Written answers
Tuesday, 24 January 2012
Department of Finance
Financial Services Regulation
9:00 pm
Michael McGrath (Cork South Central, Fianna Fail)
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Question 165: To ask the Minister for Finance if any US financial institutions have received liquidity funding from the Central Bank of Ireland in the period 2007 to 2011; the name of the institutions; the dates at which it obtained funding each time; the amount of funding obtained and the collateral used to obtain such funding; and if he will make a statement on the matter. [4100/12]
Michael Noonan (Limerick City, Fine Gael)
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I have no role in the provision of liquidity funding by the Central Bank. However, the Central Bank advises me that, similar to other central banks, it may provide Exceptional Liquidity Assistance and Eurosystem liquidity. These amounts are published monthly. The Central Bank does not disclose the financial institutions that avail of such support although it is open to all eligible counterparties to apply for such funding.
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