Written answers

Tuesday, 7 July 2009

12:00 pm

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael)
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Question 148: To ask the Minister for Finance the level of consumer debt here; if he will indicated by sector, the extent of debt of house mortgages, hire-purchase loans, credit cards, and other secured or unsecured loans of a personal nature; and if he will make a statement on the matter. [27095/09]

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)
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Private sector credit growth and debt levels are, in the first instance, a matter for the Central Bank and Financial Services Authority of Ireland and details are published by the Bank in their Quarterly Bulletins.

Set out as follows is a breakdown of personal (consumer) debt outstanding at the end of the first quarter of 2009. Information is available for total personal sector lending, house mortgage finance, other housing finance, finance for investment and other personal lending including credit card debt, as compiled by the Central Bank. The Central Bank does not separately identify personal-sector hire purchase loans in the banks' returns.

€ millionTotal Stock atend-Q1 2009
Total Personal Sector Lending171,798
House mortgage finance148,332
Other housing finance899
Finance for investment4,088
Other personal18,480
of which: credit card debt2,843

Source: Central Bank and Financial Services Authority of Ireland

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