170. Deputy Michael McGrath asked the Minister for Finance if deferred tax assets on losses carried forward in banks are included in the calculations for CET1 and fully loaded CET1 ratios; if these ratios will deteriorate if the deferred tax assets were removed from the balance sheet; if it will mean that banks would have to hold more capital if these deferred tax assets were removed; if this will increase the costs facing the banks; if this will have an impact on retail interest rates for customers; and if he will make a statement on the matter. [49041/19]

Summary

170. Deputy Michael McGrath asked the Minister for Finance if deferred tax assets on losses carried forward in banks are included in the calculations for CET1 and fully loaded CET1 ratios; if these ratios will deteriorate if the deferred tax assets were removed from the balance sheet; if it will mean that banks would have to hold more capital if these deferred tax assets were removed; if this will increase the costs facing the banks; if this will have an impact on retail interest rates for customers; and if he will make a statement on the matter. [49041/19]

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• Banking Sector

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