Leo Varadkar (Dublin West, Fine Gael) | Oireachtas source

In terms of the breakdown, the Strategic Banking Corporation of Ireland, SBCI, has committed €881 million to its on-lending partners. The vast bulk of that, €400 million has gone through AIB, followed by Bank of Ireland, €200 million; Ulster Bank, €75 million; Finance Ireland, €51 million; First Citizen, €40 million; Bibby Financial Services, €45 million; and FEXCO, €70 million. It is certainly the case that the bulk of the lending has gone through the very large pillar banks.

The Deputy's suggestion that the SBCI appear before the finance committee or another appropriate committee to account for itself and the work it is doing is an appropriate one. I see no reason that should not happen or that it would be unwilling to appear before the finance committee but that is a matter for the Chairman and members of that committee. I know the very thorough work it did around the tracker mortgages. I am sure it could do some good work around this as well.

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