188. Deputy Catherine Murphy asked the Minister for Finance if his attention has been drawn to the interim accounts of a bank (details supplied) for 2018 that allocated €411 million from the incurred but not reported loan provision to the stage 3 loan provision on 1 January 2018; if none of this €414 million provision was used to write down the value of loans disposed in 2018 including those loans sold to a company; if the €414 million figure does not include any or part of those stage two loans the provisions of which were increased under an accounting IFRS 9 adjustment by €271 million; and if he will make a statement on the matter. [45057/18]

Summary

188. Deputy Catherine Murphy asked the Minister for Finance if his attention has been drawn to the interim accounts of a bank (details supplied) for 2018 that allocated €411 million from the incurred but not reported loan provision to the stage 3 loan provision on 1 January 2018; if none of this €414 million provision was used to write down the value of loans disposed in 2018 including those loans sold to a company; if the €414 million figure does not include any or part of those stage two loans the provisions of which were increased under an accounting IFRS 9 adjustment by €271 million; and if he will make a statement on the matter. [45057/18]

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• Banking Sector

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