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Banking Operations

Dáil Éireann Debate, Wednesday - 15 January 2014

Wednesday, 15 January 2014

Questions (125)

Olivia Mitchell

Question:

125. Deputy Olivia Mitchell asked the Minister for Finance if the debt write-off by Allied Irish Banks to Independent News and Media was sanctioned by the Government; and if he will make a statement on the matter. [1093/14]

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Written answers

As the Deputy will be aware under the Relationship Framework the State does not intervene in the day to day operations of the bank or their management decisions regarding commercial matters.

I have been informed that for confidentiality reasons AIB is not in a position to discuss details of individual customer circumstances. AIB reviews each individual’s circumstances on a case by case basis and all customers are dealt with consistently in line with AIB’s current policies and procedures.

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