Written answers

Tuesday, 19 July 2016

Department of Finance

Banking Sector Regulation

Photo of Gerry AdamsGerry 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]

Photo of Michael NoonanMichael 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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