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AIB to donate 39 major artworks to the State

Image: Julien Behal/PA Wire

AIB HAS SAID it is to donate 39 of its most valuable pieces of art to the state, including pieces by Jack B Yeats and Walter Osborne.

The bank has also announced that it will make almost one thousand more artworks available for public exhibition.

Minister for Arts Jimmy Deenihan has indicated that the artworks are likely to be held by the Crawford Gallery in Cork. Twelve artworks are being transferred to the state immediately, the bank said this afternoon.

The move comes following discussions between AIB and Minister Deenihan, who praised the gesture by AIB as “exciting and deeply important”.

He described the AIB collection as the pinnacle of “wise and knowledgeable connoisseurship” which will be a valuable addition to the national collection.

“Over 30 years ago AIB set out to support the development of modern Irish art and the work of Irish artists and those who have made Ireland their home,” said AIB Chair David Hodgkinson.

“We have worked with Minister Jimmy Deenihan and his office with a view to ensuring that the artworks of historic and cultural interest are preserved and made more accessible to the Irish public”.

“By donating significant artworks to the State and making the wider collection available for loan, we are achieving these important objectives”.

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Comments (20 Comments)

  • Thomas Mc Grory 22/02/12 #
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    Stick them where the sun dont shine

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    More money to ship out of the country.Auction them and donate the money to charities within the country.Giving them to the state;Idiots……..

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  • Ciaran Curtis 22/02/12 #
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    Generous of AIB “donating” the paintings. They are, after all, a de-facto state-owned bank. Surely if the state had “re-possessed” these paintings it would have been a better boost to public morale. If the banks liabilities and debt is “socialised”, should it not follow that so too are their assets.

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  • Begrudgy 22/02/12 #
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    But doesnt the state own them already.

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    If the AIB is now state owned (thus by the public) – why can’t these art works be also sold off and the money used to clear debts and/or create further much needed jobs?

    Just a question!

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  • Stephen Maher 22/02/12 #
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    sickening!!

    Reply
  • david whelan 22/02/12 #
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    Do they actually think that a PR stunt such as this will make us feel differently about them?
    I do not care if the paintings are Michelangelo’s or Raphael’s I will never forgive them for what they, FF
    and developers have done to our country. Never means NEVER!!!!!!!!!!!!!

    Reply
  • john g mcgrath 22/02/12 #
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    Thank you for what’s ours what a cheek !!!!

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  • jj 22/02/12 #
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    AIB State owned!!! How can you be donated something which is already yours? That is, if AIB is really owned by the state?!?! Or are the Irish Government just minding it until they make up their losses! Hmmmm #foolsgold

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  • Sean Mc Avinue 22/02/12 #
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    It’s like a thief returning a bike to its owner

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  • Conor Kirwan 22/02/12 #
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    Perhaps I can have one of them for my living room, one of the ones worth about €20,000, about the value of my share, your share and everyone else’s’ share in the state-owned bank.

    I’ll take it in lieu of shares!

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  • jimbo 22/02/12 #
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    Ha nice of them to give back whats already ours we still wont se a penny

    Reply
  • Clive Solas 22/02/12 #
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    Whatever about these “39 major artworks” I would like to see the BoI donate their premises on College Green to the State. Its use as merely a bank branch is totally unbefitting its granduer and potential.

    Reply
  • Frank2521 22/02/12 #
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    I hope they stop sponsoring sports events also as the taxpayer has no more money to give. There are more deserving cusses than sport sponsorship with the lads in corporate boxes. Taxpayers money going into the banks to help sports must stop as schools and hospitals are having budgets cut.

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  • Kev Dunne 22/02/12 #
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    folks I think u r all missing the point here. yes donate is the wrong word since the bank is virtually state owned, but this news means the general public can now view and enjoy these treasures in a public gallery. this at a time when national collections are not really able to add to their collections due to budgetary constraints. I have not seen AIBs collection but I’ve seen some of BoIs and it includes a lot of major works by great Irish artists. if the AIB one is as good we are in for a treat in the Crawford. this will be a tourism boost for cork.

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  • John Phelan 22/02/12 #
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    Do we not own them already. More bank bullshit optics.

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  • Tom Mc Manus 22/02/12 #
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    Today we were informed that the state is to sell off some of our most valued and useful assets. I like paintings as much as anyone but I would rather see them sold off if the money received was to be used to create employment for our young people. Anyway, it is my understanding that the National Gallery has difficulty in providing storage and display spac for the very many valuable paintings already owned by the Nation.

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  • Sid Cassidy 23/02/12 #
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    It’s great to see another very important piece of work done by the government on the citizens behalf this is what was keeping me awake a night.Now that they have managed that historic agreement with those world leaders in negotiation A.I.B (remember mr kalakis), they might tackle the few miner outstanding issues like the hospital waiting lists , the unemployment etc wake up people how can you put art before sick elderly people dying on a hospital trolley crazy,sell the art sell Nama sell Leinster house sell the banks they are luxuries we can’t afford

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