Written answers
Tuesday, 11 June 2013
Department of Finance
Banking Sector Issues
Michael McGrath (Cork South Central, Fianna Fail)
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208. To ask the Minister for Finance if his Department or the National Assets Management Agency has held discussions regarding taking on the Irish assets of any foreign owned banks operating in the State; his views on the prospects for such a development; and if he will make a statement on the matter. [27893/13]
Michael Noonan (Limerick City, Fine Gael)
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My Department has held no formal discussions nor is it currently considering taking on the Irish assets of any foreign owned banks operating in the State. However, as you would expect, my Department is regularly approached by members of the financial community with various proposals. All such approaches to my Department are reviewed and considered on their own merits. I am advised by NAMA that the agency has not held any discussions regarding taking on the Irish assets of any foreign owned banks operating in the State.
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