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Bank Debt

Dáil Éireann Debate, Wednesday - 19 May 2010

Wednesday, 19 May 2010

Questions (56)

James Reilly

Question:

81 Deputy James Reilly asked the Minister for Finance the amount that each of the Irish banks owe to foreign financial institutions and bondholders on 31 December 2009 and on the most recently available date; the breakdown of the financial institutions to whom this money is owed by country on 31 December 2009 and on the most recently available date; and if he will make a statement on the matter. [20798/10]

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Written answers

I assume that the Deputy's reference to Irish banks comprises the retail clearing banks and the non-clearing domestic banks. The Retail Clearing banks are AIB, Bank of Ireland, National Irish Bank and Ulster Bank and some of their subsidiaries. The Non-Clearing domestic banks include; ACC Bank plc, Anglo Irish Bank, EBS Building Society, Irish Life & Permanent plc, Irish Nationwide Building Society, KBC Bank Ireland plc and Postbank. The amounts that these banks owe to foreign credit institutions and bondholders are as follows.

December 2009

Non-Irish Euro Residents

RoW Residents

Total

€m

€m

€m

Deposits from Credit Institutions and other MFIs

87,842

213,289

301,131

Debt Securities Issued

13,915

50,248

64,163

March 2010

Non-Irish Euro Residents

RoW Residents

Total

€m

€m

€m

Deposits from Credit Institutions and other MFIs

87,119

208,245

295,364

Debt Securities Issued

16,813

52,184

68,997

I do not have a detailed breakdown by institution.

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