Mortgage Arrears Proposals

Dáil Éireann Debate, Thursday - 27 February 2014

Thursday, 27 February 2014

Ceisteanna (84)

Martin Heydon

Ceist:

84. Deputy Martin Heydon asked the Minister for Finance the number of split mortgage arrangements that have been agreed by the pillar banks with their mortgage holders; if this number is increasing in line with the demand for alternative arrangements by those with significant debts; and if he will make a statement on the matter. [10305/14]

Freagraí scríofa

Minister for Finance

I wish to advise the Deputy that Bank of Ireland and AIB will announce their annual results for 2013 on the 3rd March and 5th March respectively. I have been informed by both banks that further detail in relation to their progress in dealing with mortgage arrears including the use of split mortgages will be contained in these financial statements.