Michael McGrath
Ceist:198. Deputy Michael McGrath asked the Minister for Finance if he will provide in tabular form the fees received from the eligible liabilities guarantee scheme in each year since its inception. [3415/15]
Amharc ar fhreagraTuesday, 27 January 2015
Ceisteanna (198)
Freagraí scríofa
Fees paid by the covered institutions in respect of the ELG Scheme guarantee are paid quarterly in arrears and therefore there is a time lag before the fees are paid into the Exchequer (i.e. fees received as cash in Q1 of 2015 are in respect of fees accrued for Q4 of 2014). As the ELG Scheme came into operation on the 9th of December 2009 no fees were received into the Exchequer until 2010. The figures below are presented on an accrued basis.
The total fees received to date from the covered banks in respect of the ELG Scheme amounts to c.€3.6bn which does not include interest accrued.
|
Year |
€millions |
|
2010 |
854.8 |
|
2011 |
1,234.6 |
|
2012 |
951.2 |
|
2013 |
421.3 |
|
2014 |
155.2 |
|
Total |
3,617.1 |