Dáil Éireann Debate, Tuesday - 5 July 2016
122. Deputy Pearse Doherty asked the Minister for Finance to provide the use of the exceptions under the Central Bank's lending rules by a bank (details supplied) by the amount under the loan-to-value rules, in tabular form; the amount under the loan-to-income rule and the amount that was granted to buy-to-let mortgages; and if he will make a statement on the matter. [19163/16]
View answerI have been informed by the bank referred to in your question that the detail you have requested is not publicly available. The bank's financial statements and investor presentations contain extensive disclosures in relation to the bank's credit risks relevant to shareholders. These documents and all other information required to be provided to shareholders is available on its website.
Information in relation to the bank's new mortgage lending in 2015 is also available in the bank's 2015 Financial Statements. I am further advised that the bank was compliant with the Central Bank of Ireland's macro prudential restrictions in the period up to December 2015 and that 11% of the qualifying loans were issued as exceptions under the Central Bank of Ireland's macro prudential rules.
