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Díospóireacht: Seanad Éireann
https://www.oireachtas.ie/ga/debates/debate/seanad/2001-05-17/4/
17 Beal 2001 -
ACC Bank Bill, 2001: Second Stage.
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Díospóireacht: Select Committee On Finance And The Public Service
https://www.oireachtas.ie/ga/debates/debate/select_committee_on_finance_and_the_public_service/2001-04-25/2/
25 Aib 2001 -
ACC Bank Bill, 2001: Committee Stage.
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Díospóireacht: Seanad Éireann
https://www.oireachtas.ie/ga/debates/debate/seanad/2001-05-23/5/
23 Beal 2001 -
ACC Bank Bill, 2001: Committee and Remaining Stages.
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Díospóireacht: Dáil Éireann
https://www.oireachtas.ie/ga/debates/debate/dail/2001-05-10/4/
10 Beal 2001 -
ACC Bank Bill, 2001: Order for Report Stage.
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Díospóireacht: Dáil Éireann
https://www.oireachtas.ie/ga/debates/debate/dail/2001-05-10/5/
10 Beal 2001 -
ACC Bank Bill, 2001: Report and Final Stages.
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Díospóireacht: Dáil Éireann
https://www.oireachtas.ie/ga/debates/debate/dail/2001-04-10/16/
10 Aib 2001 -
. - ACC Bank Bill, 2001: Financial Resolution.
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Díospóireacht: Dáil Éireann
https://www.oireachtas.ie/ga/debates/debate/dail/2001-05-10/5/
10 Beal 2001 -
McGrath I too welcome the fact that the ACC Bank Bill, 2001, will now pass....I hope that it will facilitate the easy sale of ACC Bank to some body that might bring it forward into
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Díospóireacht: Dáil Éireann
https://www.oireachtas.ie/ga/debates/debate/dail/2001-03-28/8/
28 Márta 2001 -
. - ACC Bank Bill, 2001: Second Stage.
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Díospóireacht: Dáil Éireann
https://www.oireachtas.ie/ga/debates/debate/dail/2001-03-28/23/
28 Márta 2001 -
. - ACC Bank Bill, 2001: Second Stage (Resumed).
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Díospóireacht: Dáil Éireann
https://www.oireachtas.ie/ga/debates/debate/dail/2001-03-28/24/
28 Márta 2001 -
. - ACC Bank Bill, 2001: Referral to Select Committee.
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Díospóireacht: Dáil Éireann
https://www.oireachtas.ie/ga/debates/debate/dail/2001-04-03/48/
3 Aib 2001 -
McCreevy): Earlier this year, in a press release announcing the publication of the ACC Bank Bill, 2001..., I stated that the board of ACC Bank had been mandated to prepare the bank for sale, to pursue all options...As the Deputy will be aware, the Second Stage of the ACC Bank Bill, 2001, took place on 28 March 2001...The Bill provides for an increase in the authorised share capital of the bank....The Bill also includes enabling provisions in relation to the sale of the bank and the establishment
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Díospóireacht: Dáil Éireann
https://www.oireachtas.ie/ga/debates/debate/dail/2001-05-10/5/
10 Beal 2001 -
By way of clarification for the Minister, we are saying that any money that arises from the sale of ACC...Bank will not go into Exchequer funding but rather will go into the pension fund....I am at a loss to know how that is a cost to the Exchequer because the budget has been set for 2001....There are no moneys included from the sale of ACC Bank....In any future sale of ACC Bank the Minister would have to decide what to do with it so the Minister cannot
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Díospóireacht: Dáil Éireann
https://www.oireachtas.ie/ga/debates/debate/dail/2001-03-28/7/
28 Márta 2001 -
. - ACC Bank Bill, 2001: Order for Second Stage.
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Díospóireacht: Seanad Éireann
https://www.oireachtas.ie/ga/debates/debate/seanad/2001-05-17/4/
17 Beal 2001 -
Finneran I commend the Bill to the House....It is simple in that it intends to increase the authorised share capital of the ACC Bank, to facilitate...The restructuring of the bank, as proposed in the Bill, is prudent given its activities....When farmers had the door slammed in their faces by other financial institutions and banks, the ACC Bank...The ACC Bank now has an opportunity to refocus on that section of the market.
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Díospóireacht: Select Committee On Finance And The Public Service
https://www.oireachtas.ie/ga/debates/debate/select_committee_on_finance_and_the_public_service/2001-04-25/2/
25 Aib 2001 -
Cullen The main purpose of section 11 is to provide for the deletion of ACC Bank from section 3(2)(...Subsection (1) reflects the current situation with ICC Bank plc deleted from the subsection as the bank...has been sold and is operated under a banking licence granted by the Central Bank....Subsection (2) will reflect the situation after ACC Bank is sold, that is, ACC Bank plc will be deleted...This subsection will only be commenced after ACC Bank has been sold and is operating under a banking
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Díospóireacht: Seanad Éireann
https://www.oireachtas.ie/ga/debates/debate/seanad/2001-05-17/4/
17 Beal 2001 -
If all this is above board and works out it will be a great boost for ACC Bank....ACC Bank is the last State-owned financial institution to be sold....ACC Bank has stated that it is now focusing on particular areas....The Bill contains many contradictions and I would welcome clarification....ACC Bank is still owned by the State and it may or may not attract a buyer.
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Díospóireacht: Select Committee On Finance And The Public Service
https://www.oireachtas.ie/ga/debates/debate/select_committee_on_finance_and_the_public_service/2001-04-25/2/
25 Aib 2001 -
Cullen The position regarding ICC Bank is identical to that of ACC Bank.
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Díospóireacht: Select Committee On Finance And The Public Service
https://www.oireachtas.ie/ga/debates/debate/select_committee_on_finance_and_the_public_service/2001-04-25/2/
25 Aib 2001 -
McDowell I did not intend to obstruct the passage of the Bill or unduly delay Committee Stage, but I...I understand the Bill is intended to encourage people in ACC Bank to get their act together so that it...I hope this will not have the effect of a fire sale where a sign is put up which suggests that the bank...Members today and on Second Stage that there is still some distance to go before it would be good for the ACC...Bank and its customers to be sold and before the State can realise its best value.
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Díospóireacht: Seanad Éireann
https://www.oireachtas.ie/ga/debates/debate/seanad/2001-05-17/4/
17 Beal 2001 -
Cullen The operating profit of ACC Bank is up.
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Díospóireacht: Seanad Éireann
https://www.oireachtas.ie/ga/debates/debate/seanad/2001-05-17/4/
17 Beal 2001 -
Cullen) I thank Senators for their contributions to this debate on the ACC Bank....ACC Bank conducted a full-scale review of its corporate loan book during 2000....I will not comment on Eircom as its situation is different from that of ACC Bank....The sale of ACC Bank will be a trade sale, following which the ESOP shares will be swapped for shares...The bank had a provision of 21 million in its 2001 results to pay for this.