2nd reading in the Lords
- Speaker
Lord Campbell-SavoursLabour- Quote
- To ask Her Majesty's Government what arrangements exist for the monitoring of ICICI Bank and the Bank of Nigeria to ensure those banks have sufficient resources (whether through collecting taxes from other firms, borrowing, prefunding or a combination) to pay all claims made upon them in the event of default or collapse. [HL220]
- Source
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- Speaker
The Financial Services Secretary to the Treasury (Lord Myners)Crossbench- Quote
- As a matter of course, HM Treasury does not comment on individual financial institutions.
- Source
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