Dáil debates

Thursday, 16 July 2020

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions

Mortgage Lending

10:30 am

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Déanaim comhghairdeas leis an Aire ar son a cheapacháin arís mar Aire Airgeadais agus mar chathaoirleach ar an Eurogroup. Tá súil agam go mbeidh tairbhe ann dár Stát agus pléifimid sin níos moille. Ba mhaith liom ceist a chur ar an Aire ó thaobh na cruinne a bhí agaibh ar an 11 Meitheamh. The Minister, Deputy Donohoe, along with the then Taoiseach, Deputy Varadkar, and the then Minister for Business, Enterprise and Innovation, Deputy Humphreys, had a meeting on 11 May with CEOs of the retail banks. At that meeting, the banks claimed the accrual or charging of additional interest during mortgage breaks in the context of Covid-19 was required by the regulator. We know that was not true. How was it that this was the position relayed to the Minister, Deputy Donohoe, and his colleagues? How was it that they were misinformed on this? Did the Minister address the issue with the banks since? I understand he may have met with the retail banks yesterday. Did this issue arise? What actions does he propose to take to prohibit profiteering by the retail banks during this pandemic by charging additional interest during the mortgage break?

Comments

No comments

Log in or join to post a public comment.