Dáil debates
Wednesday, 10 March 2010
Bank Recapitalisation.
1:00 pm
Brian Lenihan Jnr (Dublin West, Fianna Fail)
Based on the information provided by me in mid-September to this House, the scale of Anglo Irish Bank's NAMA-eligible loans are such that they will give rise to some additional capital requirement for the State - there is no question about that. I am currently assessing the scale of any further capital support for Anglo Irish Bank in light of the emerging accounting end-year financial position of the bank and the likely impact of the NAMA transfers over the course of 2010.
Anglo Irish Bank is currently preparing its accounts for the 15-month period to 31 March 2010. These accounts have not been finalised and it would, therefore, not be appropriate for me to comment on those-----
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