Dáil Éireann Debate, Wednesday - 18 July 2012
74 Deputy Billy Kelleher asked the Minister for Finance the total amount of money paid by each of the banks for the years under the terms of the bank guarantee scheme; and if he will make a statement on the matter. [35753/12]
Amharc ar fhreagraI assume the Deputy's question relates to the Credit Institutions Financial Support Scheme 2008 (CIFS Scheme) which was in operation between 30 September, 2008 and 29 September, 2010, and the Eligible Liabilities Guarantee Scheme (ELG Scheme) which came into operation on 9 December, 2009 and has a current issuance end-date of 31 December, 2012. The total fees received to date for the years 2008-2012 from the covered banks in respect of both the CIFS and ELG Schemes amount in total to €3.107bn which does not include interest accrued. This amount comprises €758.4m in respect of the CIFS Scheme and €2,348.5m in respect of the ELG Scheme.
A breakdown of fees paid by year for each of the covered banks can be seen in the tables below.
|
€millions |
IL&P |
BoI |
AIB |
IBRC |
EBS |
Total |
|
2010 |
95.9 |
275.5 |
299.3 |
149.9 |
34.2 |
854.8 |
|
2011 |
172.9 |
448.7 |
464.8 |
81.4 |
62.6 |
1,230.4 |
|
2012 |
37.9 |
107.9 |
95.8 |
9.9 |
11.8 |
263.3 |
|
Total |
306.7 |
832.1 |
859.9 |
241.2 |
108.6 |
2,348.5 |
|
€millions |
IL&P |
BoI |
AIB |
Anglo |
EBS |
INBS |
Postbank |
Total |
|
2008 |
— |
32.3 |
— |
37.9 |
— |
— |
0.004 |
70.20 |
|
2009 |
35.4 |
138.1 |
174.7 |
94.8 |
9.7 |
23.8 |
0.020 |
476.52 |
|
2010 |
14.8 |
68.3 |
58.3 |
54.9 |
5.9 |
8.8 |
0.015 |
211.01 |
|
2011 |
— |
— |
— |
0.7 |
— |
— |
— |
.70 |
|
Total |
50.2 |
238.7 |
233.0 |
188.3 |
15.6 |
32.6 |
0.039 |
758.43 |
The fees are determined by the EU Commission and are subject to change in accordance with EU State Aid requirements.
