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Loan Books Purchasers

Dáil Éireann Debate, Wednesday - 21 February 2018

Wednesday, 21 February 2018

Ceisteanna (87)

Michael McGrath

Ceist:

87. Deputy Michael McGrath asked the Minister for Finance the details of all known loan portfolio sales by regulated banks here, including the State supported banks since 2016; the project name given to the sale, in tabular form; the number and nature of the loans sold; the name of the purchaser; and the purchase price, if available. [8988/18]

Amharc ar fhreagra

Freagraí scríofa

The information which the Deputy is requesting is not held in my Department.  The Central Bank have informed me that under the Section 33AK of the Central Bank Act 1942, the Central Bank is not in a position to provide any specific information in this regard.

However, some of the information sought is publically available from other sources. For example, Deloitte’s fifth edition of the Deleveraging Europe series examines the European loans market, providing an up-to-date overview of the latest transactions at H1 2017 which can be found at https://www2.deloitte.com/uk/en/pages/financial-advisory/articles/deleveraging-europe-market-update.html . In addition, further information published by KPMG in respect of European debt sales can be found at https://assets.kpmg.com/content/dam/kpmg/xx/pdf/2016/09/european-debt-sales.pdf and  at https://home.kpmg.com/xx/en/home/insights/2016/02/european-debt-sales-2016-dashboard.html

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