Michael McGrath (Cork South Central, Fianna Fail)
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115. To ask the Minister for Finance the number and overall value of IBRC commercial loans sold by the special liquidator; the details of each transaction including the identity of the purchaser; the number and overall value of commercial loans held by IBRC; and if he will make a statement on the matter. [53780/17]

Michael McGrath (Cork South Central, Fianna Fail)
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116. To ask the Minister for Finance the number and overall value of IBRC SME commercial loans sold by the special liquidator; the details of each transaction including the identity of the purchaser; the number and overall value of SME commercial loans held by IBRC; and if he will make a statement on the matter. [53781/17]

Paschal Donohoe (Dublin Central, Fine Gael)
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I propose to take Questions Nos. 115 and 116 together.

The information requested is not held within the Department. The Special Liquidators are in the process of compiling a response to this question which I will forward to the Deputy at the earliest opportunity.?

However, at a high level, as the Deputy is aware, for operational reasons the loan assets of IBRC were originally divided into six portfolios (and then split into two further portfolios): Evergreen, Rock, Salt, Sand/Pearl, Stone, Pebble, Quartz and Amber. All with the exception of project Sand/Pearl and project Evergreen were made up of, or had an element of commercial loans included in them.

I would draw the Deputy's attention to page 8 of the progress update report from June 2014 () which gives a good overview of what each portfolio was made up of at the start of the loan sales process. Pages 8 and pages 15 of the progress update report from March 2015

()gives a further update on this and the wave 2 sales process.