Banking Operations

Dáil Éireann Debate, Tuesday - 11 December 2012

Tuesday, 11 December 2012

Questions (126)

Pearse Doherty

Question:

126. Deputy Pearse Doherty asked the Minister for Finance the number of personal and or commercial loan accounts in Allied Irish Banks, in which he is the shareholder of 99.8% of the shares, including the Educational Building Society, were found to have been charged interest rates in excess of those permitted by contractual arrangements between bank and customer and the amount of money and or credit that was refunded to such accounts in 2009, 2010 and 2011. [55095/12]

Written answers

Minister for Finance

I have been informed by the bank that any queries related to matters such as instances of potential overcharging are dealt with on a case by case basis by the bank with individual customers. Any potential broader issues which affect a greater population of customers are dealt with via established procedures in consultation with the Central Bank as regulator.