Written answers

Tuesday, 14 July 2020

Photo of Neale RichmondNeale Richmond (Dublin Rathdown, Fine Gael)
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291. To ask the Minister for Finance the number of applications that were received for banking licences here in each of the years 2015 to 2019, inclusive, and to date in 2020; and if he will make a statement on the matter. [15106/20]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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The Central Bank has provided tabular details of the number of applications received for banking licences for the period 2015 to date. It should be noted that the table does not include assessments in relation to material expansions of activities by existing banking licence holders, which were undertaken in the context of Brexit, as these did not constitute new licences.

The following are the details for the period 2015 to date:

Year Number of Applications Received
2015 One
2016 None
2017 None
2018 None
2019 One
2020 (to date) None

Photo of Neale RichmondNeale Richmond (Dublin Rathdown, Fine Gael)
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292. To ask the Minister for Finance the number of new banking licences that were issued here in each of the years 2015 to 2019, inclusive, and to date in 2020; and if he will make a statement on the matter. [15107/20]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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The Central Bank has provided tabular details of the number of new banking licences issued for the period 2015 to date. It should be noted that the table does not include assessments in relation to material expansions of activities by existing banking licence holders, which were undertaken in the context of Brexit, as these did not constitute new licences.

Year Number of Licences Granted
2015 One
2016 None
2017 None
2018 None
2019 One
2020 (to date) None

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