Dáil debates

Wednesday, 17 October 2012

10:50 am

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael) | Oireachtas source

The Deputy makes constructive suggestions every week. We have had long discussions with the banks about steps they could take to help persons in mortgage distress. The regulator required the banks to submit to him, by a certain date, their proposals for persons in mortgage distress. I expect that banks will now answer the calls made yesterday by Ms Muldoon of the Central Bank and the comments made by the Governor of the Central Bank and the Department of Finance pursuant to what the Government has been saying, that is, that we need to prove there is now a functioning banking system and that the facilities given to banks are implemented. In addition, we are moving forward with the personal insolvency legislation.

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