Written answers

Tuesday, 7 July 2009

12:00 pm

Photo of Simon CoveneySimon Coveney (Cork South Central, Fine Gael)
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Question 171: To ask the Minister for Finance the value of the deposit base in Anglo Irish Bank at present compared to pre-nationalisation. [28027/09]

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)
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According to Anglo Irish Bank's last published accounts in advance of nationalisation, as at 31 September 2008, the deposit base of the bank - made up of retail deposits, non-retail deposits, and deposits from banks - was €71.9 billion.

According to Anglo's latest published accounts, as at 31 March 2009, the bank's deposit base was €64.6 billion, again made up of retail deposits, non-retail deposits and deposits from banks. Deposits from banks includes funding from Central Bank sources.

The Deputy will appreciate that, as with any financial institution, information on Anglo's financial position, other than that in the bank's published accounts, is market sensitive.

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