Dáil Éireann Debate, Tuesday - 4 December 2012
142. Deputy Stephen S. Donnelly asked the Minister for Finance further to Parliamentary Question No. 210 of 20 November 2011, if he will provide the actual amount of mortgage debt surrendered to borrowers by Bank of Ireland, rather than impairment provisions the bank has made; and if he will make a statement on the matter. [53875/12]
Amharc ar fhreagraI have received the following response from Bank of Ireland:-
Bank of Ireland has given very comprehensive mortgage disclosures in its recent annual and interim accounts, and the Interim Management Statement (IMS) dated 13 November. It has provided additional mortgage related disclosure as part of its response to Parliamentary Question Number 51262.
Specifically, Bank of Ireland has given significant and comprehensive disclosure on its Retail Ireland Residential Mortgage portfolio in pages 107-117 of its Interim Report for the six months to 30 June 2012, and gives further significant and comprehensive disclosure on its asset quality, including in connection with Retail Ireland residential mortgages, in pages 25-29 of this Interim Report. Bank of Ireland also provided significant and comprehensive disclosure on its provisioning policies per pages 124-126 of its Annual Report for the year to 31 December 2012. There have been no material changes to these policies since then.
Bank of Ireland does not provide disclosures in the areas above other than as set out above.
