Dáil Éireann Debate, Tuesday - 10 December 2013
123. Deputy Pearse Doherty asked the Minister for Finance if he has seen the recent health checks on AIB, Bank of Ireland and PTSB; if so, if he will provide a view on their contents; and if he will make a statement on the matter. [52473/13]
View answer124. Deputy Pearse Doherty asked the Minister for Finance if he will instruct the Central Bank of Ireland to release publicly the full health checks assessments given to AIB, Bank of Ireland and PTSB last week; and if he will make a statement on the matter. [52474/13]
View answerI propose to take Questions Nos. 123 and 124 together.
I can confirm to the Deputy that I have seen the results of the Balance Sheet Assessment as they were a commitment under our Funding Programme and, as with all other such commitments, my Department communicated them to the Troika by the appointed deadline. The results are very technical in nature and I am under a legal obligation to keep the details confidential.
As the BSA is seen as part of the ECB’s Comprehensive Assessment, with the findings being included in the Assessment, the results of the BSA are not being published separately. The interpretation of the results is a matter for the Central Bank, but, I am pleased that the Governor has informed me that there will not be an additional regulatory capital requirement in the banks as a result of this process. It is a matter for the banks to decide regarding the publication of their individual results and I would refer you to the statements made by the individual banks.
