Written answers

Tuesday, 4 March 2014

Photo of Lucinda CreightonLucinda Creighton (Dublin South East, Independent)
Link to this: Individually | In context | Oireachtas source

59. To ask the Minister for Finance the value that the 2% of borrowers par value loans represent as a percentage of the entire Irish Bank Resolution Corporation loan book; and if he will make a statement on the matter. [10875/14]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source

I am advised by the Special Liquidators that 2% of borrowers were not allowed to bid for their own loans. The Special Liqidators would like to clarify that they have stated that 33 Borrower Groups, representing 0.2% of total Borrower Groups, were and are being offered for sale on a standalone basis.

The total par value of these 33 Borrower Groups will not be disclosed as this is commercially sensitive information.

Comments

No comments

Log in or join to post a public comment.