Written answers

Tuesday, 6 July 2010

Department of Finance

Financial Services Regulation

10:00 am

Photo of Joan BurtonJoan Burton (Dublin West, Labour)
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Question 127: To ask the Minister for Finance the number of loan refusals that have been referred to the Credit Review Office to date; the number of same that have been processed; the number processed that have resulted in an unfavourable review; the number of cases in which the original loan refusal was upheld as being justified; if he received an analysis from the Credit Review Office of its activities to date; if so, when he will publish this analysis; and if he will make a statement on the matter. [29318/10]

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)
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I recently received the first quarterly from the Credit Reviewer, Mr. John Trethowan. This report includes, amongst other things, the information which the Deputy has sought in the parliamentary question. I can confirm that numbers of reviews to date are quite low. I intend bringing the report to Government and will lay it before the House as soon as possible after that. I will ensure that a personal copy is provided to the Deputy at that stage.

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