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Banking Sector.

Dáil Éireann Debate, Thursday - 3 December 2009

Thursday, 3 December 2009

Ceisteanna (83)

Charles Flanagan

Ceist:

79 Deputy Charles Flanagan asked the Minister for Finance his views on the nationalised Anglo Irish Bank offering guarantees to a company (details supplied) during its recent examinership appearances before the courts. [40279/09]

Amharc ar fhreagra

Freagraí scríofa

As the Deputy will be aware, Anglo Irish Bank is run on an arm's length commercial basis. Consequently, decisions which relate to the normal commercial business of the bank are a matter for the Board of Anglo.

Also, as with all financial institutions, Anglo's dealings with its customers are subject to the normal provisions on client confidentiality, and it would therefore not be appropriate for me to comment on the client relationship referred to by the Deputy.

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