Written answers
Thursday, 6 November 2008
Department of Finance
Financial Institutions Support Scheme
5:00 pm
Emmet Stagg (Kildare North, Labour)
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Question 17: To ask the Minister for Finance the amount of dated subordinated debt covered by the credit institutions financial support scheme; if he has a list of the holders of such debt; if they include directors of the banks covered by the scheme or persons holding substantial shareholdings in those banks; and if he will make a statement on the matter. [38833/08]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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The consolidated dated subordinated debt figure in respect of the first group of banks and building societies to participate in the Credit Institutions (Financial Support) Scheme amounts to €12.4 billion. Details for each individual institution are available in their published financial statements.
I do not have a list of the holders of such debt, which means that I cannot comment as to whether they include directors or substantial shareholders in the institutions covered by the scheme.
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