Written answers
Wednesday, 23 November 2011
Department of Finance
Bank Recapitalisation
9:00 pm
Peter Mathews (Dublin South, Fine Gael)
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Question 52: To ask the Minister for Finance if the Central Bank of Ireland has a liability to the European Central Bank equalling the amount of emergency liquidity assistance provided from the Central Bank to the Irish banks; and if he will make a statement on the matter. [36452/11]
Michael Noonan (Limerick City, Fine Gael)
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ELA is recorded as an asset on the Central Bank's balance sheet under "Other Assets". All facilities conducted by the Bank are fully collateralised as outlined in detail in the Central Bank's last annual report.
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