Written answers
Tuesday, 19 July 2016
Department of Finance
Banking Sector Regulation
Gerry Adams (Louth, Sinn Fein)
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179. To ask the Minister for Finance if a bank (details supplied) was permitted to sell life loan products to homeowners who were not the sole occupant of the house on which the life loan was issued; and if he will make a statement on the matter. [22289/16]
Michael Noonan (Limerick City, Fine Gael)
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I can confirm that the Department of Finance does not have access to the information requested by the Deputy. Officials in the Department of Finance have referred the Deputy's question to the bank and the bank has responded as follows:
"Disclosures to the market in relation to Bank of Ireland products and services are provided in the Bank of Ireland Group Annual Results. Bank of Ireland is regulated by the Central Bank of Ireland."
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