Terence Flanagan (Dublin North East, Fine Gael)
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To ask the Minister for Finance the number of permanent solutions that have been applied to principal dwelling house mortgages in difficulty in each bank; and if he will make a statement on the matter. [13824/13]

Michael Noonan (Limerick City, Fine Gael)
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The Central Bank has advised that overall there were around 23,430 mortgage accounts that had permanent restructure types at end-December 2012. The Central Bank advises that permanent restructure types are arrears capitalisation, term extension, permanent interest rate reduction, trade down mortgages, split mortgage and mortgage to rent. However, the Central Bank is not in a position to supply bank specific data on this matter. Also, as the Deputy is aware, last week the Central Bank announced additional new measures to tackle the mortgage arrears problem including the publication of performance targets for the main banks to require lenders to systematically work through their mortgage book and to offer durable solutions to mortgage holders in arrears. The Central Bank will also, over the coming period, set targets for the conclusion of durable solutions and for the sustainability of such solutions. Arrangements will be put in place to audit and monitor progress made against these targets. It will be necessary to wait the full reporting of the new measures to assess their impact and the durability of the solutions put in place arising from this process.