Peter Mathews (Dublin South, Fine Gael)
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Question 80: To ask the Minister for Finance the outstanding credit advanced to the Irish private sector by the six Irish banks; the average interest rate of this credit; the average remaining term of loan; and if he will make a statement on the matter. [12431/11]

Michael Noonan (Limerick City, Fine Gael)
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I assume that the Deputy is referring to the credit institutions covered by the Irish Government Eligible Liabilities Guarantee Scheme. I am informed by the Central Bank that the total amount of credit advanced to the Irish private-sector (non-financial corporate, households, non-bank financial intermediaries) on balance sheets by the credit institutions covered by the Irish Government Eligible Liabilities Guarantee Scheme at end-March was €225.3 billion. A weighted average interest rate for credit in total is not available, but the weighted average interest rate on outstanding loans to households and non-financial corporations in the market as a whole was 3.75 per cent at end-March. I do not have details on the remaining term of this credit as the monetary statistics are collected on the basis of the original maturity of the instruments concerned.