Written answers
Tuesday, 24 April 2012
Department of Finance
Departmental Correspondence
9:00 pm
Michael McGrath (Cork South Central, Fianna Fail)
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Question 223: To ask the Minister for Finance if he has given any consideration to a lending proposal outlined in correspondence (details supplied). [20144/12]
Michael Noonan (Limerick City, Fine Gael)
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Firstly, I wish to advise the Deputy that I receive many proposals on aspects of policy within the remit of my Department, all of which are examined by my officials. In relation to this particular proposal, I would remind the Deputy that the Relationship Frameworks with the banks provide that the State will not intervene in the day-to-day operations of the banks or their management decisions including with respect to pricing and lending decisions. These frameworks are published on the Department of Finance website at http://banking.finance.gov.ie/presentations-and-latest-documents/ .
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