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Ireland · Question · written

PQ 85

170 Deputy Joan Burton asked the Minister for Finance the reason Anglo Irish Bank website advertises under the heading Business Banking, that at Anglo Irish Bank we understand your business needs; we provide clients with the following services: Corporate Lending, Asset Finance, Film Finance, International Trade and so on (details supplied) in view of the fact that in 2009 Anglo Irish Bank entered into a subscription agreement with the Government which, in line with EU guidance, required that all new lending was to be solely to the bank’s existing customer base, to be confined to amounts which were previously committed or approved to protect asset quality and to be aimed at reducing overall risk to the bank; and if he will make a statement on the matter. [25463/10]

askedIreland· Dáil Éireann· EN

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15 June 2010

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15 June 2010

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170 Deputy Joan Burton asked the Minister for Finance the reason Anglo Irish Bank website advertises under the heading Business Banking, that at Anglo Irish Bank we understand your business needs; we provide clients with the following services: Corporate Lending, Asset Finance, Film Finance, International Trade and so on (details supplied) in view of the fact that in 2009 Anglo Irish Bank entered into a subscription agreement with the Government which, in line with EU guidance, required that all new lending was to be solely to the bank’s existing customer base, to be confined to amounts which were previously committed or approved to protect asset quality and to be aimed at reducing overall risk to the bank; and if he will make a statement on the matter. [25463/10]

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