Pearse Doherty (Donegal, Sinn Fein)
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138. To ask the Minister for Finance if lenders subject to the tracker review have indicated to the Central Bank that they will reduce the number they are of the view are impacted by the tracker scandal compared to their statement of December 2017; and if he will make a statement on the matter. [5631/18]

Paschal Donohoe (Dublin Central, Fine Gael)
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The Central Bank has advised that, based on its most recent progress update report on the Tracker Mortgage Examination which was published on 20 December 2017 and on certain updated data that the Bank provided to the Joint Oireachtas Committee on Finance, Public Expenditure and Reform and Taoiseach on January 18 last, lenders have included c.33,700 customers as affected by tracker mortgage failings with €316 million paid in redress and compensation so far. T his includes 7,100 impacted tracker cases which were remedied outside of the examination framework.

While the Central Bank’s view is that the vast majority of impacted customers have now been identified, it will continue to review, challenge and verify the work undertaken by the lenders and complete its intrusive on-site inspection programme. The examination continues to be a priority for the Central Bank and it will continue to challenge lenders in respect of the conduct of the Examination to ensure that all affected customers are identified and any emerging issues are addressed.  I look forward to receiving a further progress update report from the Central Bank based on end-March 2018 data in due course.