Seanad
‹ Order of Business (Resumed) Bank bond issue
Summary
Senators welcome AIB’s oversubscribed €500 million bond issue as evidence of investor confidence, while noting continuing concerns about banking performance.
That is great. It might give some relief to its customers.
Comment on this
It indicates that investors have confidence in the measures this Government is taking to restore order to the public finances and to help our ailing economy. It is to be welcomed. It is a sign that the banks are at least moving in the right direction. They might not have got the credit right, but Mr. Duffy will appear before the committee again today. He is making valiant efforts in the right direction and we should salute this.