Brendan Howlin
Ceist:139. Deputy Brendan Howlin asked the Minister for Finance the assessed value of the State’s remaining banking investments by institution; and if he will make a statement on the matter. [36008/17]
Amharc ar fhreagraWednesday, 26 July 2017
Ceisteanna (139)
Freagraí scríofa
The market value of the State's remaining equity stakes in the banks, as at 19 July 2017, was:
|
Bank |
Value of our stake – ISE close, 19th July 2017 |
|
AIB |
€9.6bn |
|
BOI |
€1.0bn |
|
PTSB |
€0.8bn |
|
Total |
€11.4bn |
The State also holds warrants in AIB that are exercisable for a number of shares equivalent to 9.99% of the issued share capital of the bank, at a price of €8.80 and have a life of 10 years. However as these have just been issued and are not quoted on any exchange, no value has yet been attributed to them.
Question No. 140 answered with Question No. 136.