Mortgage Arrears Rate

Tuesday, 30 April 2013

Questions (166)

Pearse Doherty

Question:

166. Deputy Pearse Doherty asked the Minister for Finance further to Parliamentary Question No. 252 of 16 April 2013, if he will confirm the name or names of the principal person or persons at the Central Bank of Ireland responsible for setting and monitoring targets at the banks for dealing with distressed mortgages. [20016/13]

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Written answers

Minister for Finance

I am informed by the Central Bank that setting and monitoring targets in this area is the responsibility of the Deputy Governor (Financial Regulation) of the Bank who will delegate operational responsibility to the Director, Credit Institutions & Insurance Supervision and the Divisional Supervisory teams.