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State Banking Sector

Dáil Éireann Debate, Thursday - 5 November 2015

Thursday, 5 November 2015

Questions (97)

Michael McGrath

Question:

97. Deputy Michael McGrath asked the Minister for Finance if his Department has been provided with an estimate of the possible impact of rent control measures on the value of the State’s bank holdings; and if he will make a statement on the matter. [38778/15]

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Written answers

I have not sought nor received an estimate of the impact from any possible rent control measures on the value of the Irish State's bank holdings. Given that no such measures have been specified, speculation on the impact of potential future rent policy would be premature. Nonetheless, it is the view of my officials that the relationship between rental market controls and the value of the State's shareholdings in Irish banks would be limited, if any.

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