesday, 28 April 2015

Ceisteanna (120)

Shane Ross

Ceist:

120. Deputy Shane Ross asked the Minister for Finance the way he plans to exercise his proxy votes, or the way he exercised them if already cast, as a shareholder on behalf of the Irish people in both Bank of Ireland and Allied Irish Banks resolutions, to be decided at their annual general meetings; and if he will provide the way he has cast the votes in each resolution individually. [16622/15]

Freagraí scríofa

Minister for Finance

I can confirm for the Deputy that in my capacity as Minister for Finance, I have directed the ISIF as holder of the State's bank shareholdings to vote on each of the resolutions to be put to the AGMs of both Allied Irish Banks and Bank of Ireland. However, it would not be appropriate for me to comment on how I have voted until these AGMs take place and the results of the voting process is announced.