Gerry Adams (Louth, Sinn Fein)
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Question 180: To ask the Minister for Finance if his Department, Allied Irish Bank or Permanent TSB has had any contacts with a company (details supplied) in relation to his plans for further restructuring of the State owned banking sector. [23916/12]

Michael Noonan (Limerick City, Fine Gael)
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I can confirm that neither I nor any officials from the Banking Division of my Department have had any contacts with that company in relation to Government plans for further restructuring of the State owned banking sector.

I am also informed by AIB and PTSB that they also have not had any contact with that company in relation to further restructuring of the State owned banking sector. While the banks have provided confirmation in this case it should be noted that disclosures in relation to commercial matters such as these are commercially sensitive for the banks and are not generally disclosed.