Mairead Farrell (Galway West, Sinn Fein)
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246. To ask the Minister for Finance the size of the State's current shareholdings in each of the banks; and the current market value of these shareholdings in tabular form. [10916/22]

Paschal Donohoe (Dublin Central, Fine Gael)
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As the Deputy may be aware, during 2021, I announced that the State would commence selling its shareholding in AIB and Bank of Ireland through separate pre-arranged trading plans. Updates on the shareholdings in AIB and Bank of Ireland are disclosed to the market each time the shareholding falls through a percentage point threshold as is required by the Stock Exchange and investment regulations. Therefore the exact shareholding in these banks today cannot be disclosed as it could be detrimental to maximising value from our shares.

The following table gives a range for Allied Irish Banks and Bank of Ireland which may be as assistance to the Deputy.