Tuesday, 26 February 2013

Questions (187)

Pearse Doherty

Question:

187. Deputy Pearse Doherty asked the Minister for Finance in relation to Irish Bank Resolution Corporation, the par value, impairment provision and book value of loans at 31 December 2012, 31 January 2013 and 6 February, 2013. [9745/13]

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Written answers (Question to Finance)

I am advised that the information requested is commercially sensitive and it would not be appropriate for the special liquidator to release information outside of that already published in IBRC’s Accounts. Detailed information in relation to the Bank’s financial performance, including information on provisioning, is published in the Bank’s interim report and annual report and accounts. The most recent information can be found in the Bank’s Interim Report 2012, page 72. It is Bank policy not to publish any additional confidential commercially sensitive financial information which could potentially have a detrimental impact on asset recovery in the impending sale process.