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State Investments

Dáil Éireann Debate, Tuesday - 2 February 2016

Tuesday, 2 February 2016

Questions (190)

Michael McGrath

Question:

190. Deputy Michael McGrath asked the Minister for Finance the value of the State's shareholdings in various banks; and if he will make a statement on the matter. [4452/16]

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Written answers

The current value of the State's remaining investments in the banks is shown in the following table. 

Bank

Investment

Current value

Source of valuation

Allied Irish Banks

 

Equity

 

CoCo

€11.7bn

 

€1.6bn

As agreed between the Minister and AIB as part of the bank's recent capital reorganisation.

At par

Bank of Ireland

Equity

€1.4bn

ISE closing price 29th January 2016

PTSB

Equity

€1.3bn

ISE closing price 29th January 2016

Total

 

€16.0bn

 

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