Dáil Éireann Debate, Tuesday - 8 April 2014
131. Deputy Pearse Doherty asked the Minister for Finance if he will provide in tabular form the value and the number of payment protection insurance policies mis-sold by banks on a bank by bank basis; and if he will make a statement on the matter. [16429/14]
View answerOn 7 March 2014 the Central Bank issued a report on the review into the sales of Payment Protection Insurance (PPI) by eleven credit institutions. The press release and report are available on the Central Bank website, www.centralbank.ie. However, the Central Bank of Ireland does not publish this information on a bank-by-bank basis. The most recent report by the Financial Services Ombudsman provides details on the financial institutions who have had at least 3 complaints upheld or partly upheld during the previous 12 month period. This report is available at http://financialombudsman.ie/documents/Bi-Annual_Review_2013-July-Dec.pdf. Pages 9 and 10 of this report list those providers in the insurance sector, broken into product type and the number of complaints substantiated and partly substantiated. This includes Payment Protection and Mortgage Protection categories.
