Dáil Éireann Debate, Thursday - 8 December 2022
215. Deputy Pádraig Mac Lochlainn asked the Minister for Finance the amount of capital that has been repaid on the €64 billion Irish State banking bailout of September 2008 in each of the years 2008 to 2021 and to date in 2022, in tabular form; and if he will make a statement on the matter. [61473/22]
Amharc ar fhreagraThe total recapitalisation of the domestic banks amounted to €64.1bn, of which €34.7bn was invested in Anglo Irish Bank and INBS (IBRC) and €29.4bn in AIB, BOI and PTSB. To date, €21.1bn of the investment in the three remaining banks has been recovered in cash by way of disposals, investment income and liability guarantee fees (breakdown by year in tabular form below).
As part of this activity, the State has fully disposed of its investment in BOI. The remaining investments in AIB and PTSB are currently valued at c. €5.4bn leaving a shortfall of c. €2.9bn. The investment in IBRC is largely a sunk cost with a net €1.1bn recovered to date.
