Dáil debates

Wednesday, 2 May 2018

Questions on Promised Legislation

 

12:50 pm

Photo of Michael CollinsMichael Collins (Cork South West, Independent) | Oireachtas source

On page 113 of the programme for Government under the agriculture and the marine heading, the Government promises to work with the banking sector to make banking affordable for farmers. Banks, such as AIB and Permanent TSB, are announcing the potential sale of loans to vulture funds. That could potentially result in householders, farmers and business people losing their property. As the Government is the main shareholder in AIB, will it stop the sale of loans or mortgages to vulture funds by AIB?

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