Michael McGrath (Cork South Central, Fianna Fail)
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108. To ask the Minister for Finance if qualifying loans in the private banking unit of the former Anglo Irish Bank transferred across to the National Asset Management Agency in the normal way; and if he will make a statement on the matter. [28047/15]

Michael Noonan (Limerick City, Fine Gael)
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Anglo Irish Bank Corporation Ltd and each subsidiary of Anglo Irish Bank Corporation Ltd were designated as a participating institution under the NAMA 2009 Act by the then Minister for Finance in February 2010. I am advised that  as part of the acquisition process NAMA acquired eligible bank assets from the PI and bank assets from within the private banking unit of Anglo Irish Bank may have been acquired. Based on the information provided to NAMA on acquisition it is not possible to identify the different business units from which bank assets were acquired. All acquired bank assets were subject to the EU approved valuation process.