Dáil Éireann Debate, Thursday - 12 March 2015
91. Deputy Brendan Griffin asked the Minister for Finance if he will call in Allied Irish Banks to question the lack of meaningful engagement with two mortgage holders (details supplied) in County Kerry; and if he will make a statement on the matter. [10917/15]
View answerAs the Deputy will be aware I have no direct function in the relationship between banks and their customers. Decisions taken by the bank are a matter for the board and management of the institution. Notwithstanding the fact that the State is a shareholder in some of the institutions operating in the State, I must ensure that these banks are run on a commercial, cost effective and independent basis to ensure the value of the bank as an asset to the State.
I have also been informed that for confidentiality reasons AIB is not in a position to discuss details of individual circumstances. However the bank assures me that they always wish to engage with mortgage customers in difficulty in an effort to find a viable restructuring.
