Written answers

Thursday, 18 December 2014

Department of Finance

Deposit Protection Account

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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132. To ask the Minister for Finance the current balance in the deposit protection account; the balance at the end of each year from 2011; and if he will make a statement on the matter. [49305/14]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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Credit institutions are required to maintain 0.2% of total deposits in the Deposit Protection Account.

The end year balance in the Deposit Protection Account since 2011 is as follows:

Year
2011€435m
2012€403m
2013€380m
2014€390m

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