Dáil Éireann Debate, Thursday - 14 December 2017
117. Deputy Michael McGrath asked the Minister for Finance the amount received to date in respect of fees for the 2008 bank guarantee scheme and the eligible liabilities guarantee scheme; the proceeds received from the sale of banking-related assets; the value of the various shareholdings the State has in respect of banks; and if he will make a statement on the matter. [53782/17]
Amharc ar fhreagraIn response to the Deputy’s question, I can confirm that a total of €4.5bn has been received to date relating to the CIFS and ELG schemes. This includes €0.5bn from IBRC.
Proceeds from the sale and redemption of the State’s investments in the banks total €12.6bn (including accrued interest at the date of sale/redemption). In addition, a further €2.0bn has been received in the form of interest coupons and dividends.
The value of the State’s remaining equity stakes in the banks, as at close of business 11 December, were:
|
Allied Irish Banks |
€10.5bn |
|
Bank of Ireland |
€1.0bn |
|
Permanent TSB |
€0.8bn |
|
Total |
€12.3bn |
Source: ISE
