Written answers

Tuesday, 22 September 2015

Department of Finance

Banks Recapitalisation

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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362. To ask the Minister for Finance if he will provide a breakdown of the sources of the amounts used to recapitalise Irish banks between funds from the national pensions reserve fund, sovereign borrowing and the promissory notes; and if he will make a statement on the matter. [31568/15]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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As requested by the Deputy, the sources of funds used to capitalise the banks are as follows:

Exchequer -
-€bn
- Promissory Notes30.9
- Other13.5
Total Exchequer 44.4
NPRF19.7
Total64.1

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