51 Deputy Brian O’Shea asked the Minister for Finance if the credit institutions financial support scheme stipulates that the State will underwrite losses incurred as a result of default as opposed to these losses being recouped from the financial sector itself or if such an informal agreement exists with any of the banks or credit institutions covered by the scheme; and if he will make a statement on the matter. [38818/08]

Summary

51 Deputy Brian O’Shea asked the Minister for Finance if the credit institutions financial support scheme stipulates that the State will underwrite losses incurred as a result of default as opposed to these losses being recouped from the financial sector itself or if such an informal agreement exists with any of the banks or credit institutions covered by the scheme; and if he will make a statement on the matter. [38818/08]

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• Financial Institutions Support Scheme.

  xml · EN · 6 November 2008

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