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Written Answers — Department of Finance: IBRC Mortgage Loan Book (14 Dec 2017)

Michael McGrath: 113. To ask the Minister for Finance the number and overall value of IBRC PDH residential mortgages sold by the special liquidator; the details of each transaction including the identity of the purchaser; the number and overall value of PDH residential mortgages held by IBRC; and if he will make a statement on the matter. [53778/17]

Written Answers — Department of Finance: IBRC Loans (14 Dec 2017)

Michael McGrath: 115. To ask the Minister for Finance the number and overall value of IBRC commercial loans sold by the special liquidator; the details of each transaction including the identity of the purchaser; the number and overall value of commercial loans held by IBRC; and if he will make a statement on the matter. [53780/17]

Written Answers — Department of Finance: Bank Guarantee Scheme Bond Repayments (14 Dec 2017)

Paschal Donohoe: In response to the Deputy’s question, I can confirm that a total of €4.5bn has been received to date relating to the CIFS and ELG schemes. This includes €0.5bn from IBRC. Proceeds from the sale and redemption of the State’s investments in the banks total €12.6bn (including accrued interest at the date of sale/redemption). In addition, a further...

Written Answers — Department of Finance: IBRC Loans (14 Dec 2017)

Michael McGrath: 119. To ask the Minister for Finance if following their appointment the special liquidator of IBRC changed the interest rates being charged by the bank on commercial loans; and if he will make a statement on the matter. [53784/17]

Written Answers — Department of Finance: IBRC Liquidation (14 Dec 2017)

Michael McGrath: 122. To ask the Minister for Finance the status of the special liquidation of IBRC; the details of the portfolio that is remaining; the estimated timeframe; the financial outturn from the liquidation; and if he will make a statement on the matter. [53787/17]

Public Accounts Committee: Business of Committee (7 Dec 2017)

Seán Fleming: ...that issue at this morning's meeting? The next item is the work programme. Next week we will examine the cost of bank stabilisation with the Department of Finance and the special liquidators to IBRC present. I have asked the committee secretariat to put together draft headings for the new year. I ask members to examine it and contact the secretariat if they have any suggestions before...

Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 16: Regularity of Social Welfare Payments
Chapter 17: Management of Social Welfare Overpayments
Chapter 18: Department Reviews of welfare Schemes, Social Welfare Appeals Process, Social Insurance Fund (7 Dec 2017)

Seán Fleming: ...on the cost of the bank stabilisation measures at the end of 2016. We will be joined by officials from the Department of Finance and the liquidators of the Irish Bank Resolution Corporation, IBRC, formerly Anglo Irish Bank.

Public Accounts Committee: Business of Committee (23 Nov 2017)

Seán Fleming: ...are lots of questions to ask. The following Thursday, 14 December, we are starting into chapter 3 of the report of the Comptroller and Auditor General dealing with the cost of banking stabilisation. IBRC liquidation has been mentioned for special consideration as part of that meeting. I am most keen that instead of having public sessions here and that being the end of it, the...

Written Answers — Department of An Taoiseach: Commissions of Investigation (21 Nov 2017)

Leo Varadkar: The IBRC Commission was established on 16 June 2015 under the Commission of Investigation (Irish Bank Resolution Corporation) Order 2015. Mr. Justice Brian Cregan, a judge of the High Court, is the Commission's sole member. The Commission is entirely independent in its work and it is not possible for me to make any comment on the status of the Commission other than in relation to...

Written Answers — Department of Finance: IBRC Liquidation (16 Nov 2017)

Michael McGrath: 70. To ask the Minister for Finance the interest projected to be earned from the bonds issued by the Central Bank to fund the wind down of Anglo Irish Bank in each of the years 2017 to 2021; the impact this will have on Central Bank profits; the impact this will have on Exchequer revenue and the fiscal position of the State; and if he will make a statement on the matter. [48649/17]

Written Answers — Department of An Taoiseach: IBRC Investigations (15 Nov 2017)

Pearse Doherty: 103. To ask the Taoiseach when the Commission of Investigation into the Irish Bank Resolution Corporation will finish its work and report to him. [48322/17]

Written Answers — Department of Housing, Planning, and Local Government: Construction Regulations (7 Nov 2017)

Damien English: ...of the residential and retail units, and extensive basement remediation including pyrite works. Thirty five of these are social housing units and another 65 units were acquired by Dublin City Council from IBRC at a nominal value (along with 4 commercial units).  It is expected that the sale of these 65 residential units and 4 commercial units will significantly contribute to the cost...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017) See 2 other results from this debate

Pearse Doherty: The IBRC was within scope as it had a large number of tracker mortgages. Does the Central Bank have any information on the matter?

Public Accounts Committee: Business of Committee (5 Oct 2017)

Seán Fleming: ...here in quite a while. There is a chapter in the Comptroller and Auditor General's report about bank stabilisation. Part of that is the cost of the bank restructuring. We can also deal with the IBRC situation which Deputy MacSharry mentioned earlier. They dovetail with each other so I suggest that we need to allocate the full day of 16 November. It might take more than one meeting...

Written Answers — Department of Finance: IBRC Liquidation (4 Oct 2017)

Catherine Murphy: 96. To ask the Minister for Finance the valuations on the remaining distressed assets at IBRC; when valuations were last done; the timeframe that has been set for disposing of these distressed assets; the estimated costs associated with this process; and if he will make a statement on the matter. [42117/17]

Public Accounts Committee: Business of Committee (28 Sep 2017)

Seán Fleming: Is that in regard to the IBRC?

Public Accounts Committee: Business of Committee (21 Sep 2017) See 8 other results from this debate

Marc MacSharry: ...was governed by the Companies Act 1963, which also provided for scrutiny by a committee of inspection in the High Court. No committee of inspection has been established in respect of the IBRC or provided for in the Irish Bank Resolution Corporation Act 2013. Ordinarily these committees of inspection are made up of shareholders and creditors and their function is to assist the liquidator...

Written Answers — Department of An Taoiseach: Commissions of Investigation (20 Sep 2017) See 1 other result from this answer

Micheál Martin: 116. To ask the Taoiseach if he will provide an update on the status of the IBRC inquiry. [39097/17]

Written Answers — Department of Finance: IBRC Liquidation (20 Sep 2017)

Marc MacSharry: ...Question No. 133 of 11 September 2017, if he will provide copies of all minutes of meetings between his Department and the special liquidators in relation to the costs of the liquidation of IBRC since 7 February 2013; and if he will make a statement on the matter. [39534/17]

Written Answers — Department of Finance: Government Bonds (11 Sep 2017)

Paschal Donohoe: In 2013, the Central Bank acquired eight Floating Rate Notes (FRNs) amounting to €25 billion as part of the exchange of assets on the liquidation of IBRC. The Bank intends to dispose of these assets as soon as possible, financial stability conditions permitting. The sole responsibility for decisions regarding disposals of the Floating Rate Notes rests with the Central Bank, which...