Regina Doherty (Meath East, Fine Gael) | Oireachtas source

A total of 3,594 people have received legal letters from AIB, which are nearly a final demand, saying that if they do not this, the bank will take the next step. Would AIB have issued those legal letters if the Central Bank's targets had not been there? This does not just concern AIB. The Central Bank's processes encouraged people to find sustainable solutions. Sending me a letter telling me that I have been ignoring the bank for the past two years and if I do not engage with it right now it will take me to court or send my case off to a receiver is not a sustainable solution. I do not see how the Central Bank can call it a sustainable solution and I genuinely do not see how AIB can call it a sustainable solution. In the spirit of it, is that the reason such a large number of people have been sent those letters? Is it just to comply with the Central Bank's targets, or would that have been the norm in previous years before the targets were introduced?