Written answers
Tuesday, 13 October 2009
Department of Finance
Banking Sector Regulation
12:00 pm
Joe McHugh (Donegal North East, Fine Gael)
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Question 121: To ask the Minister for Finance if his attention has been drawn to potential investors who have made offers on commercial property on the banks' bad loan books; if this is the case, if negotiations between the banks and the investors are currently being pursued by the banks; and if he will make a statement on the matter. [35743/09]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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The loans referred to by the Deputy are loans currently on the books of the banks concerned. Should an investor seek to negotiate a purchase of these loans, it is a matter for the boards of the institutions to deal with on a commercial basis.
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