127 Deputy Peter Mathews asked the Minister for Finance if he will provide an explanation of the Central Bank of Ireland’s policy regarding its plans for repayment of emergency liquidity assistance debts by the IBRC; if this money is used to purchase assets for the bank, profits from which can be returned to the Exchequer, or if this money is used to write down the bank’s liabilities, effectively destroying the money created when the ELA loans were made; and if he will make a statement on the matter. [4993/12]

Summary

127 Deputy Peter Mathews asked the Minister for Finance if he will provide an explanation of the Central Bank of Ireland’s policy regarding its plans for repayment of emergency liquidity assistance debts by the IBRC; if this money is used to purchase assets for the bank, profits from which can be returned to the Exchequer, or if this money is used to write down the bank’s liabilities, effectively destroying the money created when the ELA loans were made; and if he will make a statement on the matter. [4993/12]

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• State Banking Sector

  xml · EN · 31 January 2012

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