Dáil debates
Thursday, 16 January 2014
Other Questions
Banking Sector Issues
10:40 am
Michael Noonan (Limerick City, Fine Gael) | Oireachtas source
It was Central Bank speak for "Get your provisioning done". It is self-evident, because of the asset quality review, that extra provisioning is required. The banks are doing that now and that is what they should do. I assume Mr. Draghi had the mortgage issue in mind as well because he has been speaking to that topic for some time. From my conversations with Deputy Doherty, I imagine we are all ad idem in the House that the banks need to keep the foot to the floor in solving this particular problem and not resile from the agreed targets.
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