Written answers
Thursday, 19 November 2015
Department of Finance
Banking Sector
Pearse Doherty (Donegal South West, Sinn Fein)
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58. To ask the Minister for Finance the cost to each of the State-backed banks of the financial advice scheme (details supplied); and if he will make a statement on the matter. [40929/15]
Michael Noonan (Limerick City, Fine Gael)
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The banks in which the State has a shareholding all include the cost of the Financial Advice Scheme as part of the wider costs of addressing mortgages in arrears. They do not disclose the cost of the scheme separately from Operating Costs, as listed in their respective financial reports. For further information on the implementation of the scheme the Deputy may wish to consult with the Department of Social Protection.
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