Thursday, 8 March 2018

Ceisteanna (39)

Michael McGrath

Ceist:

39. Deputy Michael McGrath asked the Minister for Finance the number and value of completed loan sales here in 2017 from Irish regulated banks; the number and value of ongoing loan sales here currently from Irish regulated banks; and if he will make a statement on the matter. [10890/18]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Finance)

The information the Deputy requested is not held by my Department and so I referred the question to the Central Bank of Ireland, as the body responsible for regulating the banks.

I have been advised by the Central Bank of Ireland that under 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

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

https://home.kpmg.com/xx/en/home/insights/2016/02/european-debt-sales-2016-dashboard.html .