Written answers

Thursday, 6 November 2008

Department of Finance

Financial Institutions Support Scheme

5:00 pm

Photo of Arthur MorganArthur Morgan (Louth, Sinn Fein)
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Question 67: To ask the Minister for Finance the meetings or correspondence he has had with directors or boards of any Irish credit institution since the announcement of the credit institutions guarantee scheme; and if he will make a statement on the matter. [38664/08]

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)
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I have regular contact with the representatives of the financial sector — both domestic and international banks. In addition, I am kept closely in touch with developments through ongoing dialogue at official level.

I do not believe it would be helpful to discuss individual meetings or correspondence. I am sure that the Deputy will recognise the strong potential for misinterpretation and misinformation in the market if I were to publicly discuss each individual meeting that I have held.

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