Dáil Éireann Debate, Tuesday - 27 January 2015
197. Deputy Michael McGrath asked the Minister for Finance if he will provide in tabular form the proceeds by institution from the disposal of investments in the State supported banks in each year since 2012; and if he will make a statement on the matter. [3414/15]
Amharc ar fhreagraIn response to the Deputy's question, the following table details of the proceeds from the sale of the State's investments in the banks since 2012:
Details of the proceeds from the sale of the State's investments in the banks since 2012
|
Date of disposal |
Bank |
Transaction |
Total proceeds including accrued interest/dividend |
|
2012 no disposals |
|
|
|
|
January 2013 |
Bank of Ireland |
Sale of convertible contingent capital notes (CoCos) |
€1.06bn |
|
July 2013 |
Permanent tsb |
Sale of Irish Life |
€1.34bn |
|
December 2013 |
Bank of Ireland |
Sale/redemption of preference shares |
€2.05bn |
|
2014 and 2015 to date no disposals |
