Billy Timmins (Wicklow, Independent)
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38. To ask the Minister for Finance the number of inspection audits carried out at each of the banks, AIB, Bank of Ireland, Ulster Bank and Permanent TSB by the Central Bank inspection team in the past 18 months; the average number of audit/inspection staff on the audit-inspection visitation teams; and if he will make a statement on the matter. [41484/13]

Michael Noonan (Limerick City, Fine Gael)
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I am advised by the Central Bank that information on the Prudential Supervision Engagement Process conducted of credit institutions in 2012 is available on Page 37 of the Central Bank Annual Report 2012 (an extract from which is shown in the following table below. The Central Bank conducts continuous supervision of these high impact institutions and this consists of review work across all risk categories including credit, liquidity, market risk, operational risk, governance, capital and conduct. I am advised by the Central Bank that it is unable to provide a breakdown of these inspections by each bank.

Table 1 - Prudential Supervision Engagement Process 2012