Michael McGrath (Cork South Central, Fianna Fail)
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122. To ask the Minister for Finance the timeline projected for the conclusion of the bank stress tests; and if he will make a statement on the matter. [32471/14]

Michael Noonan (Limerick City, Fine Gael)
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As the Deputy is aware, the stress test is one of the three components of the SSM Comprehensive Assessment which is currently underway, the other two components being the Supervisory Risk Assessment and Asset Quality Review.

I understand that a lot of work has already been undertaken on the Comprehensive Assessment and that further work will be ongoing over the coming months with the the results due for publication in October 2014.