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Tracker Mortgages

Dáil Éireann Debate, Thursday - 30 March 2017

Thursday, 30 March 2017

Questions (130)

Pearse Doherty

Question:

130. Deputy Pearse Doherty asked the Minister for Finance the number of customers of a bank (details supplied) who have been identified by the IBRC liquidators as having possibly been affected by the tracker mortgage scandal. [15807/17]

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Written answers

I am advised by the Special Liquidators of IBRC that the population of sub-accounts identified as in-scope for review under the Direction from the Central Bank of Ireland to IBRC (in Special Liquidation) in relation to the tracker mortgage examination is circa 29,000. The review of these in-scope accounts is on-going and it is estimated to be completed in the coming weeks.

It is important to note that while an account may be in-scope for the purposes of the Central Bank of Ireland tracker mortgage examination, the Special Liquidators have advised that this does not necessarily follow that detriment has been suffered by each and every customer. The final number of customers who have been affected will be known in the coming weeks.

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