244. Deputy Pearse Doherty asked the Minister for Finance further to reports that Allied Irish Bank has confirmed that the first tranche of €700 million book value of loan assets transferred to the group pension fund in August 2012 as part of the total transfer of €1.1 billion book value loan assets resulted in a loss on these loan assets of €300 million, if he will confirm the loss incurred on the transfer to the AIB group pension fund of the remaining tranche of €400 million book value loan assets. [52882/12]

Summary

244. Deputy Pearse Doherty asked the Minister for Finance further to reports that Allied Irish Bank has confirmed that the first tranche of €700 million book value of loan assets transferred to the group pension fund in August 2012 as part of the total transfer of €1.1 billion book value loan assets resulted in a loss on these loan assets of €300 million, if he will confirm the loss incurred on the transfer to the AIB group pension fund of the remaining tranche of €400 million book value loan assets. [52882/12]

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• Pension Provisions

  xml · EN · 27 November 2012

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