Dáil debates

Wednesday, 13 May 2009

3:00 pm

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)

An exact figure has not been reported to my Department. The matter is still under examination at my Department and the relevant information will be provided as it emerges.

In regard to the review of the loan books, Anglo Irish Bank is currently finalising its half-year accounts to be published at the end of May. As part of the preparation for the publication of these accounts, I understand that Anglo Irish Bank conducted a full internal review of its loan book. At the request of my Department, the Financial Regulator arranged for PricewaterhouseCoopers to examine Anglo Irish Bank's loan book and to report on the extent of the impairment provisions required in its half-year accounts. That report has been received and we are in discussion with Anglo Irish Bank about it.

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