Stephen Donnelly (Wicklow, Independent)
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204. To ask the Minister for Finance if he is concerned at the disparity in treatment of mortgage arrears by Permanent TSB and Allied Irish Banks, on one hand, and Bank of Ireland, on the other, in view of recent announcements of debt deals, which involve restrictions on recourse, being offered and concluded with the former; and if he will make a statement on the matter. [26067/14]

Michael Noonan (Limerick City, Fine Gael)
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As the Deputy will be aware under the Relationship Framework the State does not intervene in the day to day operations of the banks or their management decisions regarding commercial matters. The treatment of mortgage arrears and the products offered is a matter for the individual boards and management teams of the banks. In this context, however, the CCMA requires a lender to document its considerations of each option examined, including the reasons why the options(s) offered to the borrower is/are appropriate and sustainable for his/her individual circumstances and why the option(s) considered and not offered to the borrower is/are not appropriate and not sustainable for the borrower's individual circumstances.