Written answers
Tuesday, 31 January 2012
Department of Finance
Financial Services Regulation
9:00 pm
Gerry Adams (Louth, Sinn Fein)
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Question 110: To ask the Minister for Finance the discussions he has held with AIB and Permanent TSB regarding the possibility of removing tracker mortgages from their balance sheets into separate vehicles; if he has engaged with the ECB on the issue; the number of customers this will affect; the likely effect on customers; and if he will make a statement on the matter. [4821/12]
Michael Noonan (Limerick City, Fine Gael)
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As the Deputy will appreciate, officials in my Department are in constant and on-going dialogue with our external partners and all of the covered institutions in respect of implementing structures and solutions which would seek to enhance the overall financial system. As and when further measures are agreed/solutions emerge, I will inform the House as appropriate.
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