Michael McGrath (Cork South Central, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

132. To ask the Minister for Finance whether a bank (details supplied) has expressed its intention to sell on performing loans; and if he will make a statement on the matter. [8172/17]

Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source

I assume that the Deputy is referring to the sale of non-performing loans. I can confirm that I have not received a consultation request with regard to a material disposal of loans, as would be required under the terms of the Relationship Framework with the bank concerned. However my officials have informed me that the bank concerned is considering such a process though I understand that there are no PDH (private dwelling home) mortgages involved. For the avoidance of doubt, neither have I received any consultation requests concerning the sale of performing loans from the bank concerned.