Bernard Durkan (Kildare North, Fine Gael)
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77. To ask the Minister for Finance the extent to which lending institutions here have successfully attracted savings from other jurisdictions; and if he will make a statement on the matter. [2113/14]

Michael Noonan (Limerick City, Fine Gael)
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Table A.12 from the Central Bank’s Money and Banking Statistics ()

shows outstanding deposits held in Irish resident credit institutions by non-residents.

The Central Bank’s most recent information release dated 4 January covers the period to November 2013. It stated that non-resident deposits decreased by €1.3 billion during November 2013, following a €333 million decrease in October. November’s decrease reflects decline in deposits from both the non-euro area and the other countries euro area of €662 million and €606 million, respectively. In annual terms, private-sector deposits from non-euro area and other euro area residents decreased by 1 per cent and 11.6 per cent, respectively.