Dáil debates

Thursday, 18 April 2019

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation

 

12:40 pm

Photo of Simon CoveneySimon Coveney (Cork South Central, Fine Gael) | Oireachtas source

To repeat what I said earlier, when loan books are transferred from one bank to another, the rules continue to apply in terms of consumer protections and so on. However, there is an obligation on banks like AIB and others if they are transferring loan books to do that in a way that respects their customers and clients. They should certainly reflect on that in terms of the way in which they manage these transfers.

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