Dáil Éireann Debate, Tuesday - 14 November 2017
105. Deputy Pearse Doherty asked the Minister for Finance the number of new and existing customers of a company (details supplied) in each year since the bank was nationalised; the value of assets held by the company in each year; and if he will make a statement on the matter. [47622/17]
Amharc ar fhreagraAs the Deputy is aware, I, as Minister for Finance have no direct function in strategic or operational decisions made by the banks in which the state is a shareholder, and decisions in this regard are solely the responsibility of the board and management of each institution, under the supervision of their regulator and equivalent authorities in the jurisdictions relevant to their operations. I requested a response to the Deputy's question from AIB and received the following information:
AIB p.l.c is not in a position to provide historic customer numbers. Arising from the recapitalisation and restructuring of AIB, and the European Commission decision on State Aid, it was decided to wind down AIB ISL Limited and AIB CI Limited in 2012. They ceased operations on 31st December 2013. No new customers have been acquired since the announcement of the closure of the business in April 2012, residual customer numbers and balances are outlined below:
|
Year End |
AIB CI Scheme |
|
AIB ISL 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 |
