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Bank Stress Tests

Dáil Éireann Debate, Thursday - 27 March 2014

Thursday, 27 March 2014

Ceisteanna (40)

Pearse Doherty

Ceist:

40. Deputy Pearse Doherty asked the Minister for Finance if he will provide a list of all Irish banks that will be subjected to stress tests by the ECB. [14458/14]

Amharc ar fhreagra

Freagraí scríofa

As the deputy will be aware the ECB issued its first note on the Comprehensive Assessment on 23 October 2013 which confirmed that the following banks are included as Irish banks subject to the assessment:

Allied Irish Banks plc 

Merrill Lynch International Bank Limited 

Permanent tsb plc. 

The Governor and Company of the Bank of Ireland 

Ulster Bank Ireland Limited

The details of the announcement can be found at http://www.ecb.europa.eu/pub/pdf/other/notecomprehensiveassessment201310en.pdf

It should also be noted that other banks which operate in Ireland and which have a parent within the Eurozone will be assessed as part of the assessment of the parent company.

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