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Ireland · Question · written

PQ 25

53 Deputy Ciarán Lynch asked the Minister for Finance the action he will take to ensure that the Irish banks covered by the bank guarantee accurately report on the true present value of their property loan books; his views on whether the injection of State capital of some €7 billion into Allied Irish Bank and Bank of Ireland may turn out to be insufficient to meet future capital requirements; if he has proposals to introduce a bad bank or impaired asset insurance scheme to help provide certainty as regards asset quality in the banking system here; his views on both of these models; and if he will make a statement on the matter. [6320/09]

askedIreland· Dáil Éireann· EN

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18 February 2009

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18 February 2009

Summary

53 Deputy Ciarán Lynch asked the Minister for Finance the action he will take to ensure that the Irish banks covered by the bank guarantee accurately report on the true present value of their property loan books; his views on whether the injection of State capital of some €7 billion into Allied Irish Bank and Bank of Ireland may turn out to be insufficient to meet future capital requirements; if he has proposals to introduce a bad bank or impaired asset insurance scheme to help provide certainty as regards asset quality in the banking system here; his views on both of these models; and if he will make a statement on the matter. [6320/09]

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Financial Institutions Support Scheme.

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