Peter Mathews (Dublin South, Fine Gael)
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Question 79: To ask the Minister for Finance the amount of mortgage loans outstanding to the six Irish banks; and if he will make a statement on the matter. [12430/11]

Michael Noonan (Limerick City, Fine Gael)
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I assume that the six Irish banks referred to by the Deputy are the six banks covered by the Government Guarantee Scheme (Bank of Ireland, Allied Irish Banks, EBS Building Society, Irish Nationwide, Irish Life and Permanent, Anglo Irish Bank). I have been advised by the Central Bank of Ireland that the amount of mortgage loans outstanding to the six banks is €139 billion of which €73.2bn is for Private Domestic Homes (PDH) in the Republic of Ireland at end of March 2011.

The Deputy may also wish to note that according to the latest Central Bank of Ireland statistics, for the quarter ended March 2011 there were 782,429 private residential mortgage accounts held in the Republic of Ireland to a value of almost €116 billion. These figures include mortgages with other lenders not covered by the Government Guarantee Scheme.