52. Deputy Michael McGrath asked the Minister for Finance if he was consulted prior to the transfer by Allied Irish Bank of €1 billion in loans to the company pension fund; the funding position of the AIB pension following the transfer; if this transfer counts towards the bank's deleveraging target; the action he took to ensure that the interests of the State as the majority shareholder in AIB was protected; and if he will make a statement on the matter. [46658/12]

Summary

52. Deputy Michael McGrath asked the Minister for Finance if he was consulted prior to the transfer by Allied Irish Bank of €1 billion in loans to the company pension fund; the funding position of the AIB pension following the transfer; if this transfer counts towards the bank's deleveraging target; the action he took to ensure that the interests of the State as the majority shareholder in AIB was protected; and if he will make a statement on the matter. [46658/12]

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• Banking Operations

  xml · EN · 24 October 2012

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