Eamon Gilmore (Dún Laoghaire, Labour)
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Question 127: To ask the Minister for Finance if his attention has been drawn to recent interest from foreign investors in taking strategic or controlling stakes in any of the credit institutions covered by the banking guarantee; and if he will make a statement on the matter. [11638/10]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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I have informed the House previously that I have discussed the issue of private sector investment in the banks with senior executives of the credit institutions covered by the bank guarantee. I have also had discussions with some representatives of proposed investors, as have the NTMA on my behalf. I understand that some institutions have engaged in such discussions with representatives of potential investors. To date, none of these discussions have resulted in any detailed investment proposal. However, the Deputy will appreciate that much of this information is received in confidence and could be a market sensitive issue for the potential investors.