Written answers
Thursday, 3 December 2009
Department of Finance
Banking Sector
5:00 am
Charles Flanagan (Laois-Offaly, Fine Gael)
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Question 79: To ask the Minister for Finance his views on the nationalised Anglo Irish Bank offering guarantees to a company (details supplied) during its recent examinership appearances before the courts. [40279/09]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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As the Deputy will be aware, Anglo Irish Bank is run on an arms length commercial basis. Consequently, decisions which relate to the normal commercial business of the bank are a matter for the Board of Anglo.
Also, as with all financial institutions, Anglo's dealings with its customers are subject to the normal provisions on client confidentiality, and it would therefore not be appropriate for me to comment on the client relationship referred to by the Deputy.
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