Dáil Éireann Debate, Thursday - 9 November 2017
61. Deputy Michael McGrath asked the Minister for Finance the number of deposit accounts held offshore by a bank (details supplied) in each year since the commencement of offshore operations; the value of these deposits in each year; and if he will make a statement on the matter. [47599/17]
Amharc ar fhreagraAs the Deputy will understand, the information requested is not held within my Department. The banks in which the State is a shareholder operate on an independent, commercial basis and I as Minister do not have a role in their operations.
AIB have provided me with the following response to the Deputy's query:
"AIB ceased banking operations in Jersey and the Isle of Man by 30 November 2013.
AIB CI and AIB ISL has published their Financial Statements in line with their regulatory and statutory obligations during the relevant periods when its entities were licensed by the applicable Regulators in the jurisdictions that it was carrying out regulated activities therein.
|
Year End |
AIBCI Deposit Book* |
AIBISL Deposit Book** |
|
|
GBP£ |
GBP£ |
|
2012 |
143m |
48m |
|
2011 |
877m |
880m |
|
2010 |
1.692bn |
|
|
2009 |
2.341bn |
|
|
2008 |
2.458bn |
|
|
2007 |
2.137bn |
|
* Please note that AIBCI figures are consolidated figures for both Jersey and Isle of Man branches.
** Note ownership of Anglo Irish Bank Corporation (International) PLC, now known as AIB ISL Limited, transferred to AIB on 24 February 2011 under a transfer order made by the High Court on application by the Minister for Finance, acting under powers granted by the Irish Credit Institutions (Stabilisation) Act 2010.
AIB Group does not have ready access to historic customer number data.
On the surrender of the banking licences, the Banks established segregated accounts, with Estera Trust (Jersey) Limited & Estera Trust (Isle of Man) Limited, as administrator, being responsible for administering all unclaimed balances. Any such remaining Account Holders ceased to be depositors with the Banks and instead became a creditor of the respective legal entity for an amount equal to the balance of their former Account(s). Allied Irish Banks, p.l.c. has requested and been furnished with the following information by the administrator Estera Trust (Jersey) Limited & Estera Trust (Isle of Man) Limited."
|
Year End |
ABCI Scheme |
ABCI Scheme |
AIBISL Scheme |
AIBISL Scheme |
|
|
GBP£ |
Customer Numbers |
GBP£ |
Customer Numbers |
|
2013 |
20.4 m |
440 |
2.6m |
70 |
|
2014 |
17.4m |
396 |
1.7m |
62 |
|
2015 |
12.8m |
374 |
1.5m |
58 |
|
2016 |
12.1m |
363 |
1.5m |
57 |
