Pearse Doherty (Donegal, Sinn Fein)
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152. To ask the Minister for Finance the total number of persons who received a refund and-or compensation from financial institutions following the Central Bank's summary report on payment protection insurance mis-selling, in tabular form, inclusive of the specific number of affected persons with regard to each financial institution; the total value of refunds and compensation paid by each institution; and if he will make a statement on the matter. [7166/17]

Michael Noonan (Limerick City, Fine Gael)
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The Central Bank has previously informed me that, in accordance with section 33AK of the Central Bank Act 1942, the Central Bank is prohibited from disclosing confidential information concerning the business of a credit institution otherwise than in accordance with the Supervisory Directives (which include the Directive 2013/36/EU).

On the issue more generally, the Central Bank issued a report on 7 March 2014 on the review into the sales of Payment Protection Insurance (PPI) by eleven credit institutions which said that refunds of €67.4m were made to 77,000 policyholders. 

In reply to a PQ in 2015, I provided Central Bank updated figures of a total refund of €69.5 million to around 83,490 policyholders.  The latest figure provided by the Bank of the amount refunded is just over €70 million however, the Bank does not have an up to date figure for the number of policyholders.