Louth TD Ged Nash Says Plans by PTSB to Sell Bank Should Proceed With “Absolute Caution” - 03/11/2025

Labour’s Finance spokesperson Ged Nash TD has said plans by PTSB to sell the bank should proceed with “absolute caution”.Deputy Nash said:“The only guiding principle FF and FG appears to have on the banks in which the State has held shares, is to put them back into full private ownership at the earliest opportunity.“The announcement by PTSB today is the logical conclusion of that policy. Labour has long been of the view that the State should continue to hold a strategic shareholding not below 33% in PTSB, in order to retain some influence in an environment where competition is a significant problem for customers and for the indigenous economy.Deputy Nash joined us in-studio this morning to talk to us some more about this.We also spoke about the arson attack on the IPAS centre in Drogheda on Friday. Hosted on Acast. See acast.com/privacy for more information.