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]
View answerDáil Éireann Debate, Tuesday - 2 February 2016
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]
View answerThe 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 |
|