300. Deputy John McGuinness asked the Minister for Finance if Allied Irish Banks has quantified the total value of the individual loans approved to fund the Bellfry investments No. 1 to No. 6; the number of individual loans approved and the value of each; if these loans are being repaid in accordance with the terms and conditions of the loan approval; if the individual staff member or manager who sold this product or approved the loan received commission or other reward for the arrangement; if he will confirm the fees charged by the bank relative to this investment; the name of the nominee representing the investors; if the bank has any exposure relative to what is due to be repaid to it; and if he will make a statement on the matter. [15449/15]

Summary

300. Deputy John McGuinness asked the Minister for Finance if Allied Irish Banks has quantified the total value of the individual loans approved to fund the Bellfry investments No. 1 to No. 6; the number of individual loans approved and the value of each; if these loans are being repaid in accordance with the terms and conditions of the loan approval; if the individual staff member or manager who sold this product or approved the loan received commission or other reward for the arrangement; if he will confirm the fees charged by the bank relative to this investment; the name of the nominee representing the investors; if the bank has any exposure relative to what is due to be repaid to it; and if he will make a statement on the matter. [15449/15]

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Timeline

1. 21 April 2015

   Banking Operations

   300. Deputy John McGuinness asked the Minister for Finance if Allied Irish Banks has quantified the total value of the individual loans approved to fund the Bellfry investments No. 1 to No. 6; the number of individual loans approved and the value of each; if these loans are being repaid in accordance with the terms and conditions of the loan approval; if the individual staff member or manager who sold this product or approved the loan received commission or other reward for the arrangement; if he will confirm the fees charged by the bank relative to this investment; the name of the nominee representing the investors; if the bank has any exposure relative to what is due to be repaid to it; and if he will make a statement on the matter. [15449/15]

   Source: written

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• Banking Operations

  xml · EN · 21 April 2015

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• John McGuinness · Asking member
• Finance · Finance · Addressed to

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