Dáil debates

Tuesday, 27 March 2018

Other Questions

Mortgage Book Sales

5:45 pm

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I believe banks should give as much information as they possibly can to the committee and answer any questions that are put to them. I know that when banks are managing these sales, constraints are generated. I was affected by this myself in respect of what I was able to say about the Permanent TSB disclosure. However, within the constraints that are imposed due to stock market rules, it is still possible to give a fair amount of information regarding what is happening. While there are legal constraints that apply to banks that are involved in these transactions, I do believe they should give as much information as they can to the committee.

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